
Identify and avoid critical business planning mistakes that hinder access to capital and growth, by understanding what lenders and investors need and building usable, logical plans.
Identify business planning issues you need to avoid to be successful. Understand the reasons to write your business plan and define its purpose by learning these vital mistakes to avoid.
Clarify objectives and target readers in your business plan, detailing funding needs, spending, milestones, and expected results to guide investors, bankers, or internal growth.
Conduct market research to identify your clear ideal customer, then tailor your plan to a defined target market and shorten the path to success.
Clarify your core product or service to align with customer needs and the ideal client, avoiding a broad offering; test and refine what customers will buy.
clarify your financing needs by defining exactly what funds are for and how much you need, then identify funding sources and plan repayment to grow your business.
Identify your business needs and goals, complete market research, and write your plan and have it reviewed for success. Use the plan and stay in touch after finishing the course.
This course, 17 Business Planning Mistakes You Should Avoid was developed based on the mistakes business owners make when preparing their plan. The course lays out the mistakes and what you should do to avoid these commons issues. When a start-up or small business owner prepares their plan, they often do not have the experience necessary to know they are making these mistakes.
If you are new to business planning, this course will certainly help you save time. If you have prepared a business plan before, then this course will be a refresher for you.