Business plan operations and development plan

Black Pearl is a full—service firm that owns heavy equipment, and offers "in—house" groundbreaking, infrastructure, concrete, framing and final construction services. Black Pearl has a dedicated and experienced foreman, a valuable core of management, and an excellent reputation in the community. Black Pearl will purchase and develop 2, acres of land in West Texas. We will develop this land into a restricted covenant sub—division containing lots.

Business plan operations and development plan

Overview[ edit ] Business operations encompass three fundamental management imperatives that collectively aim to maximize value harvested from business assets this has often been referred to as "sweating the assets": Increase the value of the business assets Secure the income and value of the business The three imperatives are interdependent.

The following basic tenets illustrate this interdependency: The more recurring income an asset generates, the more valuable it becomes. For example, the products that sell at the highest volumes and prices are usually considered to be the most valuable products in a business's product portfolio.

The more valuable a product becomes the more recurring income it generates. For example, a luxury car can be leased out at a higher rate than a normal car. The intrinsic value and income-generating potential of an asset cannot be realized without a way to secure it.

For example, petroleum deposits are worthless unless processes and equipment are developed and employed to extract, refine, and distribute it profitably.

business plan operations and development plan

The business model of a business describes the means by which the three management imperatives are achieved. In this sense, business operations is the execution of the business model.

Business operations topics[ edit ] Generating recurring income[ edit ] This is the most straightforward and well-understood management imperative of business operations.

The primary goal of this imperative is to implement a sustained delivery of goods and services to the business's customers at a cost that is less than the funds acquired in exchange for said goods and also self employee services—in short, making a profit.

Business operations - Wikipedia

The funds directly acquired by the business in exchange for the goods and services it delivers is the business's revenue. The cost of developing, producing, and delivering these goods and services is the business's expenses. A business whose revenues are sufficiently greater than its expenses makes profit or income.

Such a business is profitable. As such, generating recurring "revenue" is not the focus of operations management; what counts is management of the relationship between the cost of goods sold and the revenue derived from their sale.

Efficient processes that reduce costs even while prices remain the same expand the gap between revenue and expenses and derive higher profitability. Multiple revenue streams - different sources of business income that support each other; example - sell printers and toners.

A business's profitability is measured on the basis of how much income it generates for the: Methods of increasing value[ edit ] Growth strategies Expand market: Develop through research, design and marketing of companies name, logo and tagline.

Maintaining intangible assets can protect elements that add value to a business - patentingcopyrighting or trademarking anything believed to be an intangible asset. Securing the income and value of the business[ edit ] Desirability or demand for its goods and services Ability of its customers to pay for its goods and services Uniqueness and competitiveness of its business model Control exerted over the quality and efficiency of production activities Public regard for the business as a member of the community A business that can harvest a significant amount of value from its assets but cannot demonstrate an ability to sustain this effort cannot be considered a viable business.Your business plan is often the difference between a business that thrives and one that doesn't.

As frustrating as that might sound, it's true. Create outlines for separate operations and development sections for your retail business plan. Under operations, divide your contents by typical business functions such as accounting, administration, marketing, legal, human resources and technology.

The operations and management plan is designed to describe just how the business functions on a continuing basis. The operations plan will highlight the logistics of the organization such as the.

Curbside Valet; Terminal 1 Parking Lot; Terminal 2 Parking Plaza; Terminal 2 Parking Lot; Long Term Lot; Economy Lot; Parking Reservations; Parking FAQ; Cell Phone Lot.

Operations

Writing an operational plan begins with listing the long-term goals that the company wants to meet. The goals indicated here constitute the top management's vision for the firm.

The second step is making a list of the steps the company has to take to achieve the set goals, possible impediments to achieving the goals and how to counter the barriers. Get help with writing a business plan or choosing a franchise.

Talk to a Consultant. Name.

See if franchising is right for you.

Email Address. Phone. Services of Interest Services of Interest Business Plan Writing Find a Franchise Digital Marketing Help Other Business or Marketing Related. Message.

business plan operations and development plan
How to Write an Operations and Development Plan for a Small Retail Business | Bizfluent