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Duration
30+ hours
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Students
50+
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Live sessions
8 Classes
Mission Ready Entrepreneurship Academy Module 5 - Business Plan
Designed for entrepreneurs who are getting ready to launch their finalized business plan. This course will help you create a complete and detailed business plan so you can feel confident getting loans and launching your business.
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COURSE OVERVIEW
Mission 5: Business Plan is designed to have you create and finalize a business plan that will help you prepare for the following:
#1 Business Description
A business description is important to the business plan because this is where your reader will learn all of the details about the business model or concept. This is where the plan can inspire the readers and present some of the goals and potential for the future.
#2 Marketing Planning/Mix
A marketing plan helps identify who the target market is, how the product will reach them and what benefits they receive from your products and/or services.
#3 Forecasting
Forecasting is vital for businesses as it enables strategic planning, efficient resource allocation, and accurate financial management. By anticipating future trends and market dynamics, businesses can make informed decisions about resource deployment and budgeting, mitigating risks and maximizing opportunities.
#4 Financial Statements
A financial plan is arguably the most scrutinized part of the business plan if you are seeking money. This part allows the writer to establish financial goals and objectives based on anticipated performance or research. The financial plan details all expenses the business faces. A well-written financial plan is important for investors, bankers, and more. They will spend the most time here, determining if your numbers are realistic.
#5 Loans and Financing
Prepare yourself to approach investors, bankers, and more to discuss loans and financing for your business. Understanding what to prepare and where to go when financing becomes a reality is a critical part of the process.
#6 Pitch and Plan
Learn how to finalize your business plan and pitch it to investors and other professionals. At this stage, you will have all of your businesses' details memorized and you will be able to have confident conversations with anyone regarding your business.
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