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Preparation is key to the success of any business venture. Whether you are starting a new business, growing an established business, or launching a new product or service, preparation is the key. Learn how to utilize several tools in the process of developing a plan for your business. Whether formal or informal, translating your ideas into a working plan will increase the odds in your favor. This seminar provides an overview of two approaches to business plans and the steps necessary to develop those plans. Also, a special emphasis will be placed how to fund the business once the plan has been developed. In addition to the course instruction, support material is provided which includes a workbook, software, and other documents.
? Discuss business success factors
? Critical steps to a great business plan
? Understand the Business Model Canvas for an informal plan
? Explore the planning process
? Identify the critical components of a formal Business Plan
? Review funding options
? How to research the feasibility
? Sources for evaluating the industry, market and competition
? How to develop basic financial projections for financing
? Successful writing techniques that appeal to lenders/investors
? Using the plan to manage your businessEnrollment Progress ... What's This?