• Miniplan: A brief and concise business plan that covers the essential elements of the venture. It is usually one or two pages long and can be used to quickly communicate the main idea and value proposition of the business. It is also useful for testing the feasibility and viability of the business before investing more time and resources in developing a full-fledged plan. A miniplan is preferred by many recipients because they can read it or download it quickly to read later on their device.
  • Presentation plan: A business plan that is designed to be presented to potential investors, partners, customers, or other stakeholders. It is usually a PowerPoint presentation or a similar format that showcases the key aspects of the business in a clear and attractive way. It should capture the attention and interest of the audience and persuade them to take action. A presentation plan should be concise, but not too brief, and include relevant data, graphics, and testimonials to support the claims.
  • Working plan: A business plan that is used to guide the daily operations and management of the business. It is a detailed and comprehensive document that covers all the aspects of the business, such as the mission, vision, goals, strategies, tactics, market analysis, financial projections, risks, and contingencies. It is mainly for internal use and may not need to follow a formal structure or style. A working plan should be updated regularly to reflect the changes and progress of the business.
  • What-if plan: A business plan that explores different scenarios and outcomes for the business based on various assumptions and variables. It is a tool for planning ahead and preparing for possible challenges and opportunities. It can help the business owner to identify the best course of action, as well as alternative options, in case of unexpected events or changes in the market. A what-if plan can also be used to test the sensitivity and robustness of the business model and strategy.