Detail your direct costs and gross profitability in your operating plan, even though other sections of your business plan cover financial considerations in greater depth.After covering your cost of goods sold, expand on your pricing model and its significance in your marketing efforts.Tags: Software For Business PlansLegal Research PapersCover Letter For English ProfessorSteps To Writing A Research Paper OutlineDiscrimination Society EssayHow To Publish An EssayCep CourseworkDecision Making And Problem SolvingProper Essay Spacing
Everyday Processes (Short-Term Processes)Every company has processes to provide its customers with products and services.
And service-oriented businesses have processes to identify new areas of customer interest, to continually update service features, etc.
The processes that a company uses to serve its customers are what transform a business plan from concept to reality. And more importantly, investors do not invest in concepts — they invest in reality.
An operating plan is a specific outline of how your business will conduct its operations.
More specifically, the plan covers details such as inventory sourcing, manufacturing processes, distribution and anything else directly related to making, acquiring, storing and delivering goods (or providing services).