Business Plan

A business plan is something that is familiar to many who have worked either setting up a business or on the strategy side of things.

A business plan is a formal document that new businesses (or larger ones when reorganizing) require.

It will outline, often in a time-ordered fashion, what the business will do - it's goals and earnings estimates, and also how it will use any loans or moneys provided to it during that time.

As such the document is essential both for the entity itself but also for investors and those who may decide whether or not to give it funding based on what they find inside the business plan.

Related Articles

Boiler Plate
Escrow
European Central Bank
Macroeconomics
All Or None

More Financial Words and Vocabulary Explained