An action plan is a formal document that describes what steps must be taken in order to accomplish a particular objective. Basically it is a sequence of steps that must be taken or activities that must be performed well for a strategy to achieve. It is process which help you to focus on your ideas and decide what steps should be taken to attain that goal. A good action plan will help you to focus on your ideas and help you to complete small projects efficiently without missing any key step. It has generally three basic elements specific task, time horizon and resources allocation.
Generally an action plan is a simple plan outline the actions required to reach one or more goal. It can help change maker turns their vision into reality or increase efficiency and accountability within an organization. An action plan is very important for every business because it helps to get you on right track and you must take these actions on daily basis while running your business to support or for expand your business. The primary function of action plan is to clarify what resources are needed to reach the objective, make up a time frame for when a particular goal to be accomplish and determined what resources are needed.