Business Plan

A document utilized by management and relied upon heavily by some investors, that entrepreneurs use in detailing their business concept as well as their company’s overall strategic and financial objectives. In recent years the Business Model Canvas has become increasingly popular with both entrepreneurs and managers as a guide or framework for the startup’s efforts, and in many cases is now utilized in lieu of the Business Plan by these parties.6


Related Terms

Business Model Canvas | Exit Strategy | Capitalization Table

Related Articles

7 Steps to Assess Your Concept’s Competitive Environment

6 Startup Lessons Learned From Previous Mistakes


FundingSage