The business plan
Example: Business plan outlines strategy
Definition
"The business plan" is a detailed document that outlines a company's strategy, goals, and the steps necessary to achieve them. It typically includes market analysis, financial projections, and operational plans to guide business growth and attract investors.
Etymology
The phrase "the business plan" combines 'business,' which comes from Old English 'bisignis' meaning 'anxiety or occupation,' and 'plan,' derived from the French 'plan' meaning 'a drawing or map.' Together, they describe a mapped-out strategy for business success.
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"The business plan" appears in the Vocaplus list "English - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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