The operational plan is a section of the overall business plan that concerns how the company will operate from day to day. However, entrepreneurs and business managers must consider external factors ...

Opinions expressed by Entrepreneur contributors are their own. Investors and other plan readers pay careful attention to the part of your plan describing your operations. Most entrepreneurs are highly ...

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 ...

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 ...

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. Your ops plan should detail ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

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 ...

Segal Marco Advisors suggests a framework to identify and manage operational risks for public sector DC plans that could also be used for corporate plans. When a retirement plan faces challenges, plan ...