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Developing Your Business Plan

Course Details

Description

As an entrepreneur what is your first task for getting started? Are you developing your business plan or thinking of raising funds for your venture? Do you think it is important to study your competition and customers?  

Why do you need a business plan?

A business plan is a “road map” to the future of any business or enterprise. A well-developed business plan enables entrepreneurs and business owners to not just share their vision and mission with their prospective investors but also provides direction for the day-to-day running of the business and its goals. It also compels them to analyse the competition and understand the needs of their customers to fine-tune their offering and puts entrepreneurs on top of any roadblocks.  

In short, business planning is a process of determining a commercial enterprise’s objectives, strategies, and projected actions in order to promote its survival and development within a given time frame. 

This course is designed to give learners an in-depth understanding of the various elements and know-how on developing their business plan. 

Estimated Time To Complete

Approx 3 Hours

Learning Outcomes

By the end of this course, you will be able to

Draft a business plan.
Define objectives of your business.
Map out strategies to achieve goals and manage any issues.
Be ready to obtain approval for finance.
Take control over the future of your business and make necessary changes along the way.

Topics

What is a business plan for?
A general business plan framework
Identifying your audience
Gathering and analysing information
Defining your company
Getting to work
Creating a marketing strategy and sales plan
Developing your financial projections

Requirements

Computer, tablet or mobile
Internet Connection
Edge, Safari, Chrome or Firefox

Course Delivery

Online Learning

Course Access

12 Months

CPD Hours

2 Hours

Assessment

Multiple Choice

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