
An Introduction to Business Strategy and how it relates to your new business venture.Your business strategy can be defined in either several paragraphs or be written as a set of strategic statements. It is a summary of how the company will achieve its goals, meet the expectations of its customers, and sustain a competitive advantage in the marketplace.
An Introduction to Corporate Strategy and how it relates to new business ventures. What are the some of the business frameworks you can use to think strategically?A Corporate strategy needs to effectively allocate resources to the best investment opportunities, drive performance and raise expectations internally and externally, improve a company’s competitive position and add value beyond the sum of its parts.
An Introduction to Business Unit Strategy and how it relates to new business ventures. A business unit strategy allows you to develop and communicate a clear strategic vision, create focus and alignment within the venture team to develop and champion the strategy across the company, execute strategy consistently across the company, create strategic agility through strategy-informed sensing and the ability to have a strategic dialogue and achieve results, showing returns on actions and effects on shareholder value.
An Introduction to Team Strategy and how it relates to new business ventures. How does it impact your new business?
Some relevant articles that can help you understand and achieve business growth.
What is Customer Value Proposition and why is it important?
What is USP and why is it important?
What is CLV & CAC and why are they important?
What is Competitive Advantage and why is it important?
What is Segmentation and why is it important?
How can I test my hypothesis?
What is a MVP and why is it important?
What kind of distribution channels should I employ?
How should I price my new product or service?
What is critical mass and how should I achieve it?
How can I apply the 7P Model?
How can the STP Model help my venture?
Some relevant articles that can help you understand marketing from a new business perspective.
The parts of the operations plan in a written business plan.
Explanations of the core components that you need to include in the business plan.
Tools to help your planning and budgeting.
Some relevant articles that can help you understand operations from a new business perspective.
The components that make a Venture Team Plan i.e the HR Plan.
What should you consider while forming the External front of your Team?
What should you consider while forming the Internal front of your Team?
What are the different kinds of legal ownership and which one is suited for my business?
What are the different kinds of legal ownership and which one is suited for my business?
How should I go about signing agreements within the Venture Team?
What are some of the common mistakes new business ventures make in terms of forming their teams?
Some relevant articles that can help you understand venture team development.
What are the options for financing my new business?
The Key Financial Concepts I need to know to read and write a Business Plan.
The Key Financial Concepts I need to know to read and write a Business Plan.
The Key Financial Concepts I need to know to read and write a Business Plan.
How do I conduct a Venture Valuation? How can it help me check the worth of a new business?
How do I conduct a Venture Valuation? How can it help me check the worth of a new business?
What are the different components that make a Financial Forecasting template?
How Can I use Financial Forecasting to come up with the right financial numbers for my new business?
How Can I use Financial Forecasting to come up with the right financial numbers for my new business?
Some relevant articles that can help you understand financial management from a new business perspective.
How can I use Lean Thinking to come up with my business plan?
How do i structure the different components of the business plan?
How do I make a presentation out of my business plan if I need to present my idea to an audience?
How can I use all the concepts learned to write a business plan?
Some relevant articles that can help you understand what goes into starting a new company.
Conclusion and Additional Resources including the Ebook and All the Slides to the course.
Turn your idea into a business plan you can actually pitch.
Whether you want to open an ice cream stall, start a small manufacturing setup or build a billion dollar service company, you need a solid business plan. It helps you understand your own idea and gives you something real to show friends, colleagues and investors.
In this course you’ll learn how to create two things:
A business plan presentation you can use to pitch your idea
A business plan document that lays out your business in detail
Along the way I’ll walk you through the key business concepts you need, so you don’t need any prior business background. You’ll complete short assignments as you go, and by the end you’ll have built your own plan step by step.
What you get:
Ready to use templates for both the presentation and the document
Case studies to see how real businesses think through their plans
A complete real world business plan presentation and document you can use as a reference
A business plan also helps you look at your idea honestly. It forces you to test your assumptions and answer the hard questions early, so you can see whether the idea is worth your time and money before you commit to it.
Ideas only matter when you act on them, and many never get off the ground because people are afraid to fail. Writing a quality business plan is the step that turns an idea into something you can test, improve and launch. Once you’ve learned the process, you can use it for every new idea you have.
I’m excited to be part of your journey. Let’s build a plan that shows the world what your idea can do.