How is a Strategic Plan different from a Business Plan?

A Strategic Plan is primarily used for implementing and managing the strategic direction of an existing organization. It often revisits mission, vision, and value statements. A Business Plan is used to start a business, obtain funding, or direct operations. The two plans often cover different time frames as well.

Texas Heritage Trails LLC Business Plan

This award-winning program from the Lone Star State recognized the need to set a course for fiscal sustainability and independence. Eight members of the state heritage trail program joined together to form a limited liability corporation (LLC) and began identifying potential products and programs to generate revenue for trails’ development, marketing, and management. Hargrove led […]