Every wholesale, retail, and/or service business can benefit from the preparation of a carefully written business plan. There are two main purposes for writing that plan. There is an additional benefit if you do business internationally.
The following pages provide a suggested outline of the material to be included in your business plan. Your final plan may vary according to your specific needs or individual requirements of your lender or investor.
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Validate a new business idea, or quickly develop your business strategy by starting with a one-page pitch. Do this before you plan!
A business plan is a formal statement of business goals , reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.
Business plans may target changes in perception and branding by the customer , client, taxpayer , or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since investors will look for their investment return in that timeframe. 
This article explains concisely how project sponsorship relates to and differs from project management, and also defines and gives examples of typical responsibilities and activities within both the project sponsorship and project management roles. Project sponsorship is linked very strongly with principles of leadership, and is improved by awareness of different leadership theories, styles, models, etc. Project sponsorship is also closely connected with delegating responsibility and related techniques.. read more
Business networking is an effective low-cost marketing method for developing sales opportunities and contacts, based on referrals and introductions - either face-to-face at meetings and gatherings, or by other contact methods such as phone, email, and increasingly social and business networking websites.. read more
A business plan is essential to have in place before you seek to start up a farm business, no matter what else you''ve done by way of preparation. In today''s world, animal agriculture is more complex and more variable than it was 100 years ago. There are changing markets, high costs, low profit margins, different ways to raise cattle, and niche markets. The type of business plan you make is up to you, but the following step-by-step process of making a proper business plan will help you in the long run.
List and discuss the alternatives that were considered before arriving at the recommended strategy. Alternatives might include discontinuing a product, re-branding, positioning as a premium or value product, etc.
Discuss why the strategy was selected, then the marketing mix decisions (4 P's) of product, price, place (distribution), and promotion.