planning in business essay

Table of Contents

What is a business plan, the advantages of having a business plan, the types of business plans, the key elements of a business plan, best business plan software, common challenges of writing a business plan, become an expert business planner, business planning: it’s importance, types and key elements.

Every year, thousands of new businesses see the light of the day. One look at the  World Bank's Entrepreneurship Survey and database  shows the mind-boggling rate of new business registrations. However, sadly, only a tiny percentage of them have a chance of survival.   

According to the Bureau of Labor Statistics, about 20% of small businesses fail in their first year, about 50% in their fifth year.

Research from the University of Tennessee found that 44% of businesses fail within the first three years. Among those that operate within specific sectors, like information (which includes most tech firms), 63% shut shop within three years.

Several  other statistics  expose the abysmal rates of business failure. But why are so many businesses bound to fail? Most studies mention "lack of business planning" as one of the reasons.

This isn’t surprising at all. 

Running a business without a plan is like riding a motorcycle up a craggy cliff blindfolded. Yet, way too many firms ( a whopping 67%)  don't have a formal business plan in place. 

It doesn't matter if you're a startup with a great idea or a business with an excellent product. You can only go so far without a roadmap — a business plan. Only, a business plan is so much more than just a roadmap. A solid plan allows a business to weather market challenges and pivot quickly in the face of crisis, like the one global businesses are struggling with right now, in the post-pandemic world.  

But before you can go ahead and develop a great business plan, you need to know the basics. In this article, we'll discuss the fundamentals of business planning to help you plan effectively for 2021.  

Now before we begin with the details of business planning, let us understand what it is.

No two businesses have an identical business plan, even if they operate within the same industry. So one business plan can look entirely different from another one. Still, for the sake of simplicity, a business plan can be defined as a guide for a company to operate and achieve its goals.  

More specifically, it's a document in writing that outlines the goals, objectives, and purpose of a business while laying out the blueprint for its day-to-day operations and key functions such as marketing, finance, and expansion.

A good business plan can be a game-changer for startups that are looking to raise funds to grow and scale. It convinces prospective investors that the venture will be profitable and provides a realistic outlook on how much profit is on the cards and by when it will be attained. 

However, it's not only new businesses that greatly benefit from a business plan. Well-established companies and large conglomerates also need to tweak their business plans to adapt to new business environments and unpredictable market changes. 

Before getting into learning more about business planning, let us learn the advantages of having one.

Since a detailed business plan offers a birds-eye view of the entire framework of an establishment, it has several benefits that make it an important part of any organization. Here are few ways a business plan can offer significant competitive edge.

• Sets objectives and benchmarks: Proper planning helps a business set realistic objectives and assign stipulated time for those goals to be met. This results in long-term profitability. It also lets a company set benchmarks and Key Performance Indicators (KPIs) necessary to reach its goals. 
• Maximizes resource allocation: A good business plan helps to effectively organize and allocate the company’s resources. It provides an understanding of the result of actions, such as, opening new offices, recruiting fresh staff, change in production, and so on. It also helps the business estimate the financial impact of such actions.
• Enhances viability: A plan greatly contributes towards turning concepts into reality. Though business plans vary from company to company, the blueprints of successful companies often serve as an excellent guide for nascent-stage start-ups and new entrepreneurs. It also helps existing firms to market, advertise, and promote new products and services into the market.
• Aids in decision making: Running a business involves a lot of decision making: where to pitch, where to locate, what to sell, what to charge — the list goes on. A well thought-out business plan provides an organization the ability to anticipate the curveballs that the future could throw at them. It allows them to come up with answers and solutions to these issues well in advance.
• Fix past mistakes: When businesses create plans keeping in mind the flaws and failures of the past and what worked for them and what didn’t, it can help them save time, money, and resources. Such plans that reflects the lessons learnt from the past offers businesses an opportunity to avoid future pitfalls.
• Attracts investors: A business plan gives investors an in-depth idea about the objectives, structure, and validity of a firm. It helps to secure their confidence and encourages them to invest. 

Now let's look at the various types involved in business planning.

Become a Business and Leadership Professional

• Top 10 skills in demand Business Analysis As A Skill In 2020
• 14% Growth in Jobs Of Business Analysis Profile By 2028

Business Analyst

• Industry-recognized certifications from IBM and Simplilearn
• Masterclasses from IBM experts

Post Graduate Program in Business Analysis

• Certificate from Simplilearn in collaboration with Purdue University
• Become eligible to be part of the Purdue University Alumni Association

Here's what learners are saying regarding our programs:

Assistant Consultant at Tata Consultancy Services , Tata Consultancy Services

My experience with Simplilearn has been great till now. They have good materials to start with, and a wide range of courses. I have signed up for two courses with Simplilearn over the past 6 months, Data Scientist and Agile and Scrum. My experience with both is good. One unique feature I liked about Simplilearn is that they give pre-requisites that you should complete, before a live class, so that you go there fully prepared. Secondly, there support staff is superb. I believe there are two teams, to cater to the Indian and US time zones. Simplilearn gives you the most methodical and easy way to up-skill yourself. Also, when you compare the data analytics courses across the market that offer web-based tutorials, Simplilearn, scores over the rest in my opinion. Great job, Simplilearn!

I was keenly looking for a change in my domain from business consultancy to IT(Business Analytics). This Post Graduate Program in Business Analysis course helped me achieve the same. I am proficient in business analysis now and am looking for job profiles that suit my skill set.

Business plans are formulated according to the needs of a business. It can be a simple one-page document or an elaborate 40-page affair, or anything in between. While there’s no rule set in stone as to what exactly a business plan can or can’t contain, there are a few common types of business plan that nearly all businesses in existence use.  

Here’s an overview of a few fundamental types of business plans. 

• Start-up plan: As the name suggests, this is a documentation of the plans, structure, and objections of a new business establishments. It describes the products and services that are to be produced by the firm, the staff management, and market analysis of their production. Often, a detailed finance spreadsheet is also attached to this document for investors to determine the viability of the new business set-up.
• Feasibility plan: A feasibility plan evaluates the prospective customers of the products or services that are to be produced by a company. It also estimates the possibility of a profit or a loss of a venture. It helps to forecast how well a product will sell at the market, the duration it will require to yield results, and the profit margin that it will secure on investments. 
• Expansion Plan: This kind of plan is primarily framed when a company decided to expand in terms of production or structure. It lays down the fundamental steps and guidelines with regards to internal or external growth. It helps the firm to analyze the activities like resource allocation for increased production, financial investments, employment of extra staff, and much more.
• Operations Plan: An operational plan is also called an annual plan. This details the day-to-day activities and strategies that a business needs to follow in order to materialize its targets. It outlines the roles and responsibilities of the managing body, the various departments, and the company’s employees for the holistic success of the firm.
• Strategic Plan: This document caters to the internal strategies of the company and is a part of the foundational grounds of the establishments. It can be accurately drafted with the help of a SWOT analysis through which the strengths, weaknesses, opportunities, and threats can be categorized and evaluated so that to develop means for optimizing profits.

There is some preliminary work that’s required before you actually sit down to write a plan for your business. Knowing what goes into a business plan is one of them. 

Here are the key elements of a good business plan:

• Executive Summary: An executive summary gives a clear picture of the strategies and goals of your business right at the outset. Though its value is often understated, it can be extremely helpful in creating the readers’ first impression of your business. As such, it could define the opinions of customers and investors from the get-go.  
• Business Description: A thorough business description removes room for any ambiguity from your processes. An excellent business description will explain the size and structure of the firm as well as its position in the market. It also describes the kind of products and services that the company offers. It even states as to whether the company is old and established or new and aspiring. Most importantly, it highlights the USP of the products or services as compared to your competitors in the market.
• Market Analysis: A systematic market analysis helps to determine the current position of a business and analyzes its scope for future expansions. This can help in evaluating investments, promotions, marketing, and distribution of products. In-depth market understanding also helps a business combat competition and make plans for long-term success.
• Operations and Management: Much like a statement of purpose, this allows an enterprise to explain its uniqueness to its readers and customers. It showcases the ways in which the firm can deliver greater and superior products at cheaper rates and in relatively less time. 
• Financial Plan: This is the most important element of a business plan and is primarily addressed to investors and sponsors. It requires a firm to reveal its financial policies and market analysis. At times, a 5-year financial report is also required to be included to show past performances and profits. The financial plan draws out the current business strategies, future projections, and the total estimated worth of the firm.

The importance of business planning is it simplifies the planning of your company's finances to present this information to a bank or investors. Here are the best business plan software providers available right now:

• Business Sorter

The importance of business planning cannot be emphasized enough, but it can be challenging to write a business plan. Here are a few issues to consider before you start your business planning:

• Create a business plan to determine your company's direction, obtain financing, and attract investors.
• Identifying financial, demographic, and achievable goals is a common challenge when writing a business plan.
• Some entrepreneurs struggle to write a business plan that is concise, interesting, and informative enough to demonstrate the viability of their business idea.
• You can streamline your business planning process by conducting research, speaking with experts and peers, and working with a business consultant.

Whether you’re running your own business or in-charge of ensuring strategic performance and growth for your employer or clients, knowing the ins and outs of business planning can set you up for success. 

Be it the launch of a new and exciting product or an expansion of operations, business planning is the necessity of all large and small companies. Which is why the need for professionals with superior business planning skills will never die out. In fact, their demand is on the rise with global firms putting emphasis on business analysis and planning to cope with cut-throat competition and market uncertainties.

While some are natural-born planners, most people have to work to develop this important skill. Plus, business planning requires you to understand the fundamentals of business management and be familiar with business analysis techniques . It also requires you to have a working knowledge of data visualization, project management, and monitoring tools commonly used by businesses today.   

Simpliearn’s Executive Certificate Program in General Management will help you develop and hone the required skills to become an extraordinary business planner. This comprehensive general management program by IIM Indore can serve as a career catalyst, equipping professionals with a competitive edge in the ever-evolving business environment.

What Is Meant by Business Planning?

Business planning is developing a company's mission or goals and defining the strategies you will use to achieve those goals or tasks. The process can be extensive, encompassing all aspects of the operation, or it can be concrete, focusing on specific functions within the overall corporate structure.

What Are the 4 Types of Business Plans?

The following are the four types of business plans:

Operational Planning

This type of planning typically describes the company's day-to-day operations. Single-use plans are developed for events and activities that occur only once (such as a single marketing campaign). Ongoing plans include problem-solving policies, rules for specific regulations, and procedures for a step-by-step process for achieving particular goals.

Strategic Planning

Strategic plans are all about why things must occur. A high-level overview of the entire business is included in strategic planning. It is the organization's foundation and will dictate long-term decisions.

Tactical Planning

Tactical plans are about what will happen. Strategic planning is aided by tactical planning. It outlines the tactics the organization intends to employ to achieve the goals outlined in the strategic plan.

Contingency Planning

When something unexpected occurs or something needs to be changed, contingency plans are created. In situations where a change is required, contingency planning can be beneficial.

What Are the 7 Steps of a Business Plan?

The following are the seven steps required for a business plan:

Conduct Research

If your company is to run a viable business plan and attract investors, your information must be of the highest quality.

Have a Goal

The goal must be unambiguous. You will waste your time if you don't know why you're writing a business plan. Knowing also implies having a target audience for when the plan is expected to get completed.

Create a Company Profile

Some refer to it as a company profile, while others refer to it as a snapshot. It's designed to be mentally quick and digestible because it needs to stick in the reader's mind quickly since more information is provided later in the plan.

Describe the Company in Detail

Explain the company's current situation, both good and bad. Details should also include patents, licenses, copyrights, and unique strengths that no one else has.

Create a marketing plan ahead of time.

A strategic marketing plan is required because it outlines how your product or service will be communicated, delivered, and sold to customers.

Be Willing to Change Your Plan for the Sake of Your Audience

Another standard error is that people only write one business plan. Startups have several versions, just as candidates have numerous resumes for various potential employers.

Incorporate Your Motivation

Your motivation must be a compelling reason for people to believe your company will succeed in all circumstances. A mission should drive a business, not just selling, to make money. That mission is defined by your motivation as specified in your business plan.

What Are the Basic Steps in Business Planning?

These are the basic steps in business planning:

Summary and Objectives

Briefly describe your company, its objectives, and your plan to keep it running.

Services and Products

Add specifics to your detailed description of the product or service you intend to offer. Where, why, and how much you plan to sell your product or service and any special offers.

Conduct research on your industry and the ideal customers to whom you want to sell. Identify the issues you want to solve for your customers.

Operations are the process of running your business, including the people, skills, and experience required to make it successful.

How are you going to reach your target audience? How you intend to sell to them may include positioning, pricing, promotion, and distribution.

Consider funding costs, operating expenses, and projected income. Include your financial objectives and a breakdown of what it takes to make your company profitable. With proper business planning through the help of support, system, and mentorship, it is easy to start a business.

Our Business And Leadership Courses Duration And Fees

Business And Leadership Courses typically range from a few weeks to several months, with fees varying based on program and institution.

