Longman Dictionary of Contemporary English
Wiktionary
n. (context business English) A summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed.
Wikipedia
A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.
Business plans may target changes in perception and branding by the customer, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since investors will look for their investment return in that timeframe.
Usage examples of "business plan".
He convinced the federal government that he had a sound business plan and obtained government loan guarantees, which Chrysler was able to pay back seven years early.
I proceeded to listen to his business plan and then recited all the reasons (which I had prepared before the meeting) why I couldn’.
Perhaps if he presented it to them in the form of a business plan, it wouldn't scare the craven-hearted losers into full flight.
I told him I wouldn't sign off on a business plan, couldn't tell him what we would come up with or how much it would be worth, couldn't promise him anything concrete.
The business plan he and Sa'id had created for their joint venture hadn't envi sioned—.
We don't fit anyone's business plan or keep office hours or meet productivity targets.