About Brian Thompson Expertise I am able to answer questions on the full spectrum in preparation of Business Plans. I have 30 years experience in senior management of public and private organisations and specific experience in strategic and busienss planning, corporate treasury and management accounting.
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Experience I provide a strategic and business planning service through my consultancy, Paraclete Consultancies focusing on SME.
Chris Blackman/ ASVP Group wrote at 2009-06-12 05:00:44
The difference between a strategic plan and a business plan is one of life's enigmas. To talk about the difference between them presupposes that either type of plan is precisely defined - when they are not.
In short - a strategic plan must contain whatever you need it to contain. For whatever purpose you need at the time. And as it name suggests, it must spell out the strategy of the organisation, company, Non-Profit ow whatever type of entity it is describing.
The business plan is written to explain and forecast how you will execute the strategy for all or part of an organisation. It relies upon the earlier explanation of the strategy, and demonstrates how the business and operational initiatives it contains will support the strategy.
In some - many - cases, the strategic and business plans can be combined. This is particularly true when dealing with startups, or new ventures subordinate to another (perhaps larger) organisation.
