business plan

Dictionary of Banking Terms for: business plan
business plan

document required of new businesses or corporations in reorganization, where the business is planning a major change in operations. This plan may be a chronological explanation of how the firm will use the bank loan, plus management goals and earnings objectives over the next three to five years. This statement usually is accompanied by a pro forma statement of anticipated earnings and expenses over the same period. The two statements should complement each other.

Dictionary of Business Terms for: business plan
business plan

document that organizes a business concept, including marketing and management strategies and financial projections.

Dictionary of Finance and Investment Terms for: business plan
business plan

a comprehensive analysis of all aspects of a business enterprise relevant to its viability, including its history, management, competitive position, market, activities, products, policies, finances, and projected finances. Its purpose is usually to attract financing or investment capital.

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