​Strategic Business Planning

Business Planning

Coming up with business plans and structuring a family business correctly are critical steps in the planning process. Doing these correctly can set the stage for a smooth and efficient business operation. Check out the business planner (interactive business planning program) along with publications to help you formulate your own business plan!

Goals & Objectives

Setting goals and objectives not only makes it clear to all involved what the business is striving for, but it also creates clear benchmarks that a family business wants to achieve. This page contains guides for setting goals and objectives but also helps family businesses establish their vision and mission.

Industry & Competition

Family businesses must recognize and capitalize on the fact that they have a competitive advantage. What gives your family business an edge over others? Can alliances be made to help your business? Find out more here!

Legal Matters

What licensing, regulatory, intellectual property rights and tax requirements does your family business need to consider? This page contains in-depth information regarding these matters.


Marketing a family business correctly can set a business up for success. By identifying key factors about your business’ products, you will be able to better market your business and your products.

Indiana's Business Environment​

How is Indiana different from other states? This page contains supplementary information about Indiana’s business environment, including populations, rural transportation, community banks, rural development, and more!

Agricultural Economics, 403 West State Street, West Lafayette, IN 47907 USA, (765) 494-4191

© Purdue University | An equal access/equal opportunity university | Integrity Statement | USDA non-discrimination statement | Copyright Complaints | Maintained by Agricultural Communication

Trouble with this page? Disability-related accessibility issue? Please contact us at agweb@purdue.edu so we can help.

Sign In