Manage Company A business plan conveys the organizational structure of your business, including titles of directors or officers and their individual duties.
It also acts as a management tool that can be referred to regularly to ensure the business is on course with meeting goals, sales targets or operational milestones. Business plans can be shared with the executive candidates or desired partners to help convince them of the potential for the business, and persuade them to join the team.
Unless the work is considered a business classic, avoid sources over 10 years old. Each style you choose will require that you list the author, title, copyright date, publisher and city, issue number, volume, page number and URL if applicable, so be sure to keep track of this information during your research.
Clarifying the purpose and direction of your business allows you to understand what needs to be done for forward movement. Place citations in the bibliography section of your business plan and be sure to format them consistently. Future Vision Businesses evolve and adapt over time, and factoring future growth and direction into the business plan can be an effective way to plan for changes in the market, growing or slowing trends, and new innovations or directions to take as the company grows.
Attract Financing The Small Business Administration states, "The development of a comprehensive business plan shows whether or not a business has the potential to make a profit. Clarify Direction The primary purpose of a business plan is to define what the business is or what it intends to be over time.
How to Cite Sources in a Business Plan by Evangeline Marzec - Updated September 26, A business plan must be grounded in solid research that is verifiable by the lenders and investors who will read it.
Originally specializing in business, technology, environment and health topics, Burns now focuses on home, garden and hobby interest articles. Her garden work has appeared on GardenGuides. Pick an academic citation style appropriate to your business.
For example, a book in MLA style would be cited as bibliography for business plan The future of brain-controlled devices. Select reputable sources for your research. She enjoys practicing Permaculture in her home garden near Tucson, Ariz.
Cite a website following APA style, as follows: Citing your sources is critical to establishing your credibility and for remembering how you arrived at the conclusions and figures you present in your plan.
APA style tends to be preferred for technical and scientific presentations, MLA for less technical subjects and various specific legal citation styles for law or government practices. A plan is also an essential communications tool for attracting financing for your business as well as managers and staff as your business grows.
Websites you use should end in. A Financial History of the World. Include summaries of the raw data of your research. Whenever possible, use government agencies, universities, authoritative books and articles, and primary sources such as interviews with experts or direct research of your customers.
A well-designed plan lays out a vision of growth and the steps needed to get there. The Ascent of Money:ENT Business Plans Bibliography These Books Are Available in the RIT Library which is open to the general public.
Books do not circulate for the general public but can be used in the library. Business Plan Research: Citation Sources The University Library owns a variety of print and electronic resources to use when researching your topics.
The sources listed below are a few core tools to help you begin your research process. Jun 27, · A business plan is an important tool for managing and growing your business.
A well-designed plan lays out a vision of growth and the steps needed to get there. A plan is also an essential. Bishoff, Liz, and Nancy Allen.
Business Planning for Cultural Heritage Institutions (Washington, D.C.: Council on Library and Information Resources), Sant, Tom. Persuasive Business Proposals: Writing to Win More Customers, Clients, and killarney10mile.com York: Amacon, American Management Association, Choose a Style.
There are many options available when deciding how to cite sources in a business plan. The three most common academic citation .Download