Get Free Certifications with free video courses

Business and Leadership

Business Analysis Basics

Data Science & Business Analytics

Business Intelligence Fundamentals

Learn from Industry Experts with free Masterclasses

From Concept to Market - How to Excel at Product Management in 2024 with SP Jain Program

Ascend the Product Management Career Ladder in 2024 with UC San Diego

Career Information Session: Find Out How to Become a Business Analyst with IIT Roorkee

Recommended Reads

Business Intelligence Career Guide: Your Complete Guide to Becoming a Business Analyst

Corporate Succession Planning: How to Create Leaders According to the Business Need

Top Business Analyst Skills

Business Analytics Basics: A Beginner’s Guide

Financial Planning for Businesses Across the Globe

How to Become a Business Analyst

Get Affiliated Certifications with Live Class programs

• PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc.

How to Write a Business Essay: an Ultimate Guide

Table of Contents

Writing an essay can be boring. A lot of essays are basically the same thing over and over again. You write an introduction, then you write your supporting paragraphs, and then you create a conclusion. Overall, the process is not a lot of fun, and you can often feel as though you are simply going through the motions for the sake of churning out extra work. But since you have to write an essay, it’s worth considering the many ways that you can make the process faster and easier. In this ultimate guide, we’ll discuss the best way to write a business essay so you can get through the process faster and with relatively little trouble.

It might seem obvious, but the first thing you need to do when you write an essay is to read the essay question. You need to be sure you understand each part of the essay question and how the parts of the question work together. You would be surprised how many students only glance at the question and then write a paper that only partially addresses the assignment. You don’t want to lose points because part of your paper isn’t on topic. If you find any parts of the paper that you don’t understand or that require explanation, be sure to contact your instructor for clarification before you start writing.

Read the essay rubric

These days, most essays have a grading rubric included with the question. A grading rubric is like a cheat sheet for writing your essay. When you review the essay rubric, you’ll see exactly how your instructor will grade your paper and what your instructor will be looking for. When you write your paper, you will therefore know exactly what to include and how to write about it in order to maximize your points—and you’ll also see what you can spend less time on because it won’t contribute to your overall grade.

Make friends with your library

Many students automatically turn to search engines like Google in order to research their papers, but this is not the most effective way to find high-quality business sources for your paper. Instead, take advantage of your library’s databases. Your college or university library will likely have dedicated business databases that collect high-quality academic articles on business topics. Using these resources in your paper will make your essay stronger and more effective, and it will put your paper on a solid academic footing.

Compile your sources before you write

Many students use the start-and-stop method to write their papers, composing a sentence or two and then stopping to look up more information in order to keep going. This, however, is an inefficient way to work. A better way is to read through your research sources before you start and copy into a separate file a series of quotations and facts that you might use in your paper, creating in-text citations and reference list entries for each before you start. Doing so will make sure that you don’t have to stop for research and have a ready bank of pre-cited material to work with as you write.

Outline before you write

Outlining is an important skill that will both save you time and improve the quality of your essay. Take time before you write to lay out your paper from beginning to end. Start with your thesis statement and carefully lay out the body paragraphs with a topic sentence, supporting details (including research, quotes, and citations ), and a closing paragraph . Plan your transitions to link paragraphs together. Any amount of outlining can be helpful, but the more effort that you put into outlining at this stage, the easier it will be to write your paper, and the less likely it will be that you get stuck in a tangent that goes nowhere or meander into a point that requires you to change your thesis and revise you whole essay.

Remember to revise and proofread

When you finish the draft of your paper, you aren’t done yet. The first draft is rarely the finished product. You should always set aside time to read your work back and to make revisions to make it clearer. You also need to carefully proofread for mechanical grammar, punctuation, and syntax issues to ensure that your paper is as close to perfect as possible. You don’t want to leave points on the table because your paper had easy to fix minor spelling or grammar errors.

Consider professional writing help

Another great way to get your paper done quickly is to seek out custom professional help from an essay writing service with academic experts. An online writing company such as this can create business papers for college students and deliver them fast. When you utilize professional writing assistance, you can receive a custom-written essay that can serve as a great model to help you understand how a professional would approach your business topic and organize and develop an essay to address your assignment. Using a model such as this can save you time and effort as you work on your own paper, allowing you to focus on the learning process more than the mechanics of academic essay writing.

Join the thousands who have sharpened their business writing skills with our award winning courses.

Copyright © 2024 Businesswritingblog.com.

• Credit cards
• View all credit cards
• Banking guide
• Loans guide
• Insurance guide
• Personal finance
• View all personal finance
• Small business
• Small business guide
• View all taxes

You’re our first priority. Every time.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners .

How to Write a Business Plan, Step by Step

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

What is a business plan?

1. write an executive summary, 2. describe your company, 3. state your business goals, 4. describe your products and services, 5. do your market research, 6. outline your marketing and sales plan, 7. perform a business financial analysis, 8. make financial projections, 9. summarize how your company operates, 10. add any additional information to an appendix, business plan tips and resources.

A business plan outlines your business’s financial goals and explains how you’ll achieve them over the next three to five years. Here’s a step-by-step guide to writing a business plan that will offer a strong, detailed road map for your business.

ZenBusiness

A business plan is a document that explains what your business does, how it makes money and who its customers are. Internally, writing a business plan should help you clarify your vision and organize your operations. Externally, you can share it with potential lenders and investors to show them you’re on the right track.

Business plans are living documents; it’s OK for them to change over time. Startups may update their business plans often as they figure out who their customers are and what products and services fit them best. Mature companies might only revisit their business plan every few years. Regardless of your business’s age, brush up this document before you apply for a business loan .

» Need help writing? Learn about the best business plan software .

This is your elevator pitch. It should include a mission statement, a brief description of the products or services your business offers and a broad summary of your financial growth plans.

Though the executive summary is the first thing your investors will read, it can be easier to write it last. That way, you can highlight information you’ve identified while writing other sections that go into more detail.

» MORE: How to write an executive summary in 6 steps

Next up is your company description. This should contain basic information like:

Your business’s registered name.

Address of your business location .

Names of key people in the business. Make sure to highlight unique skills or technical expertise among members of your team.

Your company description should also define your business structure — such as a sole proprietorship, partnership or corporation — and include the percent ownership that each owner has and the extent of each owner’s involvement in the company.

Lastly, write a little about the history of your company and the nature of your business now. This prepares the reader to learn about your goals in the next section.

» MORE: How to write a company overview for a business plan

The third part of a business plan is an objective statement. This section spells out what you’d like to accomplish, both in the near term and over the coming years.

If you’re looking for a business loan or outside investment, you can use this section to explain how the financing will help your business grow and how you plan to achieve those growth targets. The key is to provide a clear explanation of the opportunity your business presents to the lender.

For example, if your business is launching a second product line, you might explain how the loan will help your company launch that new product and how much you think sales will increase over the next three years as a result.

» MORE: How to write a successful business plan for a loan

In this section, go into detail about the products or services you offer or plan to offer.

You should include the following:

An explanation of how your product or service works.

The pricing model for your product or service.

The typical customers you serve.

Your supply chain and order fulfillment strategy.

You can also discuss current or pending trademarks and patents associated with your product or service.

Lenders and investors will want to know what sets your product apart from your competition. In your market analysis section , explain who your competitors are. Discuss what they do well, and point out what you can do better. If you’re serving a different or underserved market, explain that.

Here, you can address how you plan to persuade customers to buy your products or services, or how you will develop customer loyalty that will lead to repeat business.

Include details about your sales and distribution strategies, including the costs involved in selling each product .

» MORE: R e a d our complete guide to small business marketing

If you’re a startup, you may not have much information on your business financials yet. However, if you’re an existing business, you’ll want to include income or profit-and-loss statements, a balance sheet that lists your assets and debts, and a cash flow statement that shows how cash comes into and goes out of the company.

Accounting software may be able to generate these reports for you. It may also help you calculate metrics such as:

Net profit margin: the percentage of revenue you keep as net income.

Current ratio: the measurement of your liquidity and ability to repay debts.

Accounts receivable turnover ratio: a measurement of how frequently you collect on receivables per year.

This is a great place to include charts and graphs that make it easy for those reading your plan to understand the financial health of your business.

This is a critical part of your business plan if you’re seeking financing or investors. It outlines how your business will generate enough profit to repay the loan or how you will earn a decent return for investors.

Here, you’ll provide your business’s monthly or quarterly sales, expenses and profit estimates over at least a three-year period — with the future numbers assuming you’ve obtained a new loan.

Accuracy is key, so carefully analyze your past financial statements before giving projections. Your goals may be aggressive, but they should also be realistic.

NerdWallet’s picks for setting up your business finances:

The best business checking accounts .

The best business credit cards .

The best accounting software .

Before the end of your business plan, summarize how your business is structured and outline each team’s responsibilities. This will help your readers understand who performs each of the functions you’ve described above — making and selling your products or services — and how much each of those functions cost.

If any of your employees have exceptional skills, you may want to include their resumes to help explain the competitive advantage they give you.

Finally, attach any supporting information or additional materials that you couldn’t fit in elsewhere. That might include:

Licenses and permits.

Equipment leases.

Bank statements.

Details of your personal and business credit history, if you’re seeking financing.

If the appendix is long, you may want to consider adding a table of contents at the beginning of this section.

How much do you need?

with Fundera by NerdWallet

We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

Here are some tips to write a detailed, convincing business plan:

Avoid over-optimism: If you’re applying for a business bank loan or professional investment, someone will be reading your business plan closely. Providing unreasonable sales estimates can hurt your chances of approval.

Proofread: Spelling, punctuation and grammatical errors can jump off the page and turn off lenders and prospective investors. If writing and editing aren't your strong suit, you may want to hire a professional business plan writer, copy editor or proofreader.

Use free resources: SCORE is a nonprofit association that offers a large network of volunteer business mentors and experts who can help you write or edit your business plan. The U.S. Small Business Administration’s Small Business Development Centers , which provide free business consulting and help with business plan development, can also be a resource.

On a similar note...

Find small-business financing

Compare multiple lenders that fit your business

Business Essay and the Best Way of Its Writing

• Academic Writing Tips

• Social Science
• Political Science

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the programs. There are many branches in the business field, from business management to finance. College tutors often give students different business papers to test their knowledge as part of the assessment.

A business essay is an academic assignment that involves writing a paper that responds with a strategic and analytical approach to specific situations occurring in the market. Each business essay has a different topic that students tackle. However, the primary purpose of such essays is to collect relevant facts that align with the research question and analyze the data to get solutions.

Writing a business essay might seem simple, but it requires impressive writing skills and extensive research. You must be familiar with the topic to know the paper’s direction. Topic selection is a tricky section that affects the entire writing process. It is essential to identify a relevant topic to assist you in crafting a remarkable paper. You have to write a well-structured and compelling paper to get good grades. Presenting accurate arguments with supporting examples from reliable sources is an essential research aspect. Thus, a business essay must follow the required academic standards and theoretical frameworks.

However, writing is not everyone’s cup of tea, and incorporating logical arguments can be challenging. If you are stuck, you can check any business essay example online to understand the format. You will know how to structure the paper and relate it to the relevant themes.

That is why our writing service is here to help needy students craft exceptional essays. We will connect with a proficient business essay writer to help with the research and writing process. Get flawless documents from us and earn the best score in your class.

Business Essay Format

Most learners often overlook the importance of having a business essay format. It is imperative to use a format to help you outline your work. Proper thought organization and articulation are essential aspects that translate into a well-written business essay.

Below is an example of the format:

• Introduction
• Background information
• Introduce main topics
• Thesis statement
• Topic sentence
• Research explanation
• Restate points
• Significance of the study

The above outline is a map that will guide you to know what to include in each section. In addition, you will understand what the assignment requires you to do from the introduction to the conclusion.

If you still find it challenging to get the proper format, you can study a relevant business essay example from our site and jumpstart your paper. Whether you need a business school essay or a business plan essay, we have you covered.

Write Business Essay In 5 Steps

While writing might seem challenging, with the proper format and topic familiarity, you are on the right track. It is imperative to understand the writing process before composing your business essay. You need to read the prompt carefully to know what you are supposed to research and write about.

Here is an overview of the writing process in 5 simple steps:

• Topic Selection

Choosing a good topic is mandatory in crafting an excellent paper. You must select a theme that aligns with the research question. Additionally, ensure you select a familiar topic you are passionate about to avoid writing mistakes and illogical paragraphs.

• Extensive Research

Conduct extensive research to get facts and supporting evidence. Narrow down your theme and include only good points. Avoid broad topics because you will waste time during research.

• Essay Outline

Make sure you use a proper outline to organize your thoughts and line of arguments. Follow the format essay

Start writing your paper while using the required academic format. Organize your work and include the introduction, main body paragraphs, or conclusion.

• Editing and Proofreading

Finally, edit and proofread your essay to eliminate grammatical and spelling mistakes.

