Course Objectives

• This Course Objective Hasn't Been Provided Yet

Target Audience

Department heads, senior managers, managers and supervisors, project managers, team leaders, sales managers, marketing managers, entrepreneurs and others who would like to develop their business planning skills.

• Understanding the business plan
  • Definition of a business plan
  • Types of business plans
  • Benefits of a business plan
• Business plan overview
  • Components of a business plan
  • The process behind the business plan
  • The importance of the business plan to a firm’s value chain
  • Securing the buy-in from stakeholders
• Developing the business plan
  • Mapping vision, mission and values
  • Conducting a situation analysis
  • Setting goals, objectives, and business strategies
  • Developing tactics, programs and action plans
  • Forecasting, pricing and applying breakeven analysis
  • Sourcing, allocating and scheduling
  • Understanding basic financial concepts
    • The income statement
    • The balance sheet
    • Cash-flow analysis
    • Program Budgets
  • Writing the executive summary
  • Creating appendices and references
• Implementing the business plan
  • The communication phase
    • Job assignments
    • Reporting structure
    • Knowledge base
  • The controlling phase
    • Dealing with deviations
    • Causes analysis
    • Providing constructive feedback
    • Corrective actions and adjustments
  • The corrections phase
    • Goal revisions and expectations
    • Scheduling challenges
    • Budget adjustments and additional financial support requests
    • Resources demands and constraints
  • Staying away from common business plan mistakes
  • Concluding the business plan
• