Transformation of Business Plan into Action Plan

• Business plan: a formal written document describing the goals of a business and the methods of how to achieve those goals
• Action plan: a checklist of the steps or tasks you need to complete to achieve the goals you have set
• Gantt chart: a bar chart that provides a visual timeline of how the tasks are scheduled
• Timelines: a sequence of related events arranged in chronological order and displayed among a line to keep track of the activities
• Work breakdown structure (WBS): divides the business plan into smaller project stages and shows exactly what must be done