The above steps will help you during business essay writing to craft remarkable papers. It would be best to plan your time adequately to avoid rushing through the process. However, you must select an appropriate topic for your paper. It could be a business management essay or a marketing paper. No matter the subject discipline, ensure you follow the correct procedure.

Business Essay Topics

Our experts have compiled a list of different business essay topics to inspire your writing:

• Discuss the importance of bookkeeping in a business.
• Evaluate the impact of value addition in products.
• An analysis of income and expenditure transactions.
• Analyze the supply-chain industry.
• The effects of product promotion in business growth.
• How to develop an effective marketing strategy.
• Impact of policymaking in enhancing company productivity.
• What is multilevel marketing?
• Impact of technology in the business world.
• Discuss the challenges affecting entrepreneurship.
• Significance of human resource management.
• Explore the importance of budget analysis.
• How does technology impact advertising?
• The importance of a financial strategy.
• How to start an online business.
• How can organizations profit from sustainable practices?
• How to develop a positive organizational culture.
• The importance of employee diversity in an organization.
• Effective ways of fraud prevention in a company.
• Explore the communication channels in an organization.

Let us look at interesting argumentative business essay topics

• Discuss the influence of cultural differences on international companies.
• A comprehensive analysis of cryptocurrencies.
• Discuss the ethical dilemmas in international organizations.
• The influence of globalization on the business community.
• Should large organizations have a social media presence?
• Causes and effects of economic recession.
• Impact of politics on business growth.
• Discuss the effective strategies of negotiating cross-cultural business deals.
• Explore the integrity of online entrepreneurship.
• The impact of corporate social responsibility in an organization.

The field is quite diverse with various course programs. You can derive different topics from these programs to get logical arguments. So, get inspiration from the compelling business school essay examples and craft exceptional papers.

How To Start A Business Essay

Knowing how to start a business essay is essential for academic writing. The first step entails topic selection because it will determine the essay’s direction. Identifying a relevant topic is vital, and you need to ensure you get the suitable theme. It will also help save you time during research and simplify the writing process.

When it comes to essay writing service , business papers are among the assignments that require extensive research and analysis. Read the essay prompt carefully to understand the tutor’s expectations. Then, make sure you conduct a comprehensive brainstorming session to get the major points for your paper. Having the right points will help you compose logical arguments in a flawless manner.

Moreover, it would help to read previous essays and publications from reliable essays widely. You will get essential data to support your arguments. Besides, the sources will help you cite your essay correctly.

Start your essay with an insightful introduction and include your perspective regarding the topic. Incorporate a powerful thesis statement that informs your readers of the paper’s direction and the major points you will discuss.

Proceed to write the body paragraphs with a topic sentence that captures all significant arguments. Each paragraph should have well-explained arguments that flow logically.

Finally, conclude your business essay by restating your main points and the significance of the study.

Still, need help with your paper? Worry no more. Our competent business essay writers are on standby, ready to assist you with any academic paper. Stop wasting time and reach out to us. We will help you score top-of-the-class grades within no time.

The paper “Enterprises Resource Planning Success and Failure” is an outstanding example of a business essay. An Enterprise resource planning (ERP) system according to Aslan et al. (2012, p.693) is a management system within an organization that has sets of connected inclusive software, which may be used when espoused and put into practice effectively, to oversee and connect every organizational function. Basically, ERP systems may be employed as a tool for helping to improve the supply chain network as well as the level of performance by helping in decreasing cycle times.

Besides that, ERP systems have been utilized routinely in capital-intensive industries like building, construction, manufacturing, as well as defence. Latterly, ERP systems have advanced further and nowadays they are prevalent in industries such as education, health care, finance, hospitality, and telecommunications. Fundamentally, the benefits of ERP systems are hard to realise not unless a strong disposition, as well as participation, is established within the organisation; so, the article seeks to critically analyse ERP success and failure experienced by organisations.

BodyAs mentioned by Hellens et al. (2005, p.283), ERP systems are built upon a single database and application, as well as a coordinate that is unified in the whole organization. For that reason, every application serving different departments such as HR, accounting, and supply chain are integrated firmly under a single ERP system. Al-as observed by Al-Masha et al. (2003, p.354), ERP systems are useful when successfully implemented because they accelerate the process of decision-making. So, the success of ERP systems depends on the ability of an organisation’s managers to efficiently oversee the operation of a business, given that ERP systems can help them reduces operation costs.

Success drivers of ERP systems can be categorised into two: operational and technological drivers. In this case, operational drivers are associated with ways of improving organisational performance, supporting business strategies, as well as cutting production costs. On the other hand, technological drivers are predominantly associated with compliance with existing rules and regulations. The notion of success varies as the process of implementation continues, in that for planning and implementation (the first two stages of the cycle) success is mainly rooted in completing the ERP project to the standards that are acceptable within the budget as well as a time limit.

As pointed out by Hanafizadeh et al. (2010), stabilization as well as Improvement (the last two stages of the cycle) success is founded on the seeming impact of the ERP system on the performance of the organization. As indicated in Hanafizadeh et al. (2010) study, there are scores of factors vital for the success of ERP systems; support is top management one of the factors, and it involves encouraging commitment, positivity, and support of top management in the ERP project. Another factor is the utilization of knowledge as well as experience of system and technology consultants.

Additionally, the balanced project team is crucial for the success of ERP systems because it includes the integration of employees and information technology with the broad knowledge of the processes in the organization. As evidenced in Hellens et al. (2005) study, the accuracy of the information is crucial to the success of ERP project, so, data loaded from accessible legacy systems must at all times be of high quality. ERP project cannot succeed if the project management teams do not have a well-defined, detailed project plan related to the goals of the project.

Change management is also a success factor in the implementation of ERP project; so, careful attention has to be offered to this, considering that several changes in business processes are experienced during ERP systems implementation. Training and education are also important given that technical expertise regarding the ERP system, its reference model, and facts regarding its working are useful in the process of implementation. Other factors crucial for success consists of, availability of experts who aside from being in top management will frequently help the organization realize ERP system benefits.

Failure of ERP projects has been prevalent, and this has continued to bite worldwide across all business platforms. As pointed out in Xue et al. (2005, p.279) study, ERP poise substantial benefits like improving customer service, reducing manufacturing costs and boosts productivity, but these benefits are only realised after successfully implementing the ERP systems. Nevertheless, statistics show that implementation of ERP systems is still a failure amongst scores of companies. Statistically, 90 per cent of ERP systems implementations in Asia countries, especially China are either completed late or use more money and resources than those stipulated in budget.

In Xue et al. (2005) study, where they differentiated implementation success of ERP system in China as well as western countries, they noted that China had a higher percentage of failure which was attributed mainly to lack of support from top management as well as data inaccuracy. Other factors that led to ERP failure include poor participation, education and training, insignificant time ensuing from a minimal understanding of cross-operational organisational processes (Dechow & Mouritsen, 2005, p.691). Furthermore, ERP systems are exceedingly expensive, and also the need for the organisation to hire consultants to assist in the configuration as well as implementation, results in further escalation of price; thus, creating a high possibility of failure.

The cost used on consultants is almost thrice the cost of an ERP system; this negatively affects the productivity of the company and can lead also to the failure of the ERP system. ConclusionIn conclusion, it has been argued that ERP systems are beneficial because they improve the flow of information between every function of the company and also manages the connections to external stakeholders. Currently, the key basis of competitive advantage is the capability of a business to improve the processes of the supply chain.

This necessity has created the need for more advanced information systems like ERP systems. The articles have heightened numerous factors critical to the success of ERP, and which have allowed companies to efficiently plan their resources resulting in business efficient functionality and increased productivity. Failures as discussed in the article are caused by lack of support from top management, data inaccuracy, and lack of sufficient education and training.

The paper “New iPhones Show a Hit For Apple as Quarterly Profit Fluctuate 13 Percent” is an outstanding example of a business literature review. Yao (2014) explains that China is expected to provide information about its weakest growth since the occurrence of the global financial crisis within the third quarter while the property downturn is assessed based on manufacturing and investment. As a result, more pressure has been put on Beijing to unveil new stimulus measures. According to Yao (2014), the market assumes that the Communist Party leader will be able to adjust to the gradual slowdown. This will happen only in circumstances where there are no possibilities of experiencing a potentially destabilizing fluctuation in unemployment. However, anything weaker would lead to more speculations of key stimulus measures, for instance, an interest rate cut. Although the leadership has consistently provided steady aid specifically to vulnerable sectors of the economy, it has been noted that several stimuli have been ignored because China is still struggling to pay a huge local government debt (Yao 2014).

Article 2: New iPhones show a hit for Apple as quarterly profit fluctuate 13 percent

Due to strong demand for APPLE’s new larger-screen iPhones released in September, its quarterly profit increased by 13 percent. This also enabled APPLE to overcome the sluggish iPad sales (Jones 2014). Despite the more intensifying competition felt by Samsung Electronics as APPLE’s leading Smartphone competitor, Jones (2014) points out that the iPhone is attracting more consumers who are also ready to pay high prices particularly for cutting-edge handsets. Through its latest phones, Apple is profitably catching with its major competitors, such as, Samsung that have from time to time managed to post attractive sales of larger phones. It has also been noted that the marketing strength that iPhone has gained stands in contrast to sluggish iPad sales and the issues affecting Samsung’s Smartphone business (Jones 2014).

Article 3: Coal not the solution for poverty

Couchi (2014) examines that cheap coal-fueled electricity is highly considered by miners and politicians as the best alternative way out of poverty, particularly for developing nations. However, Africa has not considered this. In the business report provided by Couchi (2014) about the U.S financial group Citi, it can be noted that the booming market for African electricity has been a result of the coal approach. In the attempt to reinforce coals bearish outlook, Couchi (2014) reports that Citi discovered that a new International Energy Agency (IEA) outlook on the commodity is in contrast with the idea of BHP, the US coal producer Peabody as well as the Minerals Council of Australia which maintains that coal would play an integral role in minimizing energy poverty, particularly for developing countries. Despite its metallurgical and thermal forms, coal is considered the second-biggest mineral exported from Australia after iron ore (Couchi 2014).

Article 4: Ebola could be in the headlines, but tobacco is yet another killer in Africa

Research conducted by The Guardian (2014) shows that although Ebola dominates the headlines, there is yet another killer pandemic of great importance that continues to kill many people in the African continent unnoticeably. It is has been noted that tobacco kills at least one between two long term smokers. Currently, it is anticipated to kill 1 billion people globally before 2100. This is relatively more compared to the current number of people who die of Ebola. The Guardian (2014) terms this global issue as injustice and inequality because Transnational Tobacco Companies (TTCs), such as UK-based British American Tobacco (BAT) earn humungous profits yet they cause economic damage worthy over half a trillion dollars each year. Besides, TTCs contribute more to environmental degradation and thus create risks that compromise the health as well as the sustainability of populations. To earn more profits, TTCs are currently shifting and expanding their business to untapped markets in regions with unrestricted opportunities for growth (The Guardian 2014).

Article 5: NAB, ANZ lead pack in building home-lending share

The home loan is still considered the major driving force in recovering credit growth for banks. In this case, National Australian Bank (NAB) and ANZ are on the frontline to encourage the big banks in taking the advantage of the mortgage market, while home and business lending are sustainably becoming strong. Therefore, NAB and ANZ have put on media their fastest growth out of the big in all the past three months (Yeates 2014). Despite the faster growth and expansion made by NAB compared to their rivals in home lending, Yeates (2014) notes that analysts see business lending as a bigger concern because the bank has lost shares and faced more pressure, particularly on its margins. Generally, the home loan market is considered a major driving force that enables banks to recover from credit growth regardless of the risks associated with life specifically in business lending (Yeates 2014).

The paper “Globalization and Culture” is an outstanding example of a business essay. Today, it is common to hear people refer to the world as ‘a global village’. This has been a result of the process of globalization. This process has opened up and improved trade across regional and national borders. Not only has globalization enhanced economic interactions across nations but also improved access to information and uplifted the fight for human rights, among other benefits. Recent technological and communication developments along with improved road networks have been the key drivers of globalization. However, critics of globalization say that these benefits have been realized at a very high price: that of surrendering regional and national cultural values, mainly, for Western morals (Kwame, 2007).

Regarding this debate, two key schools of thought emerge. From one angle critics argue that globalization spreads out any and every culture all over the realm, leading to cultural heterogeneity and deeper understanding between diverse groups. This is mainly defined through the global production and distribution of commodities such that people in different parts of the world have access to commodities they would otherwise have never seen. A case in point is the cultural interaction between the United States and Japan. Teens in the U.S interact with the Japanese culture through their comic books, animations and video games, while teens in Japan interact with the American culture through watching TV shows and Hollywood movies produced in the U.S (Kwame, 2007).

On the flip side, critics argue that globalization erodes the regional and national cultural identity through cultural homogeneity. This leads to a cohesive global culture constituting diluted varieties of regional and national cultural nuances. For instance, French pastries, ‘American’ fried chicken, and Japanese sushi can be eaten in almost any part of the world. Restraint chains such as MacDonald’s and Starbucks have influenced traditions and behaviors in different countries. Even though champions of globalization claim that this merely affects consumer goods and media broadcasting, critics contend that it deteriorates customary culture ((Kwame, 2007; Czinkota, 2003).

