business plan

Definition

A document prepared by a company's management, detailing the past, present, and future of the company, usually designed to attract capital investment.

Use business plan in a sentence

The business plan had been accepted by the new team member so we proceeded by using all of our resources.

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The entrepreneurs schemed with their investors to develop a fool proof business plan to take over the market for consumer electronics.

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Elliott asked his team to put together a new business plan for the fiscal year but was disappointed to find it short of ideas and rife with ill defined buzzwords and "business speak".

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