Your business may be new or up and running and you may be seeking an investor or maybe a grant, business loan or funding, if so you are certainly in the right place…
Running a business is complicated and the risk of making mistakes is high.
By preparing for a plan, reflecting on it and seeking the opinions of experienced outsiders, a prospective entrepreneur can eliminate many mistakes during the planning stage.
A business plan is often presented to investors and others who do not have much time to scrutinise a substantial document, but at the same time need access to important information.
This course therefore enables delegates to develop a concise plan which contains the important and relevant information needed by a potential investor.
Delegates should be conscious of the difference between a presented business plan, and the substantial plan that will underpin the operation of their business and which could be drawn from evidence produced for the first six courses in this qualification.
In their presented plan, delegates will focus on the way the plan is presented, as well as its content, in order to enable them to learn of the need for maximum effectiveness of presentation.
Outcome of session
Outcomes will include:
Be able to develop a business plan for your business
Executive summary paragraph
The business vision/concept
The impact of the business environment
Summary of market research: customer base; competitors; risks
The marketing plan: routes to market, promotion
Summary of the financial plan: finance, funding; acknowledgements, appendices
Business plan document presentation: cover, binding or loose-leaf file, consistent use of fonts, headings and page numbering, professional image, appendices
Be able to pitch a business plan
Be able to review a business plan
Be able to construct a viable project plan to bring a product to market