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Articles about creating business plans tend to focus on plans for new businesses. However, while most new businesses require business plans, existing companies may require them as well. Sometimes this is to seek additional funding for an expansion of the business or to take advantage of an opportunity. Sometimes these are internal business plans used to focus the management and staff of the company on the same goal and to better inform everyone not only about what the company is, but about what it wants to be.
Similarities Between Business Plans For New and Existing Businesses
Both types of business plans should cover the customers the company will target and the competitors it faces. Both should detail the marketing and operations plans for the business. Both should delve into the financial targets for the business, on both the revenue and cost sides. This information presents either funders or employees with a clear idea of what the business intends to do.
Differences Between Plans For Existing and New Businesses
Whenever a plan must be presented to external funders for consideration it must be a formal document, carefully formatted and proofread thoroughly. However, for existing businesses preparing a business plan for internal use only, the level of formality can be relaxed a bit. While the format and order of a business plan should serve an internal or external plan well, there is not a requirement for an internal plan to stick to this structure.
Furthermore, a business plan for an existing business should include actual financial statements along with pro forma statements. This allows for pro forma statements to be based both on plans for future activities as well as reasonable extrapolations from past performance. New businesses have no financial records to pull from and can only take educated guesses based on the market they are entering.
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25 x 1 1/2″ WOODEN KNOBS | BULK LOT CABINET DRAWER HARDWARE PULLS HANDLES CRAFT $12.95 |
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300 WOODEN 1 1/2″ KNOBS LOT | CABINET HARDWARE PULLS | BULK FURNITURE SUPPLIES $39.95 |
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VINTAGE JORGENSEN WOODWORKING ADJUSTABLE WOOD CLAMP $9.99 |
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Wire Brads, 1 Lb 18 Gauge 5/8″ Nails, Woodwork, Crafts $5.99 |
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Hard Maple Lumber Thick 5/4- Flat Sawed Board Clear Face Side $7.00 |
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Hard Maple Lumber, Long, Rift Sawed Board, Clear, White Wood, Top Quality $9.50 |
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Mahogany Lumber Thick 5/4 + Flat Sawed Board Clear Straight Grained $7.25 |
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Red Oak Lumber Inclusions Quarter Rift Sawed Rays Beautiful $9.75 |
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Red Oak Lumber, Instant Antique, Quarter/Rift Sawed Board, Rays End to End $9.25 |
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Red Oak Lumber, Quarter Sawed Board, Flakes End to End, Absolutely Beautiful $7.75 |
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Walnut Lumber, Rustic, Rift/Quarter Rough Sawed Board, Holes, Knots, Inclusions $7.75 |
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White Oak Lumber Rift Sawed Board Clear (Select) Straight Grained Premium $9.75 |
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White Oak Lumber Thick 6/4- Quarter Sawed Board Flakes Premium $9.00 |
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White Oak Lumber, Rift Sawed Board, Straight Grained, Medium Sand Color, Premium $9.00 |
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Shelf Board, Project Wood, Thick Pine, Light Color $7.21 |
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Table Top, Oval Shape, Unfinished Frame $20.00 |
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PSI Woodworking D50C 4-Inch by 50-Feet Clear Flexible Dust Collection Hose $7.17 |
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12 PC SET,CAST IRON,LONGHORN,DRAWER PULLS,WOODWORKING,FURNITURE REFINISHING $19.98 |
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Rail Cap, Soft Maple, Curved, Clear, Straight Grained $9.25 |
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1000 1/2″ , 3/4″ OR 1″ PAN HEAD WASHER POCKET SCREWS~WOODWORKING $9.99 |
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Brainerd 9715 Solid Brass Broad Hinges (Furniture/Cabinets/Crafts/Woodwork) $6.75 |
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Stanley 74-4200 Satin Brass Finish Cabinet Hinges (Furniture/Crafts/Woodwork) $6.25 |
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Brainerd 18XC Solid Brass Hinges (Furniture/Crafts/Cabinets/Woodwork) $7.50 |
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National V485 Cabinet Hinges 1-1/4 Nickel Finish (Furniture/Crafts/Woodwork) $6.50 |
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Stanley 72-4900 Ornamental 2 Cabinet Hinges (Furniture/Crafts/Woodwork) $6.75 |
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Brainerd Solid Brass 2 Cabinet Hinges (Furniture/Crafts/Woodwork) $7.25 |
