What are the types of business plans?

Answer 1

There are different business plans for different purposes. I am going to assume you're asking about the more common 'start-up' business plan. This is a business plan someone creates so they can get approval to start a business from banks, city councils, investors etc.

There are other types of business plans as well:

• Internal Business Plans - an existing business can write a plan to improve performance, cut costs, expand services, etc.
• Strategic Business Plans - A business can create a strategic business plan to layout the timeline for rolling out different products or services to attract new business.
• Feasibility Plan - A feasibility plan is used so a company or potential company can think through the business process to see if an idea or product has the ability to turn a profit. Sometimes a solid feasibility plan will keep you from making major business mistakes.

If you're looking for more information about a 'start-up' business plan or want to look at some samples and templates visit ecommercebusinessplan.net.