![](https://smartbms.ca/wp-content/uploads/2023/02/pillar1-2.0.png)
Pillar 1 – Strategic Planning and Management
Business Planning
Strategic plans drive the long-term direction of the entire business.
Once completed, the strategic plan is used to develop a much more detailed 3 to 4-year business plan. The business plan, in turn, is used to develop an annual operating plan which has a 12-month (1 year) horizon. Projects are developed within a fiscal year, and they contribute to components of the annual operating plan, and utilize the corporation’s resources – people, processes, and tools.
This process is represented in the adjacent diagram.
![](https://smartbms.ca/wp-content/uploads/2023/02/BPM-Triangle-BP.png)
Download our Business Plan Template
Get started on your business today!
Download the Business Development Bank (BDC) Business Plan Template
The Business Development Bank (BDC) of Canada offers business planning support.
Download the Business Development Bank (BDC) Business Plan Template
The Business Development Bank (BDC) of Canada offers business planning support.
Click here to download
Download our Simple Financial Modelling Tool
Get organized and forecast your revenue today!
Download our Simple Financial Modelling Tool
Get organized and forecast your revenue today!
Click here to download
So why not unlock the potential of your business by contacting MasterKey today.
- 204.918.0884
- m.grant@master-key.ca