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Business Action Plan
A business action plan is an internal document designed to set a business on the right track by outlining the necessary resources, timelines, and tasks to achieve specific goals. Key components include the overall vision (goal), expected outcomes (objectives), milestones (indicators), necessary steps (strategy), and implementation actions. Typically, businesses develop these plans during or after meetings to set goals, seek investment, or grow existing operations.
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Business Action Plan
- 1. Business Action Plan ByCherish Taylor
- 2. What is aBusiness Action Plan? •Set you on the right track •Internal business document •Achieve a goal.
- 3. What is thepurpose of a Business Action Plan? Outlines • Resources required • Timeline • Tasks To achieve a goal
- 4. What are thecomponents of a Business Action Plan? Business Action Plan Goal Objective Indicators Strategy Action A good Business Action Plan has these components: • Goal -Overall vision • Objective - Outcome • Indicators –Milestones • Strategy - Steps needed • Action -Implement the step
- 5. What is aBusiness Action Plan like? A Business Action Plan is like when someone is planning to go on a trip.
- 6. When do businessestypically develop of a Business Action Plan? • During or after a meeting. • Set goals • Seek investment for a business • Grow your existing business
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