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Operational Plan: Mistakes to Avoid

Here are some of the most common mistakes found in the operational section of business plans:
  • Failing to clearly outline the process by which you manufacture, distribute and sell your product or service.
  • Failing to account for all production costs (direct and indirect).
  • Failing to assess the manufacturing process in terms of manufacturing costs, taxes, shipping, installation, maintenance, serviceability, etc.
  • Failing to develop adequate inventory control and quality assurance guidelines.
  • Failing to identify all machinery and equipment needed.
  • Failing to properly plan the layout of the plant, the workflow process, and the material handling procedures.
  • Failing to properly outline personnel management, scheduling, and hiring practices.
  • Failing to properly plan for contingencies to meet production and staffing challenges.
  • Failing to plan for long-term facility and equipment changes.
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