The Problem of Redundancy in Business Plan Documents

Perhaps the most important document a business needs to have in its arsenal is a business plan. If any one piece of paper can be enough for an investor, it’s this one. But what if you don’t know where to start? The timeline and funding section are always vague, so how do you make it more specific? That’s when people begin to put their own spin on things which leads to redundancy and contradictions.,

The “downsizing plan template” is a document that helps business owners to create a plan for downsizing their company. The document includes information about how to reduce costs, what the process will be like, and all of the steps involved in the process.

I’m back in the thick of my business plan marathon season. This occurs every April when I examine company proposals for my Oregon angel investing group and for business plan contests hosted by the University of Oregon, Rice University, University of Texas, and University of Notre Dame this month.

First and foremost, I want to make it clear that these business plan papers are not to be confused with the “real” business plans that I suggest for every company. Real business plans are just large enough to run the firm; they are seldom printed, and they are often reviewed and updated. Formal business plans, on the other hand, are papers. They provide an investor — or a judge in a business plan competition — a description of a company. They’re intended to be read.

And the majority of these papers contain built-in redundancy. The executive summary starts with the most important paragraphs. Then there’s the description of the business. In the product description, as well. And then there’s the strategy.

This is an issue for which I have no solution. Because of the nature of this kind of specialty-use business plan document, it is assumed that some individuals will just read the summary. As a result, the summary must include the most important information. Some individuals, like myself, may hop around searching for particular information. As a result, the essential points are also included.

These formal company blueprints are something I like reading. But, god, I wish they didn’t repeat themselves so often.

The “downsizing strategy example” is a business plan document that outlines how to position the company for success. The document includes many redundancies in order to make it easy to understand.

Related Tags

  • steps in downsizing employees in an organization
  • impact of downsizing in an organisation
  • impact of layoffs on employees of the organization
  • downsizing and layoff strategies
  • staff reduction strategies