A business plan is one of the vital documents which an organization needs to have in place. Writing a business plan involves creating a well-organized document that includes a description of your product or service, marketing plans defining your target market, financial projections, and the other essential elements that make up a high-quality business plan. Although business plans are especially useful for new businesses, every company should have a business plan. Ideally, the plan is reviewed and updated periodically to see if goals have been met or have changed and evolved. Sometimes, a new business plan is created for an established business that has decided to move in a new direction. In this course you will learn about the purpose of a business plan and the vital elements which should be included in the plan. The course will empower you with skills to pitch the business plan to investors and create an awareness of the common mistakes to avoid when compiling the business plan.
KEY TOPICS AND OUTCOMES
- Explain and discuss the purpose of a business plan
- Outline and analyse the components of a business plan.
- Show how to respond to a changing business environment
SUMMARY OF THE COURSE SHOULD PROVIDE
|Unit Standard Alignment||10008|
|Duration of the course||60 hours|
|Number of Modules||3|
|Learning Aids||Videos | Webinars|
|Type of Certificates Issued||Certificate of attendance|