Strategic Business Plan. The strategic business plan is a step by step guide a business puts on paper to achieve its business objectives. The five primary aspects of the plan are the company eyesight, mission statement, critical achievement factors, strategies and activities for objectives, and a prioritized implementation timeline.
Strategic Business Plan. Write the objective statement for the business. This can be a brief, two- to three-sentence description of the business, such as what type of business it is and just how you plan to meet the needs of the target market by offering the products or even services of your business. Like a mission statement for any restaurant may be “ to make sure that each patron receives quick and professional service through serving nutritional and well-prepared meals at affordable prices. ”