Operating Expenses:

BUSINESS INSURANCE

The operating plan should indicate the all types of insurance your proposed business venture require. The type of insurance a business will need certainly depends on the nature of the business.   The operating Plan will simply list each type of insurance, the name of each insurance company, broker or agent, the cost of each type of insurance, when each insurance payment is to be paid, and the reason the business requires the identified insurances.

AFTER SALE SERVICE:

Do you plan to offer any after sales services in your business?  If so, you will need to discuss your intensions under the Operating Plan of your Business Plan.  In general, after sales service means providing additional 'offerings' to the customer even after he/she has purchased your product. Many after sales services exist such as warrantees, repair services, restoration and cleaning, installation of product, removal of product from customers' premises, extended credit terms, and sales returns, just to name a few.

BUSINESS THREATS:

The operating plan of your business plan should include a component called Business Threats.  A threat is an external factor (outside the business) that may effect the performance of your business. The most obvious effect would be a reduction in corporate sales. Often a business faces many threats, other then competition, when operating its affairs.