Business Plan Process and Action
Consider the uses of a business plan to guide day to day and long-term decision making.
Discover how a business plan might support strategic conversations with funders and partner organizations.
Learn more about the twelve questions funders ask that can be answered by a business plan.
Discussion Questions
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What are the benefits of the development and use of a business plan?
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Should start up or emerging organizations or partnerships create a business plan?
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What need are you seeking to meet?
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What is needed to meet this need?
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Who is your competition for delivering products or services to meet this need? Can these individuals or organizations become a strategic partner?
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How will the partnership financially launch and sustain these products and services?
The outline and subject matter of a Business Plan is consistent across the public, private and nonprofit sectors.
Learn more about the elements of a Business Plan: executive summary, organizational description, products and services, market analysis, marketing/communication plan, implementation strategies, organizational structure and financial analysis.
Discussion Questions
If you were drafting a business plan to support the work of a partnership, how would you describe:
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Why this partnership is in a position to lead on this topic?
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How research and development has informed the partnership’s investment in products and services?
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Who are providing similar products and services to meet the public’s need?
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What are the details of the outreach plan?
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What are 3 benchmarks in the implementation plan?
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Who are the decision-makers of the partnership and individual partners?
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What is the financial health of this partnership initiative?
Are you ready to create a Business Plan?
Explore the 6 phases of Business Plan development: concept, research and development, production, beta test, adoption and roll out.
Discussion Questions
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Who should serve on the Business Plan work group?
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How would you define the audience of the Business Plan?
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What information will you collect during the research and development phase?
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What visuals might you use to illustrate the Business Plan?
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How will you vet the draft Business Plan?
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What is the value of sharing the Business Plan?
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How will you monitor and evaluate the performance of the Business Plan?
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What is the relationship between the Strategic Plan and the Business Plan of your organization or partnership?