In our 2012 3-Year Business Plan, we posted the long-term vision of “Aiming to be a World Leader in the Non-Ferrous Metals Industry and an Excellent Company of Japan”, and promoted growth strategy toward achievement of this vision.
In the 18 3-Yr Plan, we are continuing to promote growth strategy to accomplish our long-term vision, however, we have made it simpler by rephrasing it as “Becoming a World Leader in the Non-Ferrous Metals Industry,” in the belief that “an excellent company of Japan” is included in the definition of “World Leader in the Non-Ferrous Metals Industry.” To achieve it, we set our targets as follows: [Nickel] annual production of 150,000 tons, [Copper] annual production interests of 300,000 tons, [Gold] new participation in mine operations through the acquisition of superior interests, [Materials business] achievement of annual profit before tax of 25 billion yen through portfolio management, [Profit] annual net income 150.0 billion yen.
If you are a freelance writer who has a copywriting business that makes a little extra cash on the side, then you can probably skip that whole business-plan-writing debacle without suffering too much damage.
However, if you intend to start up a corporation that may someday go international, employ hundreds of people, and get financial backing from the World Bank (or someone as financially strict), then you absolutely need a business plan.
The rest only need to start simple and grow it organically as the venture progresses.
Not every business needs to have a business plan, although, it is recommended that every business has a roadmap to guide its progression.Bumps in the road are inevitable with any new business venture: things will not always go smoothly.Some endeavors will fail, tasks may need repeating, and priorities may need reorganizing.Together, they cited information from 12 references.wiki How's Content Management Team carefully monitors the work from our editorial staff to ensure that each article meets our high How marks an article as reader-approved once it receives enough positive feedback.We are aiming at increasing our corporate value by promoting three-business (Mineral Resources, Smelting & Refining, Materials) collaboration.This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.The problem often comes when people start thinking of a business plan as a long, boring, academic-type document that can only be written and used by Ivy League graduates who truly understand corporate mumbo-jumbo.Yes, technically, a traditional business plan has a strict set of rules and a template to follow. They change with time as you get to learn the market, your own business, and indeed, your very self.A basic business plan will help guide you in thinking through the feasibility of an idea, and it is tailored to reflect your purpose for writing the plan and tailored to the audience who will be reading the plan.If you are looking to start a business, or expand an existing business, you can begin with a basic business plan that will start to sharpen your focus and get you off and running.