In most cases, entrepreneurs begin tackling the challenge of writing a business plan before the business exists. Doing that, of course, means that your plan will focus much more on the potential of ...

Opinions expressed by Entrepreneur contributors are their own. Investors and other plan readers pay careful attention to the part of your plan describing your operations. Most entrepreneurs are highly ...

Opinions expressed by Entrepreneur contributors are their own. Companies that make things have certain characteristics that set them apart from others, including retailers and service firms. They take ...

The operational plan is a section of the overall business plan that concerns how the company will operate from day to day. However, entrepreneurs and business managers must consider external factors ...

All entrepreneurs and business owners should have a business plan. The very process of developing your plan helps you understand they type of business you'd like to build, and the action plan which ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Krista Fabregas is a seasoned eCommerce and online content pro sharing more than 20 years of hands-on know-how with those looking to launch and grow tech-forward businesses. Her expertise includes ...

To understand the difference between strategic planning and operational planning more easily, think of strategies as what you want to achieve and operations as how you will achieve it. Strategies are ...