Business Plan : Outlines , Templates & Case Study
This course is about understanding business planning and writing a quality business plan . You will be provided with all the relevant templates and case studies.
You will be taught all the important concepts of business management quickly along the way so that you can walk away as a business owner after this course , ready to tackle all business challenges.
It doesn’t matter whether you want to open an ice cream stall, a small manufacturing setup or build a billion-dollar service, you need a quality business plan to understand your own idea and pitch it to different audiences.
In this course, I will empower you with the tools and skills you need to create a simple, yet extremely effective
(a) business plan presentation and
(b) a business plan document for your new business or idea.
(c) At the end of the course, I will provide you with a real world business plan presentation and document for you to look and take help of.
(d) As you might not be familiar with certain business concepts, we will also go over some of them and do some assignments along the way to help you create this document.
You will need this knowledge when you are pitching your idea to your friends, colleagues or investors. Internally, the business plan will help your critically analyze your own business situation and see whether it is worth your time and money in the long run.
This course will help you answer the most critical questions you need to answer when you want to validate your business idea. Once you take this course, you will be able to create as many business plans as you want for as many ideas you want. And don’t fool yourself into thinking that your idea is worth anything; its absolute garbage unless you make a business plan out of it and test all your assumptions.
Again, remember that ideas are useless unless you make something out of them, and writing a quality business plan is the most crucial step. 98% of Ideas never see the light of the day because the fear of failure is very high. Well if you enthusiastically take this course, you will be able to know beforehand whether your idea will work or not, and you can avoid pitfalls.
I am extremely excited to be a part of this journey and hope that you will help me help you bring out the best in you and your business idea. Let’s show the world how great your idea is.
Business Strategy
An Introduction to Business Strategy and how it relates to your new business venture.Your business strategy can be defined in either several paragraphs or be written as a set of strategic statements. It is a summary of how the company will achieve its goals, meet the expectations of its customers, and sustain a competitive advantage in the marketplace.
An Introduction to Corporate Strategy and how it relates to new business ventures. What are the some of the business frameworks you can use to think strategically?A Corporate strategy needs to effectively allocate resources to the best investment opportunities, drive performance and raise expectations internally and externally, improve a company’s competitive position and add value beyond the sum of its parts.
An Introduction to Business Unit Strategy and how it relates to new business ventures. A business unit strategy allows you to develop and communicate a clear strategic vision, create focus and alignment within the venture team to develop and champion the strategy across the company, execute strategy consistently across the company, create strategic agility through strategy-informed sensing and the ability to have a strategic dialogue and achieve results, showing returns on actions and effects on shareholder value.
An Introduction to Team Strategy and how it relates to new business ventures. How does it impact your new business?
Some relevant articles that can help you understand and achieve business growth.
A quiz to test fundamental understanding of Entrepreneurial Business Strategy Principles.
Marketing
What is Customer Value Proposition and why is it important?
What is USP and why is it important?
What is CLV & CAC and why are they important?
What is Competitive Advantage and why is it important?
What is Segmentation and why is it important?
How can IÂ test my hypothesis?
What is a MVP and why is it important?
What kind of distribution channels should I employ?
How should IÂ price my new product or service?
What is critical mass and how should I achieve it?
How can I apply the 7P Model?
How can the STP Model help my venture?
Some relevant articles that can help you understand marketing from a new business perspective.
This quiz tests your basic understanding of what makes a marketing strategy.
Operations
The parts of the operations plan in a written business plan.
Explanations of the core components that you need to include in the business plan.
Tools to help your planning and budgeting.
Some relevant articles that can help you understand operations from a new business perspective.
Test your knowledge of what is needed in terms of operations to sustain a new business venture.
The Venture Team
The components that make a Venture Team Plan i.e the HR Plan.
What should you consider while forming the External front of your Team?
What should you consider while forming the Internal front of your Team?
What are the different kinds of legal ownership and which one is suited for my business?
What are the different kinds of legal ownership and which one is suited for my business?
How should I go about signing agreements within the Venture Team?
What are some of the common mistakes new business ventures make in terms of forming their teams?
Some relevant articles that can help you understand venture team development.
Financials
What are the options for financing my new business?
The Key Financial Concepts I need to know to read and write a Business Plan.
The Key Financial Concepts I need to know to read and write a Business Plan.
The Key Financial Concepts I need to know to read and write a Business Plan.
How do I conduct a Venture Valuation? How can it help me check the worth of a new business?
How do I conduct a Venture Valuation? How can it help me check the worth of a new business?
What are the different components that make a Financial Forecasting template?
How Can IÂ use Financial Forecasting to come up with the right financial numbers for my new business?
How Can IÂ use Financial Forecasting to come up with the right financial numbers for my new business?
Some relevant articles that can help you understand financial management from a new business perspective.
Business Plan Writing
How can I use Lean Thinking to come up with my business plan?
How do i structure the different components of the business plan?
Case Study
How do I make a presentation out of my business plan if I need to present my idea to an audience?
How can I use all the concepts learned to write a business plan?
Some relevant articles that can help you understand what goes into starting a new company.
Conclusion and Additional Resources including the Ebook and All the Slides to the course.
This final exam tests the concepts you have learned during the course. Take this exam to evaluate how much you have learned and understood from the course. You should ideally take more than 90% in this exam.
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