Applications of the Business plan Big mistakes can be avoided with the help of Business plan. Developing and sharing the business plan can help you to find right direction. A business plan helps us to keep counterbalance on our emotions while working on the project we lose the sight of reality.
BUSINESS CASE RESEARCH PAPER 5 A business plan helps us to make sure that everyone is on the same page while working on the project. A business plan helps in developing a game plan for the project. It also helps us to set goals and priorities. A business plan helps to raise the capital for the project. Differences between business plan and business case: Business Plan Business Case Organized Around Organized around the organization plan, start up business or business expansion or to promote brand It is organized around the single action or single decision Predict Predicts business performance years on years and future business income Financial and non-financial impact of the of the business action Focus on Business vision and mission of the organization Objective of the particular action on the business Based On Based on the market trend, competitor action business model is designed Cost - benefit analysis of the business action on the organization Measures Measures sales, margin and profit of the organization Measures project cash flow impact of it on the business
BUSINESS CASE RESEARCH PAPER 6 Links for Business Case 1.EPLC BUSINESS CASE TEMPLATE ?