Last answered:

07 Dec 2021

Posted on:

07 Dec 2021

0

Business plan detailing - Annual, long range

Which plan among annual business plan and long-range plan is much detailing required?

1 answers ( 0 marked as helpful)
Posted on:

07 Dec 2021

0

The Annual Business Plan (ABP) is the one which requires much more detailing. While the long range plan is a broader prediction of how the business will grow over the next 3-5 years, the ABP gets into the detail of comparing monthly performance with targets set in the budget and the long-term plan.

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