This article describes the role of a business plan in daily operations of a company. Several different authors from the entrepreneurship field have already stressed the importance of a business plan as a basic tool for an entrepreneur at the beginning of a new venture. There are various definitions of a business plan contents in the entrepreneurship professional literature. However, there is no feedback from the most dynamic part of Slovenian economy on the use of business plans in day-to-day business. That is why we have decided to empirically check some theoretical basics in the practice. We have also found out way in which fast growing Slovenian companies use business plans in new ventures planning. As it turned out we can truly determine a business plan as the basic enterprise/entrepreneur’s tool.
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Article provided by University of Primorska, Faculty of Management Koper in its journal Management.