To understand the difference between strategic planning and operational planning more easily, think of strategies as what you want to achieve and operations as how you will achieve it. Strategies are ...

Developing strategic plans is a necessary part of a business. Many types of business plans exist, and two common types of plans include a tactical plan and an operational plan. Tactical and ...

Turn your strategic plan into a specific operational plan with these steps and examples. An annual plan is an operational plan that indicates specific goals and objectives for a particular program or ...

It’s more than a tool for getting funding. Think of it as the road map to your business’s future. Opinions expressed by Entrepreneur contributors are their own. Recently someone asked me why they ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...