The purpose of this business planning policy is to develop a structured approach to business planning and state the categories to be addressed in a company's business plan. This document lists general information, procedures, applicable documents, components and data regarding business planning.
All products, projects and activities, which are critical to the financial health of the company, must be included in this business plan. This business planning procedure encompasses the yearly annual operating plan procedures that result in a revenue and expenditure budget for the division. Organizations should continuously update and monitor this policy to ensure that it fits business needs.