Business Plan Contest: Transform your day dream into your dream job
  Your Location > Resources > Business Plan Guidelines > Operating Plan

Operating Plan

The Operating Plan provides a description of your business's physical location, facilities and equipment, kinds of employees needed, inventory requirements and suppliers, and any other applicable operating details, such as a description of the manufacturing process.  The following details can be included in your Operations Plan:

General: Do an outline of your business' day to day operations, such as the hours of operation, and the days the business will be open. If the business is seasonal, be sure to say so.  Also include the licences, permits and business insurance required as well as type of regulatory issues including potential environmental impacts.

Physical Location:  What type of premises will be business be operating in and the size and location? If applicable, include drawings of the building, copies of lease agreements, appraisal of the land or buildings required for your business operations.

Equipment: Besides describing the equipment necessary and how much of it you need, you need to include its worth and cost, and explain any financial arrangements.

Assets: Make a list of your assets, such as land, buildings, inventory, furniture, equipment and vehicles. Include legal descriptions and the worth of each asset.

Production: Explain where you are going to get the materials to produce your product or service and explain the terms you have negotiated with suppliers.  Determine how long it will take to produce a unit, and when you will be able to start producing your product or service. Include factors that may affect the time frame of production and how you'll deal with potential problems such as rush orders. Give details of product cost estimates.

Inventory: Explain how you'll keep track of inventory.

Personnel: List the number of staff required including subcontractors, qualifications, labour availability, wages, and benefits, training, personnel policies and workers compensation issues.

Download Business Plan Format Checklist (PDF,167KB) 

Sponsors
Business Plan Contest: Transform your day dream into your dream job

Legal Terms & Conditions | eNewsletter | Sitemap | Contact Us

Business Plan Contest: Transform your day dream into your dream job
Channel M :: Multivision Television Royal Bank Small Business Banking and Financial Services Worksafe BC CGA BC Small Business BC BC Business Get Connected TV Webnames Make it Business Simply Legal BC Chamber of Commerce Oyen Green Wiggs & Mutala ARC Print Women's Enterprise Community Futures Business Development Bank of Canada Grand & Toy Economic Development Association of British Columbia Canadian Youth Business Foundation Surrey Board of Trade eBusiness Connection Retail BC