Developing Business Plan for New Venture

Course Overview

This instructional course in developing a business plan for new venture is designed for business visionaries who are prepared to start a new business. This include those who have secured all the initial fundamental strides including drafting the first report, recognizing the group of onlookers, inquiring about the social event data, depicting item arranges, promoting deals and bookkeeping terms.

The course will assist the participants to explore, examine and investigate the important areas/segments of developing a successful business plan for new ventures that will help them to have a successful start.

Course Objectives

After attending the course participants will be able to:

  • Define the key aspects of developing a business plan
  • Apply effective procedures of composing a successful business strategy
  • Align and make a good coordination between all the important areas/segments of an organization
  • Allocate and manage the resources and assets
  • Generate comprehensive reports on business planning

Course Content

Session 1

  • Review of a business plan
  • Strategy for success
  • Different kinds of strategies
  • Methods to develop a successful strategy

Session 2

  • Breaking down the business areas and developing plans
  • Business examination
  • Classifying competitive methods
  • Classifying business goals
  • Developing marketing plans

Session 3

  • Planning and streamlining operations
  • Assignment of key roles responsible for designing and operations
  • Preparation of outlines to be followed
  • Methods of execution
  • Method for plan development (continued)
  • Outlines for plan and operations (continued)

Session 4

  • Creating financial plan and determining its importance in business
  • Steps of developing a financial plan
  • Methodologies and techniques opted for developing financial
  • plans

Session 5

  • Scripting a strategy for the business plan
  • Major concerns to be considered during formulation of a business plan
  • Strategies for operating the business plan
  • Concluding comments

Course Methodology

The training is going to be highly interactive combination of lectures, group discussions, questionnaires, individual reflections, role plays, simulations and videos.

Target Audience

This course is designed for the following audience:

  • Business proprietors
  • Boards of administration
  • Directors
  • Marketing and deals supervisors
  • Finance and accounting supervisors
  • Operation supervisors

Duration

2 Days (08:30–14:30) with appropriate breaks for tea/refreshments and lunch.

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