Business Plan Writing – TL
About
This course can be run for individuals or for teams of people.
The course can be tailored to meet specific requirements. Call us to discuss your needs if you or your team wish to include some different or additional topics within your course.
Why attend this course?
Learn how to write a document which describes your business, your goals and how you intend to achieve them over a given period. A business plan is a forecast. It describes your starting point and the strategy you need to reach your proposed end point in one, two or three years.
It details your aims, describes your products and services, analyses market demand, details the resources you need, the capability you have, and the income you anticipate generating over a defined time period.
In essence, your plan provides sufficient information to calculate the credibility of your strategy, your chance of success, and the risk you and others may take by investing in the business.
Clarity is the connection of your idea to a coherent set of words, sentences and numbers. It details what you wish to achieve – the business benefits – and the why and how, and when and where you are going to achieve them. Clarity is critical to any business case, and we show you how to deliver it.
Learning outcomes
Attend our business plan writing course and you will be able to:
- Prepare effectively
- Define your plan in detail
- Produce a compelling business plan
Who should attend?
This course is aimed at aimed at those who wish to increase the quality of their business plans as well as those who need to contribute to business plans.
How will I benefit from this course?
You will learn how to produce business plans which are complete, balanced, accurate and compelling.
Outline of programme
Business Cases defined
- Purpose of a business plan
- Characteristics of a sound business plan
Preparation
- Value proposition
- Product, service, or idea
- Opportunity, difficulty, or cost.
- Benefits of your business plan over alternatives.
- Cost advantages of your business, product, service, or idea over competitive alternatives.
Typical sections
- Executive Summary
- Management profiles (of people leading the business, if relevant)
- Vision statement
- Mission statement
- Your proposition – company, product or service
- Market description, analysis, segmentation and targeting
- Explanation of how my product, service or idea is different
- Sales plan and forecast
- Resources
- Financials (to include ROI and cash flow)
- How can I make it happen?
Executive summary
- Purpose
- Vision
- Mission
- Situation
- Considerations
- Financials
- Payback
- Benefits
Management profiles
- Capability
- Skills
- Knowledge
- Experience
- Track record
Vision Statement
- Future characteristics envisaged
- Goals that it will have been achieved
Mission Statement
- Purpose
- Operations
- Market
- Scope of activity.
Proposition
- Essential details
- Charts,
- Diagrams
- Images
Market description
- Analysis
- Segmentation
- Targeting
- Marketing mix
- Demographics
- Geography
- Behaviour
- Psychological/lifestyle
Positioning
- Competitive products and services.
- Identifying differential advantage
Outline Marketing plan
- Aims and objectives
- Analysis
- Environment
- Competitors
- Customers
- Resources
- Positioning
- Marketing mix
- Proposed campaigns
- Financial targets
Outline sales plan and forecast
- Market
- Strategy
- Tactics
- Segments
- Target organisations
Resources
- People
- Time
- Equipment
Financials
- Funding requirements, envisaged return on investment, and cashflow.
- Clear description attached to numbers and lines as appropriate.
- Tables and charts with a consistent style.
- Key messages highlighted from each table or chart.
Timelines
- Who?
- What?
- When?
Review
- Personal action plan
- Support options