Culture is a prevalent aspect in business whether it is in marketing, production, or human resource management. It is a key variable in the function of success in new markets (Czinkota, 2003). People’s purchasing decisions are based on a product’s design, style or color that supports their religious beliefs and practices. Empirical evidence shows that the success or failure of a company, especially, in a foreign market is reliant upon the effective managerial exercise of local religious beliefs and practices. Therefore, managers ought to be on familiar terms with their market’s religious differences given that religion influences people’s attitudes. For instance, Asians have a different attitude toward authority and women that differs from Western beliefs and practices. Whereas many parts of the world, including Asia, South America, and Africa, value collectivism very much, Americans are more individualistic. Chinese, Latin Americans and Koreans take time casually even as Americans are more proactive.

Failing to appreciate the religious beliefs and practices of the market will often lead to lots of inadvertent mistakes, such as being socially violent, cultural mix-ups, tarnished interpersonal relations, poor negotiations. As a consequence, the company’s future performance dwindles as profits decline. Lack of religious competence, or religious dogmatism, can easily put at risk millions of dollars through fruitless negotiations, lost purchases or sales, and pitiable customer relationships (Czinkota, 2003).

Cultural Literacy

Culture is a broad system that includes traditions, beliefs, attitudes, values, institutions and social interactions. This system reflects the global crunch facing the human race, and so it is a cultural catastrophe (UNESCO 1997). Dealing with such a cultural diversity calls for an important skill referred to as cultural competence. Chrisman (2007) defines cultural competence as ‘attitudes, practice skills, and system savvy for cross-cultural conditions’. The key force in work involving cultural competence is the people’s flexibility and ability to appropriately consider and treat the general public politely and in a proper way fitting their culture. Cultural literacy takes account of cultural competence plus the capacity to analytically mirror, and if needed institute change in, one’s a specific culture. Cultural literacy also comprises the capacity to examine the actions of central cultures measured against other cultures. This becomes very much useful in business. A case in point is the understanding of the effect of globalization or cross-cultural businesses on indigenous cultures all over the world.

Cultural literacy has been likened to an iceberg, through the iceberg model of culture. This is due to the expanse contextual material one requires to understand the culture. Cultural literacy often involves much more than the information essentially spoken. In other words, to understand the meaning of a cultural term, one has got to have much information that is not revealed by the bare meaning of that term. The clear cultural meaning of the term is like the ‘tip of an iceberg’ meaning that the deeper understanding lies below the casual meaning of the term and it constitutes a person’s own applicable information. It is known that 15 per cent or less of an iceberg can be seen above the water surface, 85 per cent or more of the iceberg is submerged below the water surface. This means that there is quite a different picture depicted shallowly from that which is the actual translation in the literature, giving the imprint that implied information comprises relatively tiny bits and pieces of information, left out by the correspondent due to dismissal or suitability (Hawkes, 2001).

Figure 1: Iceberg Model of Culture

It has been stated earlier that culture is a broad system that among other aspects involves religion. The world is very diverse in terms of culture as well as religion. Each culture embodies a creation in itself and yet it is not closed. Cultures give religious convictions semantics, and religions provide decisive connotation to each culture. Religion is a way of life for numerous cultures saturating every one human action. In other cultures, it characterizes the utmost ambitions of human life, and for others, religion is an institution that claims to convey a meaning of deliverance (Hawkes, 2001).

The paper “The Different Communications ” is an outstanding example of a management assignment. Phone: 23 rd August: the communication was made to remind that the bill for the mobile phone is outstanding and if not paid within the date will have a fine imposed on it. The communication was successful as it helped to fulfill my need and acted as a reminder. Further, the call also ensured that it was complete and all the details like outstanding amount, due date, late fine, and other details were provided. The call was complete and highlighted the important aspect which if ignored could have an impact on my usage.

Radio: 24 th August: The communication was made regarding the areas which are having huge traffic and showed the roads which should be avoided. The communication was successful as it helped to fulfill my requirements by highlighting the different roads which need to be avoided and which need to be used. The communication was further clear and loud regarding the different roads and path which should be avoided. This method acted as one where proper guidance was provided and acting in the correct way was highlighted so those correct decisions can be taken.

Communications that were unsuccessful

Television: 24 th August: The communication was made regarding the sale of women’s garments. The communication was ineffective because in the first instance it didn’t meet my needs and requirements as I was not looking to shop. Secondly, the message was not constructed properly as it didn’t speak about the brands which were available on sale, the different garments which were available, and also didn’t highlight the date when the sale would end.

Phone: 25 th August: The communication was made regarding the mobile bill payment which has already been made. The call was ineffective because it was not required as the payment has been made and I had the required receipt. The call was instead a wastage of time. In addition to it, the call was not constructed properly and required to focus on areas through which a message would have been enough as a source of communication to ensure that the payment was correctly entered.

Reasons for communication not to be successful

The communication process can be improved in the following ways

Firstly, ensuring that the communication which is made is required and is addressed properly so that the person who receives the communication gains from it (Nicholas, 2013)

Secondly, providing complete information is essential as it will serve as a benchmark to evaluate the manner in which different information is passed (Anne & Bochner, 2007). It will also help to understand the important matter which has been spoken and will help to highlight the manner in which changes can make so that proper communication and message is passed

Thirdly, the targeted audience was wrong and it is important to correct the audience (Mehrabian and Susan, 2007). This will help to improve the validity and reliability of the communication and will ensure that the process of communication becomes effective and is directed towards the correct person

Fourthly, the process of communication needs to be improved and changed so that the message is correctly interpreted and passed with the same intention (Imahori & Lanigan, 2012). This will help the listeners to evaluate the message in the correct form and will help to ensure maximum response.

Fifthly, the media which are used needs to be chosen wisely as the usage of a message instead of a phone call for bill paid confirmation would have been more helpful and could have caught the attention of the audience in a better way. This would have multiplied the effectiveness of communication and would have helped to understand the important points and issues.

The process of communication thereby requires working on the smaller and important aspect so that the overall process of communication improves and helps to provide the required dimensions through which effectiveness can be gained in the manner messages are passed.

The paper “Why Did Telefonica Initially Focus on Latin America” is a perfect example of a business assignment. Based on Telefonica’s objectives of rapidly increasing shareholder value, profits and achieving growth, it had to take advantage of location economies. Hence, the company initially focused on Latin America, as it must have perceived FDI to be a means for circumnavigating trade barriers. Indeed, the reasons why Telefonica initially focused on Latin America are perceivable through the lens of the Uppsala Model Theory.

According to the theory, the internalisation of a company across many foreign markets is correlated to psychic distance, where the first entry is to foreign markets that are familiar and closer in regards to the psychic distance of the host country, before making subsequent entries in foreign markets with greater psychic distance. Psychic distance comprises the differences in culture, language and political systems (Falvo & Parshad 2005).

Within the perspective of Uppsala Model Theory, it should be argued that companies tend to gradually increase their activities in international markets through a series of incremental stages, where the succeeding steps are anchored in learning and adapting to foreign markets (Pandian & Sim 2002).

This implies that the firms fast gain experience from the markets, where they have closer cultural ties before expanding to foreign markets. For instance, Telefonica had to first gain experience as a telecoms operator in Latin America, since the region has deep cultural ties with Spain, where it is headquartered.

Strategic competitive advantages

The company’s decision to slowly expand to Europe appeared opportunistic as well as strategic. Europe had initially possessed trade barriers that lowered the chances of successful entries. Essentially, there is a correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers, in terms of competition are bypassed in preference to those that are less competitive (Enu & Attah-Obeng 2010). This argument is based on Dunning’s Eclectic Theory, which hypothesises that a company will always seek to leverage their specific advantages, including marketing, knowledge, skilled personnel, technology and information (Dunning 2001).

In this case, the Latin American markets were growing rapidly. They also experienced an increased high adoption rate and usage of mobile phones and internet connections. Additionally, after the Spanish government privatised Telefonica and deregulated the Spanish telecommunications market, the company’s core objective became increasing shareholder value, profits and achieving growth.

This implies that profit maximisation is a major drive to foreign direct development; through the use of particular advantages the company has (Glesem et al. 1990). It, therefore, had to select a region that would enable it to achieve higher profits. The company selected Latin America over Europe. Latin America had few entry barriers, such as competition and government regulations, while Europe had greater barriers due to more competitors. This implies that imperfect competition within the marketplace is a key incentive for expanding abroad. Besides, European mobile telecommunications operators had agreed they would not invade each other’s markets. However, after the entry of America Movil into Latin America, Telefonica faced a stronger competitor, forcing it to expand to Europe.

Commenting on other student’s post:

Why did Telefonica initially focus on Latin America?  Why was it slower to expand in Europe, even though Spain is a member of the European Union?

While the student hinted at the growth of multinational enterprises, a brief outline detailing why the company expanded and reasons for expansion could have provided a more relevant backdrop. Additionally, the reference to the Socialist Party by Popular Part in the general election of 1996 was irrelevant and out of context. The student’s decision to link the factors for the European Union to the opening of the telecommunications sector was misplaced. Rather, the student should have selected reasons why Telefonica selected to begin operating in Latin America before making headway to Europe. However, reference to high competition in the sector in Europe was justified.

Accordingly, the student should have explored the close cultural ties between Spain and Latin America, as the major drivers that triggered Telefonica to first launch in the region before expanding to Europe. In supporting the argument, a reference to a relevant theory, such as the Uppsala Model Theory could have pointed to the reasons why internationalisation of a company across many foreign markets is correlated to psychic distance (Uhasselt. be 2005). This includes why the initial entry is mostly made in foreign markets that are familiar and closer in regards to the psychic distance of the host country. Afterward, an explanation of what this meant to Telefonica based on the theory could have been appropriate (Gustafsson & Zasada 2011). For instance, the student should have stated that firms get to fast gain experience from the markets where they have closer cultural ties before expanding to foreign markets.

The student should have based his arguments on Dunning’s Eclectic Theory, which proposes that firms tend to use their peculiar advantages such as marketing, knowledge, skilled personnel, technology and information (Rugman 2010). Further, he should have stated that companies view FDI as a means to circumnavigate trade barriers before going forth to describe the correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers in terms of competition are bypassed in preference to those that are less competitive.

While the student was also justified in arguing that the company sought to maximise profitability and to increase shareholder value, no basis was provided to support the argument, based on the case study. At this stage, the student should have suggested a theory to support his argument (Morgan & Katsikeas 1999). Later, the student should have provided examples from the case study to defend the choice of the theory he selected. However, the student provided examples outside the case study, such as “Telefonica has been able to establish footprints in 24 countries and having an average of 120,000 professionals with consolidated revenues of 24,957 million euros in January-June 2014 and more than 315.7 million customers at June 2014”

Additionally, the reasons the student outlined as the likely motivators for Telefonica to launch first in Latin America before making entries in Europe cannot be justified, as they have not been argued appropriately. For instance, in suggesting political developments, taking policy advantage and the fact that the markets shared a common language, the student should have discussed the concept of psychic distance and the related theory, such as the Uppsala Model Theory.

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the…  Read More

All About Persuasive Essay Writing

Writing a persuasive essay requires expressing your viewpoint and convincing readers of its rightfulness. Many struggle with completing this type of written assignment because of a lack of proper writing…  Read More

• Essay Tips&Tricks
• Essay Writing Guides

How to write an anthropology essay perfectly?

Stuck with an anthropology essay with no help in sight? Anthropology essay writing is not a simple task. Not many college students can handle such a paper. An anthropology essay…  Read More

Table of contents

• SUGGESTED TOPICS
• The Magazine
• Newsletters
• Managing Yourself
• Managing Teams
• Work-life Balance
• The Big Idea
• Data & Visuals
• Reading Lists
• Case Selections
• HBR Learning
• Topic Feeds
• Account Settings
• Email Preferences

The Science of Strong Business Writing

• Bill Birchard

Lessons from neurobiology

Brain scans are showing us in new detail exactly what entices readers. Scientists can see a group of midbrain neurons—the “reward circuit”—light up as people respond to everything from a simple metaphor to an unexpected story twist. The big takeaway? Whether you’re crafting an email to a colleague or an important report for the board, you can write in a way that delights readers on a primal level, releasing pleasure chemicals in their brains.

Bill Birchard is an author and writing coach who’s worked with many successful businesspeople. He’s drawn on that experience and his review of the scientific literature to identify eight features of satisfying writing: simplicity, specificity, surprise, stirring language, seductiveness, smart ideas, social content, and storytelling. In this article, he shares tips for using those eight S’s to captivate readers and help your message stick.

Strong writing skills are essential for anyone in business. You need them to effectively communicate with colleagues, employees, and bosses and to sell any ideas, products, or services you’re offering.

