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“And you’ll need to keep changing and updating it as you go and learn.
The next step in creating your business plan is to develop an Operations Plan that will serve your customers, keep your operating costs in line, and ensure profitability.
It describes how the work will be done, the workflow from input to end results, including the resources that will be used along the way, all of which are required for success.
Streamlined business systems also defines how you will deal with risks, and how you will ensure sustainability of the project’s achievements.
Your ops plan should detail strategies for managing, staffing, manufacturing, fulfillment, inventory...
all the stuff involved in operating your business on a day-to-day basis.
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An operational plan forms part of the business’s strategic plan and is important for effective business leadership.
Instead of providing an example like I've done with other sections, use the following to determine the key areas your plan should address: Location and Facility Management In terms of location, describe: Sound like a lot? Next time we'll look at another major component in a business plan: who is (or will be) on your Management Team. writes about products and services in this and other articles.
It can be--but not all of the above needs to be in your business plan. Then create an overview of that plan to make sure your milestones and timeline make sense. These articles are editorially independent - that means editors and reporters research and write on these products free of any influence of any marketing or sales departments.