Business plan

/bˈɪznəs plˈan/

/bˈɪznəs plˈæn/

[noun]

Business plan

[NOUN]

‌a document that says what goals a company has for the future and how they could be achieved

Examples

1. They are currently working on the meat and potatoes of the business plan, developing the key strategies.

2. The young entrepreneur realized that she had made a mistake in her business plan and had to send the helve after the hatchet and make adjustments quickly in order to keep her business on track.

3. If you're planning to start a business, it's important to have a solid business plan and some experience in the industry.

4. The entrepreneur was looking for investors, but he also worked tirelessly to improve his business plan.