In most cases, entrepreneurs begin tackling the challenge of writing a business plan before the business exists. Doing that, of course, means that your plan will focus much more on the potential of ...

Operational success is the backbone of any thriving organization, and I believe the key to achieving it lies in effective annual planning. It's crucial to reflect on the past and strategize for the ...

To understand the difference between strategic planning and operational planning more easily, think of strategies as what you want to achieve and operations as how you will achieve it. Strategies are ...

As the popular saying goes: A goal without a plan is just a wish. This applies to a corporate strategy. It can look great in a proverbial template, but it falls flat if there is no documented action ...

An operational plan is a document that lays out the basic structures and practices of a business. It may exist as an independent document or as part of a larger business plan. For a manufacturing ...

The new presidential administration brings with it a new corps of leaders who will have to learn how the Department of Defense (DoD) plans military operations. It also means an opportunity to improve ...

It’s more than a tool for getting funding. Think of it as the road map to your business’s future. Opinions expressed by Entrepreneur contributors are their own. Recently someone asked me why they ...

As we approach the end of 2021, it’s again time for sponsors of 401(a) and 403(b) plans to review their plan documents and plan operations to ensure compliance with increasingly complex qualification ...