The course is about putting in the right numbers for the business plan and how to put a business plan together. There are template plans for you to download and use.
The terminology which you can expect to come across are SWOT analysis (Strengths, Weaknesses, Opportunities, Threats), segmentation, fixed costs, variable costs, economies of scale and ratios.
There's various booklets and sample business plans to download.
The course will take approx 1 hour to complete.
The course is structured in a way so that you watch the video which explains the concepts, and there are templates for you to use and download in your own business.
We look at some key numbers which are important for the business plan – both in terms of income and expenses. We consider:
It's an ideal course if you are working in the accounts / finance department and/or if you are thinking of starting a business or if you're helping someone write a business plan.
Traditionally business plans focus on what the business does and how. But within this course we specifically look at the key numbers within a business plan and how we can evaluate a business plan by looking at its cost structures and revenue streams – instead of just looking at what it does, and its cashflows – we look at and analyse other aspects of the business plan which traditionally doesn’t happen.
One can even go further by using these plans to improve on the business bottom line PURELY by focusing on its cost structures and revenues and relating it to the key activities which it then has to perform and the key resources it needs to perform them, as well as the key partnerships which have to be in place to make it happen.
A 22 page business plan example.
Understand how important it is to plan. This will have a huge impact on your future.
Lisa Newton BA MSc FMAAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).
Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.
Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.
Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.
In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.