Business Plan Writing

Business Plan Writing

Venue detail for course:

Produce logical and effective business plans that will build a foundation of success for your business.


Context of Course

Creating the business plan often means that you have to think of the business in a holistic way and know how every component connects with one another. As your business develops, so too will the business plan – it is a fluid and dynamic document that evolves when emerging trends change. The business plan can also serve as a guide to where actions did not succeed or processes need refining.

Who's it for?

This programme is for people who are at the beginning of their business journey and need to consolidate their business idea into a practical series of steps in order to achieve their goal.

What will I learn?

1.     Understand the need for a business plan; the 6 P’s of Planning (Proper Prior Planning Prevents Poor Performance), Benefits of a Business Plan, the business plan and funding, the plan and progress monitoring.

2.     Identify all the requirements of a business plan and what is to be included; the elements of a good business plan; the product plan, the place where the product will be delivered, pricing the product, promoting the product.

3.     Outline financial information that is to be projected when planning a new business, the pricing structure, the cash needs of the business, the cash needs of the owner.

4.     Appreciate the need for margins of error to be incorporated, best case scenario, worst case scenario, alternative plans.

5.     Create an outline business plan for a new business.

What will I be able to do on completion?

On completion the Learner will be able to:

1.     Explain the need for a business plan for a new business

2.     Explain the benefits of business planning

3.     Identify all the elements of a business planning

4.     Identify the financial information required for a business planning

5.     Explain how margins of error should be included in the plan

6.     Create an outline business plan for a new business

How will I be assessed? There is no formal assessment, the Learner will receive a Certificate of Attendance on completing the course.

Course Type: Business

Background to course provider: Recoup Training Solutions Centre Of Excellence

Pricing: Free in Enterprise Programme

Discounts available when booked 4 weeks or more in advance.

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