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What Should Be Included When Writing an Effective Business Plan?

It is important to be very specific with what the goals are, the deadline to complete each, how they will be paid for, who will do the work and how progress will be overseen and measured. This will enable accountability to better assure success. Goals might include increase in number of new clients/customers, percent or dollar increase in gross revenue, percent or dollar increase in net revenue, percent or dollar decrease in expenses, hire a new staff person for a specific position, increase square footage of office/store space by a specific amount for a specific purpose, etc.

© Nancy Butler, September 2011