Developing a Business Plan
MGMT X 497.610
The foundation of a successful business is a solid business plan. This comprehensive course dives into the details of developing a plan, and students emerge with a first draft of a sound business plan.
Fall
Winter
Spring
Summer
Online
Starting at $765.00
As few as 11 weeks
4.0
What you can learn.
- Learn the key components for creating a business plan
- Identify existing customers and future customers
- Understand revenue forecasting methodologies, competitor analysis, small business finance, and how to transition from personal guarantees and credit lines to a self-financing business model
- Effectively plan, hire, and train staff with high potential
- Examine the legal aspects of organizing and managing a small business
About this course:
Learn all aspects of creating a solid first draft of your own business plan. This course begins with a comprehensive "situation analysis" of your (or your employer's) small business (or case study, if more applicable). You then learn the key components for creating an effective business plan: knowing your existing customers, targeting future customers, customer value formulation, income statement and balance sheet forecasting, revenue forecasting methodologies, competitor assessment and emerging company/product/service competitors, and understanding the pitfalls of small business development. In addition, you look at building and planning an efficient business infrastructure (systems, technology, third-party software); small business finance, cash flow, debt, and financing alternatives; transitioning from personal guarantees and credit lines to a self-financing business model; effectively planning, hiring, and training staff with high potential; the legal aspects of organizing and managing a small business; negotiating skills; and setting day-to-day priorities with the business plan in mind. With these skills, you can build a solid first draft of your business plan.Winter 2021 Schedule
Available Format(s):
These courses are fully online and have no regular meeting times.
Enrollment Closed
-
This section has no set meeting times.
Instructor:
C. Scott Hindell
377353
Fee:
$765.00
Notes
Enrollment limited; early enrollment advised. Internet access required.
Refund Deadline
No refunds after January 08, 2021
Course Requirements
Internet access required.
Book:
The Successful Business Plan: Secrets & Strategies
by Rhonda Abrams
Planning Shop
ISBN 9781933895826
(Optional)
Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant
by W. Chan Kim and Renée Mauborgne
Harvard Business Review Press
ISBN 9781625274496
This course applies towards the following certificates & specializations…
Corporate Education
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