Business Strategy
Some prefer to start with a vision and break it down to mission, goals and objectives
Others prefer to start with a mission and build it up into a vision. Both approaches have benefitted many businesses
What is Business Planning ?
This is a way to document management approaches to all or key areas of running a business, primarily finance, marketing and operations. Other areas can be considered as well
Business planning also helps in capital budgeting and how investment funds can be used to run and grow the business