Business planning is a critical development tool for all organizations regardless of size, industry or life cycle. Business planning is a tool to help organizations choose the best course of action based on research, business experience and forecasted market trends. This workshop is designed to provide agency financial managers with the knowledge and tools to develop and implement an effective business plan to serve as a roadmap for all of its business initiatives.

Objectives

Describe the benefits of using effective business run practices.
Describe the business plan in process.
Identify the four major components of the business plan.