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Stanley 72-2800 Ornamental Cabinet Hinges (Furniture/Crafts/Woodwork) $6.75 |
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FLAT HEAD WOOD SCREWS~FURNITURE HARDWARE~WOODWORKING $8.50 |
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Cherry Lumber, Thick 6/4-, Quarter Sawed Board, Straight Grained, Top Quality $7.75 |
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Hard Maple Lumber, Flat Sawed Board, Clear, Medium Textured, Beautiful $7.75 |
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Hard Maple Lumber, Flat Sawed Board, Clear, Straight Even Grained, Top Quality $9.00 |
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Hard Maple Lumber, Flat Sawed Board, Clear, Straight Grained, Beautiful $8.50 |
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Hard Maple Lumber, Thick 6/4, Clear, Rift Sawed Board, Excellent Quality $8.75 |
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Red Oak Lumber, Flat Sawed Board, Top Quality, Premium Pennsylvania Appalachian $9.75 |
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Red Oak Lumber, Instant Antique, Quarter Sawed Board, Flakes, Beautiful $7.25 |
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Walnut Lumber, Square Stock Board, Turning Wood, Clear, Straight Even Grained $9.75 |
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White Oak Lumber, Premium Flat Sawed Board, Clear, Straight Grained, Top Quality $7.50 |
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White Oak Lumber, Thick 5/4+, Quarter Sawed Board, Nicely Flaked, Excellent $8.00 |
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Drawer End, Pack of 10, 7/16″ Thick $12.50 |
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Drawer Divider, End, Side, Solid Maple, Pack of 10 $12.50 |
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Cabinet Door, Maple, Arched Top, Maple Construction $14.00 |
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Craftsman Building/Woodworking Plans 125 Blueprints-New $0.99 |
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SALE 40 Threaded Woodworking Zinc 1/4-20 Inserts,Crafts $5.85 |
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12 pcs Brass Plated Cup Hook-9/16 hole, 1-3/8 long $4.99 |
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Prefinished Antique Reclaimed Oak Flooring – Distressed Grade $12.95 |
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lot of 14 or 16 vintage oak 2×6 lumber approx 12 to 16 foot long $50.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $8.50 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $8.50 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $8.50 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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NIBSBURNER PYROGRAPHY TIPS — BEAUTIFY YOUR WORLD! $7.00 |
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brass handel pulls knobs metal furniture woodwork 1303 $4.95 |
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Handel pulls knobs metal furniture woodwork 497X $4.95 |
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Vintage 1952 Deltagram Nov/Dec Woodworking Delta Power Tool Rockwell Manuf.Co $9.99 |
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Poplar Lumber, Tulip, Thick 8/4-, Flat Sawed Board, Clear, Straight Grained $3.93 |
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Sycamore Lumber, Thick 5/4+ Board, Quarter/Rift Sawed, Rays, Clear, Beautiful $4.23 |
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Vintage July/August 1952 Deltagram Woodworking booklet, Delta Power Tool $9.99 |
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Vintage Sept/Oct 1952 Deltagram, Delta Power Tool Division, Rockwell woodworking $9.99 |
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Vintage Deltagram Woodworking Booklet March/April 1952 Rockwell Delta Powertools $9.99 |
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Vintage Deltagram 1952 Jan/Feb Woodworking Rockwell Manufacturing Milwaukee $9.99 |
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Vintage 1953 Deltagram Woodworking booklet Jan/Feb issue Volume 22 Pittsburgh PA $9.99 |
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Desk furniture Grommets, Qty 75, bulk, white, tan, black; woodworking $75.00 |
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Children’s Boat with Trundle Bed Woodworking Plans $19.95 |
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CONTOUR GAGE 6” GENERAL TOOL DESIGN GUAGE WOODWORKING $9.65 |
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Hard Maple Lumber Thick 5/4 Flat Sawed Board Clear Straight Grained Premium $7.25 |
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Mahogany Lumber Thick 8/4- Quarter Sawed Board Rays Clear Super Good One $9.75 |
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Red Pine Lumber Rustic Quarter Sawed Board Soft Textured Beautiful $9.50 |
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Red Oak Lumber Super Wide Board Flat Sawed Light Curl Clear Excellent $9.50 |
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Alder Lumber Thick 8/4- Flat Sawed Board Clear Straight Grain Superior Grade $4.00 |
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Walnut Lumber Thick 8/4- Quarter Rift Sawed Board Clear Rich Color Premium $5.00 |
