The paper 'The Functional Areas of a Business Plan' is a great example of a Business Case Study. A business plan is a document that comprises various diverse business goals that are closely interrelated to ensure that the operation of the business is improved. A business plan might also be compiled with extra information that might be about the organization being analyzed. Most of the businesses usually use the business plan to change the entire management and processes of the organization. The branding and the manner in which the final commodities are presented to the customers can be altered by the use of the business plan (Abrams 1993, p.
123). A business plan is mostly used in an organization when change is greatly needed. The durations in which the business plan should be enacted usually range from three years to five years. This is because the process of implementing the business plan should be gradual to enable the customers to cope up with the changes (Covello & Brian 1993, p. 102). The manner in which the business plan is compiled is greatly determined by the major function that the plan should be executed.
The business plan is also used in various organizations to improve the productivity of the firm. An organization might have been functioning in a proper manner but it collapses because of various aspects. The poor coordination of the employers and workers might be some of the key reasons for the failure of the organization. Through the use of a unique business plan, the company can rejuvenate and gain back its power. However, this is usually determined by the management of the company.
The management should ensure that all the members of the organization are comfortable. The employee’ s conformability and work performance in an organization can be affected by poor coordination and both internal and external conflict. The major aspect to be included in the business plan should be determined by the analyst (Mckeever 2010, p. 165). The analyst should be in a position of analyzing the firm and identify the problem affecting the organization. This will ensure that when constructing the business plane, it will be capable of solving numerous problems that are displayed in the analysis obtained. The Business Opportunity The business opportunity usually involves the lease of a product to the customer and gives the businessman the opportunity of being in a position to begin the business.
Business opportunity usually requires the response of the customers and the seller (Pinson 2007, p. 131). The seller in this case is supposed to handle the customers in a proper manner. This is very vital since the impression of the seller to the customers usually means a lot. The first customers to be served in the business usually have an impact on the manner in which the business will function. The seller should always use the business opportunity at hand to be capable of acquiring new customers.
The business opportunity also gives the seller a chance to get exposed to the real world. A good business person should always use the slightest opportunity at hand to come up with the best solution (Young 2007, p. 106). It is very possible for a small business to develop into a big business by using the available business opportunity.
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