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Use this template as a basis for developing the annual goals for your business.Remember, you can define your goals as annual, quarterly, monthly or any timeframe which best fits your business.
Examples of business objectives are provided later in this document.
Strategies are how you're actually going to achieve your objective.
See what your business plan should include As a development bank, BDC has been working with entrepreneurs for over 65 years to develop business plans that help them succeed.
Our business plan template is designed to allow you to prepare a professional plan, and take your business to the next level toward growth and success.
Our free business plan template is part of a kit put together to help you define who you are, describe your business, and document how you will be profitable.
Your business plan is not only a necessity when seeking financing for your project, it is a recognized management tool that outlines exactly what your company will do and how it plans to succeed.Good practice is to review your annual business goals either quarterly or monthly and check off which performance measures you've achieved.At the end of the year you should have completed all performance measures in this document.The key to success is to make sure your goals are realistic and achievable within your defined timeframe.For each goal give it a number starting with one and give it a name prefixed with the general category for that goal.Strategies aren't measurable, time bound or specific.They actually define the approaches you're going to take in order to achieve your stated objective.This not only helps you to define your goal by starting with a broad idea such as Branding and then further defining it but also to assign it to the appropriate resources within the company.Some examples are: In this template we define the goals as annual goals; however, you can choose any time period which suits your needs.A business plan is a written statement describing your business organization, operations and financial and growth projections.It usually includes a request for funding for specific purposes such as start-up, expansion or equipment purchase and a detailed financial analysis with future revenue projections.