Which Part of a Business Plan Is a Long-term Picture of What the Business Is to Become and What It Will Look Like When It Gets There? Vision and Business Plan Overview

by

The vision statement is a long-term picture of what the business will become.

The executive summary, business description, and strategy are the most important parts of a business plan.

The purpose of a business plan is three-fold:

  1. It summarizes the strategy.
  2. Secures financing.
  3. Helps forecast future demands.

The focus is on covering every department and service and specifying functions like sales, marketing, and revenue predictions.

Leave a Comment