As the popular saying goes: A goal without a plan is just a wish. This applies to a corporate strategy. It can look great in a proverbial template, but it falls flat if there is no documented action ...

If you've ever found yourself asking "What's the difference between strategic and operational plans," you're not alone. Strategic business plans usually set long-term, big-picture goals for a company, ...

Opinions expressed by Entrepreneur contributors are their own. Investors and other plan readers pay careful attention to the part of your plan describing your operations. Most entrepreneurs are highly ...

Operational success is the backbone of any thriving organization, and I believe the key to achieving it lies in effective annual planning. It's crucial to reflect on the past and strategize for the ...

The next step in creating your business plan is to develop an Operations Plan that will serve your customers, keep your operating costs in line, and ensure profitability. Your ops plan should detail ...

Opinions expressed by Entrepreneur contributors are their own. Companies that make things have certain characteristics that set them apart from others, including retailers and service firms. They take ...