How Business Plans are Used
Venture Capital
business plan contests - provides a way for venture capitals to find promising projects
venture capital assessment of business plans - focus on qualitative factors such as team.
Public Offerings
in a public offering, potential investors can evaluate perspectives of issuing company
Within Corporations
Fundraising
Fundraising is the primary purpose for many business plans, since they are related to the inherent probable success/failure of the company risk.
Total Quality Management
For more information see Total Quality Management
Total Quality Management (TQM) is a business management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing, education, call centers, government, and service industries, as well as NASA space and science programs.
Management by Objective
For more information see Management by objectives
Management by Objectives (MBO) is a process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.
Strategic Planning
For more information see Strategic Planning
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ) and
[edit]Education
K-12
Business plans are used in some primary and secondary programs to teach economic principles.Wikiversity has a
Higher Education
BA, MBA programs
integrative team projects
projects for specific course work
Business plan contests
