Please be sure to subscribe! The Annual Operating Plan is one of the most important things a business does each year. It is a process that is often led by the finance team but requires full synchronization with the whole organization. This video goes through the annual operating plan process. 0:00 Intro to the Annual Operating Plan 0:48 What is the Annual Operating Plan and why do one 3:03 Annual Operating Plan Layout 5:00 Sales & Production Budgets 8:44 Tops down vs. Bottoms up Forecast 10:30 Production, COGS, Capex and R&D 12:53 SG&A Budget 13:54 Income Statement, Balance Sheet, Cash Flows 16:31 The Finance team's role 18:41 Advice and things to think about 23:00 Summary