Numbers for the Business Plan
5.0 (1 rating)
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Numbers for the Business Plan

Looking at the figures you need to know in order to create a financial sound business plan
5.0 (1 rating)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
208 students enrolled
Created by Lisa Newton
Last updated 11/2015
English
Current price: $10 Original price: $20 Discount: 50% off
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Includes:
  • 1 hour on-demand video
  • 3 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
By the end of the course you will be able to know which numbers to include in the business plan
Analyse cost structures and revenue streams to make the business plan successful
View Curriculum
Requirements
  • An interest in business
  • There are no specific materials or software needed
Description

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:

·Key partnerships

·Key activities

·Key resources

·Customers

·Distribution channels

·Costs

·Income streams

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.

Who is the target audience?
  • Business owners, students of accountancy / finance / bookkeeping, budding finance directors and management accountants
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Curriculum For This Course
Expand All 12 Lectures Collapse All 12 Lectures 01:15:13
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Introduction to the course
2 Lectures 01:40

Introduction to the course.

Introduction to the course
00:05
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Numbers for the business plan
7 Lectures 51:06

Highlights where the numbers are needed in a business plan.

Preview 10:14

Cost structure and revenue streams.


Business Model Generation
07:57

Cashflow forecast
11:22

Start up costs
01:46

Entrepreneurs expenses
05:00

Profit and Loss forecast
10:05

Funding
04:42
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Concluding lecture
3 Lectures 00:27

A 22 page business plan example.

Further reading
22 pages

Concluding lecture.

Concluding lecture
00:13

Understand how important it is to plan. This will have a huge impact on your future.

The importance of planning
00:13
About the Instructor
Lisa Newton
4.0 Average rating
204 Reviews
3,152 Students
80 Courses
Entrepreneur & Serial Author

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 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.