There are six types of business plans:
1. Start-up – details the steps to start a new business.
2. Internal - targets an audience within the business
3. Strategic - details company’s goals and how to achieve them, lays out a foundational plan for the company
4. Feasibility - describes the need for the product or service, makes recommendations
5. Operations - are internal plans that consist of elements related to company operations
6. Growth plans.- are expansion plans written for internal or external purposes
If a plan sets long-term goals for an organization it is strategic planning.
