A well-designed plan lays out a vision of growth and the steps needed to get there. A plan is also an essential communications tool for attracting financing for your business as well as managers and staff as your business grows. Clarify Direction The primary purpose of a business plan is to define what the business is or what it intends to be over time. Clarifying the purpose and direction of your business allows you to understand what needs to be done for forward movement.
Additional resources This guide is based on the Publication Manual of the American Psychological Association6th ed. All page and section numbers refer to this manual. For in-depth APA paper and citation formatting books, articles, websites citing business plan The Publication Manual of the APA 6th edition includes scant information about how to cite document types common to business; in some cases there are different ways to interpret how to cite a specific item.
The manual does state that when it offers no examples for the type of document to be cited, then you should find the closest example and use it to build your citation, which is what we have done with this guide see p. The important thing is to be consistent in the way you citing business plan documents, and include information necessary for locating and identifying your source.
If in doubt, ask a librarianor contact your instructor.
Number all pages consecutively, beginning with the title page, in Arabic numerals e. You need to cite and document any sources that you have consulted, even if you presented the ideas from these sources in your own words. You need to cite to identify other people's ideas and information used within your essay and to inform the reader of your paper where they should look if they want to find the same sources.
A citation must appear in two places in your essay: In reference lists, capitalize only the first word of the title and of the subtitle, and proper nouns.
According to MarketlineIf there is no date of publication, use the abbreviation n. It is acceptable to abbreviate long names in the second and following in-text references.
Just be sure to give the reader enough information to be able to match the in text reference to the citation in the reference list. In this case, use paragraph numbers preceded by the abbreviation 'para. If a source contains neither page nor paragraph numbers, cite the heading shorten the heading if it is long Rule 6.
Reference list The list of sources at the end of the paper bibliography is called the reference list in APA.
The reference list must include all references cited in the text of your paper. If you have multiple publications by one author from different years order them earliest to latest: If there is no author available, use the title as the author in alphabetical order.
Second and subsequent lines of each entry are indented spaces. Double-space between all lines of your work, including references. When citing books, reports, and most other items except periodicals magazine and journal articlescapitalize only the first word of the title and of the subtitle i.
Online sources - retrieval statements APA's guidelines for citing online sources recommend using digital object identifiers DOIsavailable on items such as e-books and journal articles.
To find a DOI a helpful tool is crossref. However, many common business sources do not have DOIs. This is especially true when you are using material found in databases like Business Source Complete full text from thousands of sources.
For these databases that bring together material published elsewhere you would use the publisher's URL. In many databases like Business Source Complete you will find the publisher's URL at the bottom of the 'publication details' or 'source' page for the article, industry report, etc Same author, multiple publications in one year When citing two or more sources with the same author and year, order them by date of publication if applicable, with the earliest month first.
If there is only a publication year or the dates are the same, order them by title alphabetically. This will allow you to specify which one you are citing in text.
According to Euromonitor International bEgypt's recession had ended by Consumer lifestyles in Egypt. Use "adapted" if you have altered the table.If you use a strategic business plan as a resource in preparing a research paper, you need to cite it. Citations add credibility and believability to research findings and conclusions while acknowledging use of another person's work.
The plan should include an introduction, marketing, financial management and operations information. Place citations in the bibliography section of your business plan and be sure to format them consistently.
For example, a book in MLA style would be cited as follows: Ferguson, Niall. The Ascent of Money: A Financial History of the World. New York: Penguin Press, Cite a website following APA style, as follows: Hammock, Ann. (, . It's at the end of your business plan, but the financial plan section is the section that determines whether or not your business idea is viable, and is a key component in determining whether or not your plan is going to be able to attract any investment in your business idea..
Basically, the financial plan section consists of three financial statements, the income statement, the cash flow.
While the APA provides clear-cut instructions for citing standard publication types, some business resources have unique elements that make it necessary for us to make an interpretation of the APA rules.
Some of the examples provided on this guide are adaptations made by the Bentley Library's reference librarians for the Bentley University community. Jan 20, · How to Write a Business Plan In this Article: Article Summary Doing Your Homework Structuring Your Business Writing the Business Plan Sample Business Plans Community Q&A Creating a business plan will help you achieve your entrepreneurial goals%(76).