A business plan precisely defines your business, identifies your goals, and serves as your organization's resume. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application as well. Additionally, it informs sales personnel, suppliers, and others about your operations and goals.
The importance of a comprehensive, thoughtful business plan cannot be overemphasized. Many crucial business activities depen on it: outside funding, credit from suppliers, management of your operation and finances, promotion and marketing of your business, and achievement of your goals and objectives.
Business Plan for Business Success is designed for business managers or staff who need to know how to create a business plan for their organization so the plan can be a useful management tool. During this course, participants will learn the importance of business plans, the key required elements of a basic plan and data that must be included. Participants will leave this training program with a greater understanding of what their business plan should look like and how to get started writing one. It will also provide guidelines for style and appearance to help create a professional look for your business plan. The course material includes the templates necessary to prepare a business plan in MS Word and Excel format.
Training modules:
- What’s a business plan?
- Key Elements of a Business Plan
- Business concept and description
- Industry information
- Vision and mission
- Business objectives
- Strategic partnerships
- Marketing Plan
- Products and services
- Target audience