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How to write a viable business plan - step by step guide!
Rating: 4.6 out of 5(36 ratings)
117 students

How to write a viable business plan - step by step guide!

How to write a viable business plan - step by step guide
Created byaWICT .
Last updated 7/2024
English

What you'll learn

  • Learners will be able to gain an understanding of the purpose and importance of each section of the plan in creating a roadmap for their business venture.
  • Learners will learn how to conduct effective market research to understand their target market, competitors, industry trends, opportunities and customer needs
  • Learners will acquire skills to develop realistic financial projections including income statement, cash flow statement, balance sheet and breakeven analysis
  • Learners will gain hands-on experience in writing clear and concise business plan section for launching and growing their business to potential investors

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Course content

14 sections • 15 lectures • 2h 0m total length

  • Introduction7:17

    Learner will actively engage with course material through a quiz format, promoting retention and understanding of key concepts.


    The quiz provides an opportunity for learners to assess their understanding of foundational concepts and identify areas for improvement.


    By participating in the quiz and subsequent discussion, beginner learner will gain confidence in their knowledge of business planning basics and be better prepared to tackle the course content.


    These questions reinforce the foundational concepts introduced in the course and help learner assess their understanding of the material.

  • Introduction and learning objectives of the course

Requirements

  • Learners should have a clear business idea or concept that they want to develop into a viable business plan. This could be an existing business they want to expand or a new venture they want to launch.

Description

Throughout this course, you'll embark on a transformative journey that will equip you with the knowledge, skills, and confidence needed to craft a comprehensive and viable business plan. Learner will have the knowledge, skills, and confidence to create a comprehensive and viable business plan. Additionally, develop a viable business plan that effectively communicates the business idea, strategy, and financial feasibility to stakeholder and potential investor. Learner will be able to gain an understanding of the purpose and importance of each section of the plan in creating a roadmap for their business venture. Learner will learn how to conduct effective market research to understand their target market, competitor, industry trends, opportunities and customer needs. Learner will acquire skills to develop realistic financial projections including income statement, cash flow statement, balance sheet and breakeven analysis. Learner will gain hands-on experience in writing clear and concise business plan section for launching and growing their business to potential investor. Learn how to estimate startup costs, operating expenses, revenue forecasts, funding requirements, using appropriate assumptions and financial modelling techniques. It will dive deep into each aspect of business planning, from understanding your market and defining your value proposition to creating realistic financial projections and developing actionable strategies.

Who this course is for:

  • The course is intended for beginners who can gradually build their knowledge and skills in business planning, gain confidence in their ability to develop a viable business plan, and take the first steps toward turning their entrepreneurial dreams into reality.

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