Business Plan
Introduction:
A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis.
Objectives:
• The importance of business plans. A business plan is a tool with three basic purposes: communication, management, and planning.
• As a communication tool, it is used to attract investment capital, secure loans, convince workers to be hired, and assist in attracting strategic business partners. The development of a comprehensive business plan shows whether or not a business has the potential to make a profit. It requires a realistic look at almost every phase of business and allows you to show that you have worked out all the problems and decided on potential alternatives before actually launching your business.
• As a management tool, the business plan helps you track, monitor and evaluate your progress. The business plan is a living document that you will modify as you gain knowledge and experience. By using your business plan to establish timelines and milestones, you can gauge your progress and compare your projections to actual accomplishments.
• As a planning tool, the business plan guides you through the various phases of your business. A thoughtful plan will help identify roadblocks and obstacles so that you can avoid them and establish alternatives. Many business owners share their business plans with their employees to foster a broader understanding of where the business is going.
Target group:
Those who wish to learn and develop skills in this area.
Contents:
• What is a Business Plan?
• Why Prepare a Business Plan?
• What to avoid in your business plan?
• Business plan format
• Vision statement
• The people
• Business profile
• Economic assessment
• Six steps to a great business plan
• Basic business concept
• Feasibility and specifics
• Focus and refine concept
• Outline the specifics of your business
• Put your plan into a compelling form
• Review sample plans
• Business plan's necessary factors
• Understanding your market
• Capable management
• Able financial control
• Consistent business focus
• Mindset to anticipate change
Course Duration:
4 Days / 20 Hours
For more details don’t hesitate to contact the training officer:
on telephone number 17383001
or e-mail at: gizrmrmt.yzsizrm@gztrgizrmrmt.xln