Developing strategic plans is a necessary part of a business. Many types of business plans exist, and two common types of plans include a tactical plan and an operational plan. Tactical and ...

As the popular saying goes: A goal without a plan is just a wish. This applies to a corporate strategy. It can look great in a proverbial template, but it falls flat if there is no documented action ...

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 ...

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 ...

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 ...

Operational success is the backbone of any thriving organization, and I believe the key to achieving it lies in effective annual planning. It's crucial to reflect on the past and strategize for the ...