• Bill Birchard is a business author and book-writing coach. His Writing for Impact: 8 Secrets from Science That Will Fire Up Your Reader’s Brain will be published by HarperCollins Leadership in April 2023. His previous books include Merchants of Virtue, Stairway to Earth, Nature’s Keepers, Counting What Counts, and others. For more writing tactics, see his website .  

Partner Center

• Call to +1 844 889-9952

Strategic Planning in Business

The contemporary business landscape is increasingly becoming dynamic and complex. Changing consumer preferences, emerging technology, and increasing competition make it imperative for companies to reassess existing processes, systems, and structures. Strategic planning creates a map for a company to align organizational activities to achieve set objectives and goals through strategic formulation and implementation. Adopting strategic planning increases a company’s competitive advantage, brand value, operational efficiency, and productivity, plus minimizes risks. Managers can ensure sustainable success by strategically planning the future of their business. Therefore, senior leaders need to realize the significance of strategic planning and the actions to take for that planning.

Strategic planning is necessary for a company’s success regardless of whether it is a for-profit or nonprofit organization. Bryson (2018) explained strategic planning as the process of creating, implementing, and evaluating specific business strategies. Through a successfully implemented strategic plan, a company can improve performance effectively and efficiently to reach its objectives, mission, and goals. Additionally, it provides growth opportunities and ensures accountability (Byron, 2018). Therefore, the paper focuses on strategic planning and is divided into two sections. The first section covers the definition, functions, purpose, and impact of strategic planning, including the ABCs of strategic planning. Section two provides a synthesis of an article covering the steps to successful strategic planning.

The contemporary marketplace has become increasingly complex, dynamic, and uncertain. For example, the world economy faces numerous trends, such as the dramatic shift in customer preferences, e-commerce, and declining social capital. Bryson (2018) asserted that organizations could track progress toward sustainable growth through strategic planning. Strategic planning essentially implies a disciplined effort toward fundamental actions or decisions shaping and guiding every facet of an organization (Bryson, 2018; Rana et al., 2017). Thus, strategic planning requires effective and broad-scale information gathering for organizations to keep pace with changing market trends and remain competitive. A strategic plan offers a foundation through which companies can establish realistic and achievable goals. Adopting a strategic plan further increases profitability and market share (AlQershi, 2021; Rana et al., 2017).

For example, a company can get valuable insights into consumer segments and trends that potentially affect its success. A well-strategized and targeted approach increases operational efficiency, productivity, minimizes risks, and gives companies a sense of direction. Therefore, companies should incorporate strategic planning within operations to achieve organizational goals and sustainable growth.

While strategic planning is central to the growth and health of an organization, certain aspects must be taken into consideration: the ABCs of strategic planning. According to Bryson (2018), A answers the company’s current position , structure, systems, processes, programs, services, mission, and mandates. The content of B focuses on the organization’s projections largely influenced by the company’s vision, mission, and goals (Bryson, 2018).

On the other hand, C answers how a company can achieve desired outcomes through hiring and training, restructuring, rebuilding, or through budget allocations (Bryson, 2018). Thus, the interconnections of A , B , and C show strategic planning as a set of procedures and concepts. Despite the benefits, strategic planning is particularly inappropriate for small entities because of associated costs. Organizations that invest resources in strategic planning often miss out on long-term benefits when they consider the planning as quick, easy, and complete after the generation of a written strategic plan.

Strategic planning positions a company for success and aligns leaders and managers to a common goal. Riboldi (2019) outlined the steps to creating a successful strategic plan. The initial step entails assessing the industry, market trends, and competitors. Conducting an external assessment provides tangible insight and valid information to make informed decisions before the strategic planning process. Next, an internal organizational review will set a baseline for organizational capabilities and culture (Riboldi, 2019). Conducting a SWOT analysis will identify the organization’s strengths, weaknesses, opportunities, and threats.

Leaders or senior management must be agile to adapt the strategy to capitalize on strengths and opportunities while offsetting potential threats. In conjunction with an internal and external assessment, a review of organizational mission and vision is critical in inspiring leaders to embrace strategic planning toward achieving meaningful goals (Riboldi, 2019). Strategic planning involves ideation and analysis, which ultimately lead to critical decision-making. Therefore, corporate leaders must be rigorous in communicating the plan through the company’s mission and vision.

Furthermore, the strategic plan must align and delivers on organizational goals. Thus, defining functional objectives and specific initiatives that activate the plan is important (Riboldi, 2019). Objectives should be measurable, distinct, and align with the company’s mission. Nonetheless, resources, champions, and sponsors help operationalize the strategic plan. Riboldi (2019) stated that the primary sponsors of the plan are senior leaders who further manage the budget and staff needs. Subsequently, the leaders must track progress regularly to make necessary changes, which includes reviewing and revising the plan. Tracking progress allows a company to reevaluate priorities based on past successes and failures. The steps will ensure that an organization remains on the right track to ensure the success of its strategic planning. Additionally, repeating each step is an effort toward maintaining a long-term perspective and making measurable progress toward achieving organizational goals and vision.

AlQershi, N. (2021). Strategic thinking, strategic planning, strategic innovation and the performance of SMEs: The mediating role of human capital . Management Science Letters , 11 (3), 1003-1012. Web.

Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement . John Wiley & Sons.

Rana, R. A., Rana, F. Z., & Rana, H. A. (2017). Strategic planning role in nonprofit organizations. Journal for Studies in Management and Planning , 3 (6), 166-170.

Riboldi, J. (2019). The seven keys to successful strategic planning . Forbes . Web.

Cite this paper

Select style

• Chicago (A-D)
• Chicago (N-B)

BusinessEssay. (2023, December 26). Strategic Planning in Business. https://business-essay.com/strategic-planning-in-business/

"Strategic Planning in Business." BusinessEssay , 26 Dec. 2023, business-essay.com/strategic-planning-in-business/.

BusinessEssay . (2023) 'Strategic Planning in Business'. 26 December.

BusinessEssay . 2023. "Strategic Planning in Business." December 26, 2023. https://business-essay.com/strategic-planning-in-business/.

1. BusinessEssay . "Strategic Planning in Business." December 26, 2023. https://business-essay.com/strategic-planning-in-business/.

Bibliography

BusinessEssay . "Strategic Planning in Business." December 26, 2023. https://business-essay.com/strategic-planning-in-business/.

• Business Strategy for Firm Functioning
• The Coca-Cola Corporation’s Business- and Corporate-Level Strategies
• The Nika Company’s Advertising Business Plan
• Victoria’s Secret Strategic Alternatives Analysis
• Morgan’s Healthcare Organization’s Strategic Plan
• Turkish Airlines Strategic Analysis
• The Quick Bites’ Food Truck: Business Plan
• Zoom: The Strategic Decisions
• Nails Zone: Business Model and Plan
• The Strategy Development Field

168 Business Planning Essay Topics

🏆 best essay topics on business planning, ✍️ business planning essay topics for college, 👍 good business planning research topics & essay examples, 🌶️ hot business planning ideas to write about, 🎓 most interesting business planning research titles, 💡 simple business planning essay ideas, 📌 easy business planning essay topics.

