Audience[ edit ] Business plans may be internally or externally focused. Externally-focused plans draft goals that are important to outside stakeholders, particularly financial stakeholders.
This article is a joint project of ProZ. All translators are invited to contribute freely. Click "Edit" above; you must be logged in. Cheatsheet According to Wikipedia, a business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals.
It may also contain background information about the organization or team attempting to reach those goals. If you own an agency with several employees and a large cash flow, you probably have a business plan for your company and are familiar with this tool.
If, on the other hand, you are a freelance language service provider, you are not likely to be familiar with this concept and to disregard this kind of tool as something not related with language, and therefore not interesting to you.
As a freelancer you are your own company. Writing a good business plan will teach you about the strong and weak points of your business.
It may help you understand where you are, where you want to be, and how to move from here to there. This can be useful when the sun shines and it may be essential when the rainy season arrives.
A well-written business plan is another way of showing your professional seriousness and it could also help you get a loan, form a partnership or help you gain access to a well organized corporate client looking for service providers having this special "difference".
What should be included? There are many sources of business plan templates, some are free, some are sold by commercial web sites. You should get a template and adapt it to the particularities of your business.
Consider writing an internal business plan with all the details and a public, abridged version to share with external stakeholders. A summary of the plan, including: A statement of your goals as a business The factors that make your business special Current status and plans A description of your business, including: Your administrative organization, including Procedures for pricing and quotations Terms and conditions.Jan 19, · Presentation on developing a farm business plan by Dr.
Rodney Jones. For more information go to: leslutinsduphoenix.com This vide. According to Wikipedia, a business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals.
The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.
Remember, there is a difference between a BC/DR program and a BC/DR plan. A program is a set of policies, practices and responsibilities that provide the structure for management, governance and sustainability to accomplish the goals.
Jun 25, · 7 Elements of a Business Plan Your well-thought-out business plan lets others know you’re serious, and that you can handle all that running a business entails.
It can also give you a solid roadmap to help you navigate the tricky waters/5(28). Cambridge International General Certificate of Secondary Education Identify and explain two objectives which Joey and Jennifer could set for the business.
 Knowledge [2 × 1] – award one mark for each relevant objective No need to draw up a business plan to obtain it Little retained profit available as.