• Boeing Business Strategy: Analysis of Plan & Objectives
• The Challenge of Long-Term Strategic Planning in the Modern Business
• HP Business Strategy & HP Strategic Plan Analysis
• Herbal Company’s Business Plan
• Karak Shop Business Plan
• Business Plan: Tinapa Natura
• Business Plan of Personal Fashion Market and Clothing
• Healthy SoftDrinks Inc: Business Plan This paper is a business plan for Healthy SoftDrinks Inc. and involves the product concept, development, costs, market and industry analysis, current and future business ventures.
• Sanford Sandwich Company Business Plan Sanford Sandwich Company is a newly formed business that deals with the production of the finest sandwiches manufactured with natural ingredients and the best bread.
• Business Plan for a Screw Factory Screws production is essential for sustaining the furniture and equipment related business. This paper presents a business plan for a screw factory.
• Tourist Application Business Plan This paper provides a business plan for creating a tourism application in Oman to stimulate domestic tourism and information technology.
• A Business Plan for a Home Construction Company This paper is a personal business plan for a small company constructing various buildings for disadvantaged individuals, it will also discuss the key strategies for its foundation.
• MBA Programs: Business Plan Proposal This plan aims to be a solid basis for the pursuance of the MBA programs that will guide the operations and management of the University.
• Tinto Wine Bar’s Business Plan and Marketing Project Tinto will be a full-service wine bar, tasting place and retail seller. Its wine selection will consist of hand-picked wines that meet only the highest expectation.
• PepsiCo Firm’s Integrated Business Planning PepsiCo’s transition to integrated business planning (IBP) seems rather convenient and beneficial for advancing financial integration and other crucial aspects.
• Business Planning Process and Techniques The business process involves defining the company’s objectives and goals and the determination of the necessary resources that may be needed to achieve the objectives and goals.
• The Funding Request of the Business Plan The coffee shop’s uniqueness is in aromatic tea and fragrant coffee, freshly baked pastries and bakery, cozy atmosphere, and pleasant music.
• Business Plan for a Full-Service Beauty Salon Creativity and artistic displays for the latest trends in the contemporary haircuts and beauty industry are critical, given the experience and hiring strategy at our disposal.
• Hewlett Packard Enterprise: Business Plan Hewlett Packard Enterprise follows the principles of an overall inclusion and aims to create equal opportunities for both employees and clients.
• Certified Nurse Assistant Preparatory School: Business Plan The mission of the Certified Nurse Assistant Preparatory School is to provide educational opportunities that are focused on both theoretical knowledge and practical skills.
• Super Greens Organic Food Restaurant’s Business Plan ‘Super Greens’ restaurant is a new medium-sized restaurant to be located in a busy locality of Westminster in the neighbourhood of some aristocratic areas.
• The Amazon Firm’s Strategic Business Plan The purpose of this strategic plan is to assess the effectiveness of current and future business operations and strategies at Amazon.
• Business Strategy and Plan for Beckman Coulter Beckman Coulter can expand the market it serves in Oman by increasing testing in hospitals and using customer product reviews to determine changing needs.
• Yalla Momos Restaurant Business Plan in Dubai The analysis of the Yalla Momos restaurant’s issues, as well as the evaluation of possible interventions using the right marketing strategies, can help the owners to solve some problems.
• Glamour Banquet Hall’s Business Plan Glamor Banquet Hall will position itself as a provider of exceptional services and products at relatively less expensive cost than competition while leveraging event technologies.
• Creating App in Healthcare: Business Plan In order to create the most effective app in healthcare, it is necessary to monitor trends in this area and implement them.
• Mike Bike Advanced Firm’s Business Plan Mike bike advanced is a stimulating system business that entirely deals with computers. It can also act as an interactive tool that can be used in learning business subjects.
• Green Apple Restaurant: Project Business Plan The business plan of Green Apple restaurant is going to focus on the nook and corners of introducing a new organic food restaurant at Al Khalidiyah mall location in Abu Dhabi, UAE
• Wheatgrass Company’s Business Plan The developing wheatgrass company has strong advantages over the rival industries. It supports ecology-friendly products and maintains efficient production support.
• “Trendsetters Glamorama” Beauty Salon Business Plan Sample Trendsetters Glamorama is a proposed full service salon and day spa with an upscale and therapeutic atmosphere for a premium price.
• Business Plan: Smooth Residential Cleaning Services Limited The paper provides a business plan for Smooth Residential Cleaning Services Limited, which is a new business that will offer home cleaning services to its clients.
• ASOS Company: Business Plan, Fashion Sector ASOS is a global online fashion and beauty retailer and offers more than 50,000 different product lines for men, women and children.
• Muja’s Poultry Farm’s Business Plan Muja’s Poultry farm raises domesticated birds in order to harvest them for meat, eggs, and feathers to be used in other types of production.
• Girlfunk Jewelry Company’s E-Commerce Business Plan The Girlfunk Jewelry specializes in the sustainable jewelry targeting the celebrity customer segment. It has a strategic e-commerce platform for ordering handmade jewelry designs.
• The Lake Side Restaurant Business Plan The Lake Side restaurant has several advantages since it will recruit trustworthy staff, including waiters, who will connect with clients.
• LMNE Gaming Lounge’ Business Plan The purpose of the essay is to critically evaluate the business plan developed for a gaming lounge LMNE which will be located in the Norwich area of the UK.
• Moo Boutique’s Detailed Business Plan Moo Boutique’s mission is to create farmhouse-style crafts, eccentric gifts, holiday décor, repurpose furniture, and love all things vintage.
• Business Plan for Star-up Online Candy Company To ensure the success of the online candy shop, the owner will employ different marketing plan strategies. The online candy shop satisfies the needs of its target clients.
• Eddies Southern Barbecue Restaurant’s Business Plan The article presents a business plan for the opening of a southern-style Bar-BQ restaurant with a description of the menu, slogan, pricing and general marketing strategy.
• Golden Child Daycare’s Business Plan The current business plan is prepared to determine the viability and possible success of a new business that will operate under the name Golden Child Daycare.
• The Planning Process in Business The planning stage will involve priority recognition, so the main thing to be characterized by the company goals is to determine what will be done during the planning process.
• Business Plan and New Product Marketing This research essay deals with how to write about an effective business plan when introducing new products in a market in detail.
• Pamperzhou Day Spa Business Plan and SWOT Analysis This business plans reflects the developmental trends of Pamperzhou Day Spa, financial performance of the spa, and projects its strategy and developmental goals for the future.
• Business Planning and Strategic Planning Many people confuse the terms and do not see the difference between business and strategic plans. This paper aims to provide a comparative analysis of two phenomena.
• Mr. Karak Business Plan The purpose of this business presentation is to make a case for Mr. Karak’s business model and describe how it will claim its market share. Chai Karak combines the noble taste of the finest black teas.
• Bright Eyes Daycare’s Business Plan Bright Eyes Daycare aims to prepare its students to prosper as young leaders of the future generation by using an entire competency-based curriculum.
• Creating Personal Business Plan Firstly, when creating a personal business plan, the author will monitor the situation in the labor market to have an idea of other companies’ activities.
• Business Plan Critique: Live-e-Care Live-e-Care is a web based customer service supports venture that have planned to enter into a market of e-business
• Lala Coffee Shop’s Business Plan Our start-up company’s name is Lala Coffee Shop. The company used the name “Lala” as it is a Hawaiian name meaning “famous”.
• Muja’s Poultry Farm’s Business Plan and Management The paper describes Muja’s Poultry Farm as well as its products and services, business location, equipment, and the documents required for launching the venture.
• DramaProx Productions Company Business Plan The business plan is about DramaProx Productions, which is a startup company dealing in the production of drama programs for the UK entertainment industry.
• The Strategic Planning, Strategic Business Plan The role of planning in business cannot be underestimated since it helps to prevent a range of negative outcomes from taking place.
• Spot Garage Startup Business Plan The product development of Spot Garage falls under the diversification quadrant. Spot Garage is a new app, which will help customers to locate garages in the UK.
• Walmart Corporation’s E-Commerce Business Plan The paper discusses Walmart’s e-commerce business plan. It is a retail corporation that runs businesses in different parts of the world with its headquarters in the US.
• The Strategic Planning in Business Strategic planning is the initial stage in the development of a plan of action. It will determine the structure of the involvement and the future distribution of resources.
• Pink Label Hair Company’s Business Plan The present business plan is dedicated to an overview of Pink Label Hair Company, a limited liability entity, operating in the cosmetics and beauty industry.
• Thai-Lay Company’s Business Plan Outline Thai-Lay Company is planning to enter the UK garment industry. The UK garment industry is providing a large number of customers having different tastes and needs.
• Needs-Based Business Plan and Project Management Based on the investigation of the needs of the correctional institution that is the workplace of the researcher, the paper offers a business plan that will target its issues.
• Global Link Computer Services Company’s Business Plan The proposed name of the company is Global Link Computer Services (GLCS). It will be located on the northern edge of Doha, Qatar.
• The NEWCO Business Plan: Due Diligence The NEWCO business plan touches upon the opportunities for further growth of the business, supporting the analysis of needs that people in non-electrified areas in Africa have.
• Herbal Company’s International Business Plan The purpose of this business plan is to acquaint all potential investors with Herbal LCC going global, including marketing, managerial, and financial strategies.
• Dubai Television Matrix Company’s Business Plan The Dubai Television Matrix company’s aim and mission are to become one of the biggest streaming services in the United Arab Emirates.
• Enterprise Resource Planning for Small Business The following essay discusses why small business enterprises have become the target market for most of the enterprise resource vendors.
• The Self-Care App: Business Plan The self-care app unities such routines as dietary habits, sleeping patterns and quality, exercise, work-life balance, period tracking, and mental health monitoring.
• YA.SI.GA.MO.MA.GE Company: Business Plan The YA.SI.GA.MO.MA.GE company’s mission is to offer excellent interior decoration services, and this paper aims to provide a business plan for it.
• Business Plan of Pharma Supplies Pharma Supplies is a medical courier company that will transport medical tools to patients and healthcare practitioners and deliver patients to health facilities.
• Business Planning and Analysis The paper discusses Business planning and analysis. In planning for a business operation, the guidelines outlined in the International Accounting standards should be observed.
• Business Planning Process for Entrepreneurs A business plan is a written description of the future of a business. It is a tool for entrepreneurs to implement their business goals.
• Wheatgrass Smoothie Production Business Plan The paper presents a business concept of wheatgrass smoothie production. It reports on management structure, market needs, financial projection, and possible investments.
• E-Business Plan: Digital Platforms for Development The global information network Internet plays an important role in developing a modern market economy, being its essential element.
• Air Travel Business Plan: The Real Cost of Training Before the analysis and the implementation of potential solutions, it is vital to assess the underlying issues that are contributing to the current excessive costs of travel.
• Cinematography and Animation Courses in Nigeria: Business Plan Courses in cinematography and animation in Ibadan require developing a specific business plan for its further implementation to launch a start-up.
• Bear Stoned Park: Business Intelligence Development Plan This paper discusses the decision-making model currently used by Bear Stoned Park (BSP), a clothing brand focused on the 420 lifestyles for adults.
• Green Office Company: Business Plan The U.K.’s sustainable furniture industry is significantly young, based on the number of players and sales per year.
• Strategic Planning in Business Tactical planning is a method for determining and recording the course that small firms pursue. Evaluating the path is the key step in determining it.
• The Investment Risk Management Firm’s Business Plan The mission is to minimize investment risk through a competent approach to cost forecasting and developing an investment strategy for project implementation.
• Hobby Store Business Plan of Market Growth In this business plan, the discussion focuses on how the hobby company can prepare for and achieve growth in the market, looking at the unique strategies the firm can embrace.
• Business Plan for Landscaping Business OneEarth OneEarth will operate as a sole proprietorship offering landscaping services to suburban communities in Oregon. There is the sales strategy.
• A Global Business Plan in India The top Indian companies that operate in the ICT industry are Tata Consultancy Services (TCS), Infosys, HCL Technologies, and Wipro (GlobalEDGE, n.d.-a).
• Walter de Gruyter GmbH & Co KG: Business Plan Outline A clearly outlined focus of the company helps with the establishment of its business plans in the future. The main step that assists with this process is defining a firm’s vision.
• The Strategic Business Plan for the Product Tamazon 4 To optimize strategic business planning, a company must properly define its goals and conduct extensive research to properly understand industry trends.
• Business Plan Presentation and Its Specifics During the presentation of a business plan, a demonstration of passion is crucial because audiences need to see your engagement and interest in the business idea.
• The Importance of Planning in the Establishment of a Small Business The sustainability of a small venture is an important factor to consider for business owners since the development of a strategic plan helps maintain an enduring company.
• Succession Plan for Business: Why Is It Important? This paper aims to depict the importance of a succession plan for the success of a business to thrive in that particular industry and to avoid ambiguities while running it.
• Girl Talk Company’s Business Plan This paper presents a business plan for Girl Talk company including target market, competitive advantage, management team, the funding required, mission, vision, and values.
• All Colors of the Rainbow Organization’s Business Plan The document discusses workforce-related plans of All Colors of the Rainbow – a newly-established organization to support financially disadvantaged students in Michigan.
• Nevus Laser Removal: Mini Business Plan Project of clinic Cosmetic and Breast Reconstruction is a new laser machine – both a multi-faceted concept and beneficial venture that will certainly be in high demand among the patients.
• Action Plan for Business: Key Aspects Budget, stock prices, amounts of shares sold, earnings and customer return rate are all measures of control for a business.
• Business Plan and All Aspects That Includes Successful Fashion Industry According to recorded research, the fashion industry keeps on evolving every decade, and it is unlikely that a particular trend will spread past one decade.
• Business Plan Analysis and Critique of Abaka Company The company, Abaka Energy Solutions, develops a unique plan aimed to support local underdeveloped societies and introduce renewable energy solutions in these regions.
• Thai Lay Fashion Company: Business Plan Suitable business plans have to be formulated for managing the business successfully at each stage of the business growth cycle.
• Strategic Management: Art of Planning Business Strategic management is the so called art of planning business at the highest level and to the greatest extent.
• Business Plan of Thai Lay Garments It is necessary that Thai Lay develop niche products like woolen sweaters and cashmere products, which are its main selling product lines.
• Spirited Company Pty Ltd.’s Business Plan and Pitch Spirited Company Pty Ltd has done extensive market research and collected substantial information regarding its archetype customer.
• Use of Microsoft Excel for Proper Business Planning This essay ,therefore, explains how Microsoft excel can be properly used in business planning to reduce or avoid problems.
• Joe’s Red Hots Company’s Business Plan The paper is aimed to discuss the Joe’s Red Hots company and find out about the company`s history on the repayment of the loans with other companies.
• CLC Business Plan: Healthcare Industry The Community Health Program (CHP) of the American Heart Association and hypertension (AHA) is designed to enter Phoenix, AZ, healthcare market.
• Business Plan: Generational Health and Fitness This business plan is prepared to provide details of the proposed business Generational Health and Fitness (GHF) which will operate in the fitness industry.
• Living Foods Company’s Business Plan The proposed business is ‘Living Foods,’ which will produce and sell microwaveable healthy grilled-food items in the UK.
• Smith Photo Incorporation’s Business Plan Smith Photo Incorporation will provide its services to its clients through our commercial location in the backyard of private residential property.
• Saint Louis Medical Center: Business Plan Assignment The purpose of the present assignment is to evaluate the feasibility of a business plan for the project and to outline the project’s strengths, weaknesses, and critical considerations.
• Romastrano Incorporated’s Business Plan Review Romastrano does not feature a large menu, limiting itself to only one type of sandwich as well as several small amenities in the form of teas, salads, and beverages.
• Business Centre in Abu Dhabi: Business Plan This study presents a business plan for a Business Centre that provides communication skills for non-Arabic-speaking people working and doing business in Abu Dhabi.
• Kio Technical Support Company: Business Plan The paper presents a business plan for Kio Technical Support as a new firm operating in London. It includes a business concept, feasibility analysis, and a business model.
• Business Plan of Veteran Fitness Center This paper outlines a business proposal for a fitness center in Sharjah for military veterans who do not have health coverage for physical fitness.
• Progressive Corporation’s International Business Plan Progressive Corporation could consider alliances with strategic insurance companies that are already in the Belgian market such as Allianz Belgium, Almarisk, and Belfus.
• Collaborative Learning Community Business Plan The collaborative learning community business plan is a team effort to design a method of community health improvement.
• Collaborative Learning Community’s Business Plan Models A business plan is a laborious undertaking that is thought of as an integral part of an entrepreneurial journey.
• The Awaken Delaware Project: Business Plan The Awaken Delaware Project will become the platform for managing patients’ needs more carefully. In addition, the combined framework will help to approach each case independently.
• Wellness Coach Health Practitioner Business Plan The Wellness Coach Health Practitioner (WCHP) project is a business plan that implies providing the combined services of a wellness coach and a health practitioner to customers.
• Collaborative Learning Community’s Six-Point Business Plan Collaborative Learning Community Business Plan should consist only of six parts suggested by Volker and Phillips to keep it concise, captivating, and enthusiastic.
• The Paint Party: Online Business Plan’ Analysis The mission of the Paint Party is to provide unique service to amateur and intermediate painters with a view of enabling them to hone their artistic skills.
• New Owner Business Plan: Swim in Greek This paper presents the new owner business plan called “Swim in Greek” – an organization that sells sorority and fraternity Greek swimsuits.
• Kark Shop Business Plan Kark Shop is a new tea shop in Muscat, Oman that is aimed at the provision of quality flavored tea to customers around Muscat and other parts of Oman.
• Global Strategic Business Plan in International Business This paper will provide the proposals for developing a strategic plan for expanding business to Russia and potential problems, which might emerge in this process.
• ‘ABC Graphics Company’ Publishing Firm Business Plan ‘ABC Graphics Company’ is a home-based desktop publishing company, which started its journey to offer creative and innovative products.
• Small Business Planning and Strategy: Stable Diet Stable Diet is a small business enterprise based in Ireland. Essentially a baking business with products like cakes, breakfast cereals and flapjacks.
• Art Gallery Centre Business Plan In a Art Gallery Centre business plan presented on the main aspects of the venture, the conclusion was that there is a high level of profitability that the business will be successful.
• The Role and Importance of Business Planning
• Aligning Employee Planning With Business Planning
• Building Planning Skills for Public Health Business Planning
• The Business Planning Process: The Main Steps to Creating a New Plan
• Current Trend Changing and Business Planning
• Business Plan Analysis: Impacting the Business Planning
• Leading Edge Business Planning for Entrepreneurs
• Entrepreneurship and Business Planning
• The Need for Strategic Business Planning and Management
• Business Planning and Decision Making
• Understanding Managers’ Preferences for Internal Markets Versus Business Planning
• Financial Planning and the Business Planning Process
• Business Planning and Firms’ Performance Moderating Effect of Cultural Context
• Sustainable Competitive Advantage for Strategic Business Planning
• Implementing Integrated Business Planning
• Legal Issues, Ethics, and Corporate Social Responsibility on Business Planning
• Business Planning and Finances in Healthcare
• Stochastic Dominance and Mean-Variance Measures of Profit and Loss for Business Planning and Investment
• Cost and Management Accounting: Business Planning & Process
• Business Planning for Enduring Social Impact
• Strategic Management and Business Planning for Emirates Airlines
• Business Planning: Its Importance, Types, and Key Elements
• Planned and Emergent Approaches to Marketing Band Business Planning
• Essentials for Successful Business Planning
• Business Planning for Electrical Engineering
• How Knowledge Shapes the Scope of Early Business Planning?
• Business Planning and Market Strategy
• A Better Way to Drive Your Business: Business Planning
• Global Business Planning for Spain
• Business Planning for the Self-Employed and Their Important Role Within the Economy
• Planning for the Market: Business Planning Before Marketing and the Continuation of Organizing Efforts
• Enterprise Business Planning in a Connected World
• Business Planning and Principles of Practice Management
• Strategy and Portfolio Management Aspects of Integrated Business Planning
• Business Planning and Talent Management
• The Multiple Effects of Business Planning on New Venture Performance
• Business Planning: Types of Business Plans and Their Importance
• The Value of Business Planning Before Start-up
• Does Business Planning Improve Organizational Performance?
• Business Planning Strategy and Its Critical Importance in 2023
• Improving Forecasts With Integrated Business Planning
• Business Planning: Everything You Need to Know
• What is Business Planning? Definition, Tips, and Importance for Business
• Business Planning for Nonprofits
• Moving Enterprise Business Planning Into Action
• Effective Business Planning: A Key to Successful Enterprises
• Benefits of Strategic Business Planning
• Ryanair Strategic Management and Business Planning
• Business Planning and Venture Level Performance: Challenging the Institution of Planning
• How to Scale Your Business With Effective Business Planning

Cite this post

• Chicago (N-B)
• Chicago (A-D)

StudyCorgi. (2023, January 27). 168 Business Planning Essay Topics. https://studycorgi.com/ideas/business-planning-essay-topics/

"168 Business Planning Essay Topics." StudyCorgi , 27 Jan. 2023, studycorgi.com/ideas/business-planning-essay-topics/.

StudyCorgi . (2023) '168 Business Planning Essay Topics'. 27 January.

1. StudyCorgi . "168 Business Planning Essay Topics." January 27, 2023. https://studycorgi.com/ideas/business-planning-essay-topics/.

Bibliography

StudyCorgi . "168 Business Planning Essay Topics." January 27, 2023. https://studycorgi.com/ideas/business-planning-essay-topics/.

StudyCorgi . 2023. "168 Business Planning Essay Topics." January 27, 2023. https://studycorgi.com/ideas/business-planning-essay-topics/.

These essay examples and topics on Business Planning were carefully selected by the StudyCorgi editorial team. They meet our highest standards in terms of grammar, punctuation, style, and fact accuracy. Please ensure you properly reference the materials if you’re using them to write your assignment.

This essay topic collection was updated on January 5, 2024 .

Business Insights

Strategies for success: 8 tips to craft a winning business essay, april 20, 2023.

In this article, we will explore eight key tips that will guide you toward success in creating a winning business essay . From understanding the nuances of the subject matter to presenting your ideas with clarity and conviction, these tips will empower you to craft a remarkable piece of written work. 

8 great tricks for writing a winning business essay

When it comes to writing a winning business essay, using effective strategies can make all the difference. By implementing the following eight tips, you can enhance your essay’s quality and increase the chances your business writing has a maximum impact on your target group of people.

Choose a topic

The first step in writing a great college assignment is choosing the right topic. Often students are given topics to work with, simplifying things as they only need to ensure that their content aligns with the subject and the project’s scope. When handed the freedom to choose, however, you have to make sure that your business topic is relevant, interesting, and narrow enough to be covered in the length indicated. For the best topic, review available evidence through preliminary research, ensuring that there are enough sources to support your writing. 

Brainstorm and outline

Once you have understood what is expected, brainstorm ideas and create an outline. Outlining saves you time and ensures you stick to the topic. It includes your main points and allows you to gather evidence and examples for your essay. Write down what you can think of relating to the topic for a good outline.

You can develop these ideas further in readiness for the writing process through research. Sure, you will need to create a thesis statement to guide you with the outline. A thesis is a statement or two at the end of your opening paragraph, presenting your primary argument and telling readers what to expect from the writing. 

Follow the right format

Use the conventional format to create your essay, opening with a good introduction before going into the body paragraphs. Only have one idea in each paragraph, explaining it in detail using evidence before moving to the next idea. Use transition phrases and sentences to tie your writing together. 

Stick to the right note

Your tone of voice, when you write a business document, matters as it helps you establish and balance your brand. Experts indicate that business writing demands consistency across all written communications. It means creating a unique voice to maintain in all your documents, allowing audiences to identify with your material.

When prospects and potential clients view the material, they should instantly associate it with your product. It is ok if you need to learn how to create an outstanding paper; you can always hire a reliable service like EssayUSA to work on your task. 

Get to the point quickly

There is no place for small talk in business writing. Readers will have limited time to consume your content; you cannot spend it going through unnecessary information. So, to create exceptional writing for business. Ensure that you get to the point as soon as possible. You don’t want to distract your readers before they get to listen to your main message.

Your safest bet is ensuring your content is scannable, allowing readers to find the most crucial information in your essay easily. If possible, include headings and subheadings in your writing, making sure the structure of your document is easily accessible to your readers. 

Be clear and concise

One of the vital things you can do when writing a business document is to ensure clarity and conciseness. Experts recommend using plain language to write business papers. There is no need for lengthy and distracting paragraphs. You need to keep your writing short and clear, articulating your points in as few words as possible.

Expert writers also use specifics to highlight their points, avoiding being vague in their business writing. Always keep the goal of your writing in mind throughout the process.

Avoid clichés and jargon

Read and understand the instructions.

When writing a business essay for an academic project, there will be a set of instructions you are expected to follow. These indicate what the student will achieve within the project’s scope and outline elements like formatting, citations, length, and the number of sources. Before writing your assignment, ensure these guidelines are clear by reading them multiple times. Ask your professor to clarify elements that seem vague or complicated. 

Crafting a winning business essay requires a combination of skill, knowledge, and creativity. By implementing the eight tips discussed in this article, you can create an impactful essay that will impress your professors, colleagues, or clients.

With practice, persistence, and dedication, you can achieve success in the world of business essay writing. So, start writing, and let your words inspire and captivate your readers.

More must-read stories from Enterprise League:

• Why hiring millennials might be the best decision you can ever make.
• The only list of novels for entrepreneurs that you will ever need.
• Foretelling: transform your business by predicting future trends .
• Unique and profitable drone business ideas you should be aware of.
• What do successful people sacrifice in order to achieve their dreams .

Related Articles

Crafting a winning SEO strategy for maximum traffic

Apr 9, 2024

Search engine optimization is a key tactic in digital marketing, so let’s explore the key components of a winning SEO strategy to increase your website visits.

32 top legal tech startups in 2024

As technology intrudes in the legal industry, new innovative legal startups with amazing solutions are revolutionizing the whole industry and making justice accessible to everyone.

Surprising impact and benefits of LASIK for businesses

This article explores the benefits of LASIK, addresses common concerns, and highlights its strategic value for professional success and business growth.

Most Popular

• Why payment gateways are the backbone of online transactions today 11 Apr, 2024
• 16 trending catering business ideas in 2024 11 Apr, 2024
• How to transform negative buyer experiences into something positive 11 Apr, 2024
• 40 amazing entertainment startups you need to know (2024) 11 Apr, 2024
• HR in onboarding new employees: Responsibilities and best practices 10 Apr, 2024

Importance of Planning Essay Example

Plans are something we often do in our daily life. In our everyday life, we always make plans one such example is planning our expenses when buying certain products with a list, here we plan out how we are going to spend, what can and how many products will I be able to afford with what I have. Just as we use planning in our everyday life, this extends to the business side of things like how we plan to improve previous weaknesses and fix blunders if made and done correctly; it is possible to do so. Based on what I read and my existing knowledge regarding planning, I can summarize what planning is, its importance, advantages, limitations, and most importantly how one can overcome said limitations to give it higher chances of success. We know that businesses be it already existing ones or new ones yet to be made all start with planning. 

Planning done knowing what we can realistically reach and what we may reach based on results must always be considered when making plans as it will be essential to its success. Planning is a way to prepare and take notes on how we should proceed about a particular goal or task in mind. In a business sense, one of the core reasons for planning is to make a profit by assessing what is possible with our current resources. Making a plan that is impossible with what you currently have is essentially a plan that is no doubt going to fail which is why knowing limitations will help one organize plans better. The right mindset should be starting with what we have and then growing it from there until we reach new heights, something we previously can’t achieve at the time, and like so the general logic is that as we grow our businesses, what we can do also rises with it. 

The importance of planning is that it lets one focus on a goal and with that goal in mind, we can make decisions that will help us get closer to that goal as well as thinking of future directions we can take for when we get to that point making new objectives to reach afterward. The advantages of planning include being able to identify threats to our business, what opportunities we can take, how we can adapt to changes in the environment, what countermeasures do we have for problematic scenarios, do we have full control of the situation, how are we going to effectively and efficiently use our workforce so that unnecessary tasks are lessened and lessening of risks we can encounter are some of the more known advantages and there are a lot more to list. That being said, the limitations involving planning leans on what available resources are at hand which I have previously reiterated many times throughout this reflection along with the fact that planning is costly, and it will not always go the way we want due to many factors such as time restraints, inflexibility, external factors, and the like. 

To overcome such limitations, it is imperative that in planning, we should consider proper and realistic objectives that can be met and understood by employees, the managers in the business having a means of obtaining accurate information about situations in the business so that it gets addressed correctly and them having initiatives to make beneficial decisions, careful planning about what may happen in the future and making countermeasures in place so that we are prepared for when issues arise, keeping track of current resources and having a means of having alternatives, having flexibility so that the business can change with regards to external change and lastly making it so that the plan will incur more benefits than the costs made to sustain it. 

My conclusion for this paper would be that all in all, planning is the core and preparation of sorts before doing things to reach the goals we have in mind and for it to be successful, we must always know what is realistic at the moment and knowing our limitations makes ways to overcome them and with this mindset will one be able to make an effective and efficient plan in incorporating various ideas for the improvement of a business.

Related Samples

• Narrative Essay on PC Building
• When the summer holidays arrive. Narrative Essay Example
• Essay On Active Lifestyle: Why You Should Go Outside 30 Minutes a Day
• 2020 Has Been A Tough Year Essay Example
• Informing Memory Statement on Witness Marks: Anatomy of a Memory
• Is College Worth the Time and Money?
• Essay on Four Day Work Week
• Importance of Meaningful Work in Success (Essay Sample)
• My Personal Values Essay Example
• Reflective Essay about Positive Perspective on Life

Didn't find the perfect sample?

You can order a custom paper by our expert writers

Business Essay Examples

13 Business Essay Examples for Students

14 min read

Published on: May 1, 2023

Last updated on: Jan 30, 2024

Share this article

Are you struggling to figure out the structure, research, or data required to make your essay stand out? Or frustrated by the lack of inspiration and ideas for your essay?

But don't give up yet! We have a powerful solution that will make your essay writing a breeze. Our list of business essay examples is here to help! 

We have compiled expertly written business essay examples that will illustrate how to write a striking business essay.

With our examples, you'll be able to see how to structure your essay and generate creative ideas for your topic. And our tips will help you make the most of these examples.

So, let's dive in and get ready to learn!

On This Page On This Page -->

What is a Business Essay?

A business essay is a type of academic writing that focuses on business-related topics and issues. These essays can cover a wide range of topics such as marketing, finance, management, entrepreneurship, and more.

The importance of business essay lies in presenting a well-researched and informed analysis. To do this effectively, writers need to conduct extensive research and analysis on the topic at hand.

Referring to examples of business essays can help you gain insight into the structure, tone, and content of a well-written essay.

Business Essay Examples For Students

Here is a list of business writing examples

Business Essay Examples Pdf

Business Essay Example Grade 10

Business Essay Example Grade 11

A Level Business Essay Examples

University Business Essay Examples

International Business Essay Examples

Short Essay About Business

College Essay About Starting A Business

Types of Business Essay with Examples

When it comes to business essay writing, there are several different types that you might encounter. 

Here's a brief overview of each type, including their characteristics and an example of each.

Paper Due? Why Suffer? That's our Job!

Case Studies

A case study is an in-depth analysis of a specific business situation or problem. It involves extensive research and data analysis to provide recommendations.

Case studies often showcase the application of theory to real-world business scenarios.

Research Papers

Research papers involve a more academic approach to business writing. They typically require an extensive literature review, data analysis, and original research. 

Business research papers aim to contribute new knowledge to the field of business. These often involve a hypothesis or research question.

Argumentative Essays

Argumentative business essays aim to persuade the reader to adopt a particular point of view or take a specific action. They present an argument and use evidence and logic to support their claims. 

Argumentative essays can address various business topics such as management practices, ethical issues, or market trends.

White Papers

A white paper is a document that provides a detailed explanation of a particular issue or problem, often with recommendations or solutions. 

White papers are typically used to educate stakeholders about a specific topic. These are often used in the business-to-business (B2B) context.

Comparative Essays 

Comparative business essays compare and contrast two or more topics or ideas. They typically analyze the similarities and differences between the topics to evaluate their pros and cons. 

Comparative essays can focus on various aspects such as products, companies, markets, or strategies.

How to Structure Your Business Essays

As you begin writing your business essay, it's important to structure it in a clear and organized way. 

Here's a step-by-step guide with business essay samples to help you do just that:

Executive Summary

The executive summary is a brief overview of your entire essay. It should summarize your main points and highlight your recommendations. 

This section should be written after completing the essay, as it gives a clear picture of what the essay covers. 

Here is how you start a business essay sample:

Introduction

The introduction sets the stage for the rest of the essay. It should introduce the topic, provide background information, and explain the purpose of the essay. 

Here is a business essay introduction example:

Industry Analysis

In this section, you'll conduct a thorough analysis of the industry in which the business operates. You should examine factors such as competition, market trends, and customer behavior. 

Here is a sample industry analysis

Key Issues or Problems

This section should identify the main issues or problems faced by the business. You should provide evidence to support your claims and analyze the impact of these issues. 

Here is an example paragraph:

Solutions or Recommendation

Here, you'll provide solutions or recommendations to address the issues identified in the previous section. Your solutions should be well-supported and feasible. 

For instance:

Implementation Plan

For this part, you'll outline a plan for implementing the solutions or recommendations you've proposed. This is sort of a description of the business model you suggest. 

This section should be detailed and include specific action steps. 

For example:

Finally, you'll wrap up your essay by summarizing your main points and reiterating your recommendations. 

This section should be clear, concise, and impactful. 

By following this structure, your business essay will be well-organized, coherent, and easy to follow for your readers.

Tips for Using Business Essay Examples Effectively

Now that you have quite a few business essay examples at hand, you should know how to use them effectively:

• Use them as a guide, not a template : While it's great to learn from examples, you should never copy them outright. Instead, use them as a starting point for your own research and writing.
• Analyze the strengths and weaknesses of the essay : Take note of what works well in the example essay, as well as any areas that could be improved. This will help you understand how to make your own essay even better.
• Use them to inform your own research and writing : Pay attention to the research methods, sources, and evidence used in the example essay. This can give you ideas for your own research and help you strengthen your arguments.
• Avoid plagiarism and ensure proper citation: Whenever you use ideas or information from an example, make sure to cite your sources. This will help you avoid plagiarism and maintain academic integrity.

You now have a plenty of business essay examples on different topics to help you get started!

By following our tips and studying the sample essays, you can confidently write your own essays that are clear, concise, and impactful. 

However, if you still find yourself struggling with your business essays, just reach out to our professional business essay writing service . 

We have the best online essay writing service and are ready to provide you a high-quality business. Our writing service has subject specialist writers who can tackle any business essay topic.  

So why wait? Contact us today and let our AI essay writer take your business essays to the next level!

Cathy A. (Literature)

For more than five years now, Cathy has been one of our most hardworking authors on the platform. With a Masters degree in mass communication, she knows the ins and outs of professional writing. Clients often leave her glowing reviews for being an amazing writer who takes her work very seriously.

Paper Due? Why Suffer? That’s our Job!

Legal & Policies

• Privacy Policy
• Cookies Policy
• Terms of Use
• Refunds & Cancellations
• Our Writers
• Success Stories
• Our Guarantees
• Affiliate Program
• Referral Program
• AI Essay Writer

Disclaimer: All client orders are completed by our team of highly qualified human writers. The essays and papers provided by us are not to be used for submission but rather as learning models only.

The Planning Process in Business Essay

Planning in business is a management process concerned with defining the company’s path and direction and goals that are desirable to achieve. The software for planning is aimed to help its users to reach success and obtain considerable assets as soon as possible. It is the phase of the business performance management process.

nTask is one of the best choices to make the planning process easier and more efficient. This software contains the issue and budget tracking, risk evaluation matrix implementation, timesheets, charts, and the ability to invite stakeholders to share projects (12 best business plan software and apps in 2022, 2020). In addition, this application allows multitasking and project collaboration; however, there are no mind maps and templates available now. It is highly affordable: its basic plan is free, the premium version costs 3$ per month, and the business version 8$ per month.

ProofHub is another good software to help businesses with planning. It has many templates and chats for communicating with workers, and users can effectively manage teams with its features (12 best business plan software and apps in 2022, 2020). However, it has integrated with a limited amount of third-party applications: Google Drive, Dropbox, Box, Freshbooks. It is more expensive than nTask is: the essential plan costs 45$ per month, and the ultimate control plan is 89$ per month.

DMAIC model “is a data-driven quality strategy used to improve processes,” and its phases are: define, measure, analyze, improve and control (The define, measure, analyze, improve, control (DMAIC) process, 2022). The first phase assumes defining the problem and improving the opportunity for internal and external requirements. The second one is about measuring process performance; number three is “analyzing the process to determine root causes of variation and poor performance (defects) (The define, measure, analyze, improve, control (DMAIC) process, 2022). The fourth one improves the performance process, and the last phase is about controlling the improved process. By contrast, BPM phases are: strategize, plan, monitor, act, and adjust. The first focuses on the management process; the second one is useful for processing improvement. Although the methodology of these two strategies may be similar somehow, in practice, they are used for entirely different purposes and approached differently.

12 best business plan software and apps in 2022. (2020). Task. Web.

The define, measure, analyze, improve, control (DMAIC) process. (2022). ASQ. Web.

• Chicago (A-D)
• Chicago (N-B)

IvyPanda. (2023, March 30). The Planning Process in Business. https://ivypanda.com/essays/the-planning-process-in-business/

"The Planning Process in Business." IvyPanda , 30 Mar. 2023, ivypanda.com/essays/the-planning-process-in-business/.

IvyPanda . (2023) 'The Planning Process in Business'. 30 March.

IvyPanda . 2023. "The Planning Process in Business." March 30, 2023. https://ivypanda.com/essays/the-planning-process-in-business/.

1. IvyPanda . "The Planning Process in Business." March 30, 2023. https://ivypanda.com/essays/the-planning-process-in-business/.

Bibliography

IvyPanda . "The Planning Process in Business." March 30, 2023. https://ivypanda.com/essays/the-planning-process-in-business/.

• "Dropbox Buys Mailbox, an App With Some Buzz" by Jessica E. Lessin
• QuickBooks and Other Cloud-Based Accounting Applications
• Dropbox Company's Marketing Tactics and Mistakes
• Smoothing the Workflow through BPM
• Should Companies Monitor Employees at Work?
• Importance of Effective Communication in BPM Projects
• Business Process Management (BPM) and the Recession
• Differences between BPR and BPM
• The Myth of Multitasking
• Project Management Software: Uses, Advantages and Limitations
• ISO 9000: A Complex of International Management Standards
• Designing Productive and Satisfying Work
• Command Management: Emergency and Search and Rescue
• Adopting Change in the Business Arena
• Analysis of Edward Deming's 14 Points in Business

Presentations made painless

• Get Premium

101 Business Administration Essay Topic Ideas & Examples

Inside This Article

Business administration is a vast field that encompasses various aspects of managing and running a business. Students pursuing a degree in this field often have to write essays to demonstrate their understanding and knowledge. However, coming up with unique and interesting essay topics can be challenging.

To help you get started, we have compiled a list of 101 business administration essay topic ideas and examples. Whether you are looking for general business essay topics or specific areas of focus within business administration, this list will provide you with plenty of inspiration.

• The impact of globalization on business administration.
• The role of ethics in business administration.
• Effective leadership strategies for business success.
• The importance of diversity in the workplace.
• The challenges and opportunities of digital transformation in business administration.
• The role of technology in streamlining business operations.
• The impact of social media on business marketing strategies.
• The role of emotional intelligence in effective business administration.
• The significance of corporate social responsibility in business.
• The role of data analytics in decision-making.
• The impact of artificial intelligence on business administration.
• The challenges and opportunities of managing a remote workforce.
• The role of innovation in driving business growth.
• The importance of strategic planning in business administration.
• The impact of economic factors on business decision-making.
• The role of entrepreneurship in driving economic growth.
• The challenges and opportunities of international business expansion.
• The impact of government regulations on business operations.
• The role of organizational culture in shaping business success.
• The significance of effective communication in business administration.
• The challenges of managing a team in a multicultural environment.
• The impact of consumer behavior on marketing strategies.
• The role of supply chain management in business efficiency.
• The challenges and opportunities of sustainability in business administration.
• The significance of risk management in business operations.
• The impact of branding on consumer perception.
• The role of negotiation skills in business administration.
• The challenges and opportunities of managing a virtual team.
• The importance of talent management in business success.
• The impact of corporate governance on business performance.
• The role of market research in identifying customer needs.
• The challenges and opportunities of e-commerce in business administration.
• The significance of financial management in business operations.
• The impact of cultural differences on international business negotiation.
• The role of strategic human resource management in business success.
• The challenges and opportunities of managing a diverse workforce.
• The importance of customer relationship management in business growth.
• The impact of organizational structure on business efficiency.
• The role of change management in business administration.
• The challenges and opportunities of managing a crisis in business.
• The significance of employee motivation in driving business performance.
• The impact of market segmentation on product development.
• The role of project management in business administration.
• The challenges and opportunities of managing a start-up business.
• The importance of quality management in business operations.
• The impact of cultural intelligence on international business success.
• The role of performance appraisal in employee development.
• The challenges and opportunities of managing a multi-generational workforce.
• The significance of effective time management in business operations.
• The impact of organizational change on employee morale.
• The role of branding in building customer loyalty.
• The challenges and opportunities of managing a global supply chain.
• The importance of employee training and development in business success.
• The impact of employee engagement on business productivity.
• The role of strategic pricing in business profitability.
• The challenges and opportunities of managing a family-owned business.
• The significance of workplace diversity in fostering innovation.
• The impact of social responsibility on corporate reputation.
• The role of emotional intelligence in conflict resolution.
• The challenges and opportunities of managing a non-profit organization.
• The importance of effective marketing communication in business success.
• The impact of employee empowerment on business performance.
• The role of strategic alliances in business growth.
• The challenges and opportunities of managing a retail business.
• The significance of effective supply chain planning in business operations.
• The impact of organizational leadership on employee motivation.
• The role of strategic decision-making in business administration.
• The challenges and opportunities of managing a small business.
• The importance of innovation in service industries.
• The impact of employee satisfaction on customer loyalty.
• The role of organizational learning in business success.
• The challenges and opportunities of managing a global workforce.
• The significance of effective inventory management in business operations.
• The impact of corporate culture on employee performance.
• The role of ethical decision-making in business administration.
• The challenges and opportunities of managing a manufacturing business.
• The importance of market segmentation in targeted marketing.
• The impact of employee retention on business profitability.
• The role of strategic planning in crisis management.
• The challenges and opportunities of managing a tech start-up.
• The significance of effective customer service in business success.
• The impact of employee satisfaction on organizational performance.
• The role of organizational change in business growth.
• The challenges and opportunities of managing a global brand.
• The importance of effective project scheduling in business operations.
• The impact of corporate social responsibility on employee engagement.
• The role of strategic partnerships in business expansion.
• The challenges and opportunities of managing a service-based business.
• The significance of effective pricing strategies in business profitability.
• The impact of employee training on customer satisfaction.
• The role of organizational structure in fostering innovation.
• The challenges and opportunities of managing a hospitality business.
• The importance of effective supply chain coordination in business operations.
• The impact of leadership style on employee motivation.
• The role of strategic planning in managing organizational change.
• The challenges and opportunities of managing a franchise business.
• The significance of effective marketing research in business decision-making.
• The impact of employee recognition on organizational culture.
• The role of strategic alliances in global business expansion.
• The challenges and opportunities of managing a consulting business.
• The importance of effective financial planning in business success.

These 101 business administration essay topic ideas and examples cover a wide range of areas within the field. Whether you are interested in marketing, finance, human resources, entrepreneurship, or any other aspect of business administration, you are sure to find a topic that suits your interests and academic goals.

Remember to choose a topic that you are passionate about and conduct thorough research to gather relevant information and data. Good luck with your essay writing!

Want to create a presentation now?

Instantly Create A Deck

Let PitchGrade do this for me

Hassle Free

We will create your text and designs for you. Sit back and relax while we do the work.

Explore More Content

• Privacy Policy
• Terms of Service

© 2023 Pitchgrade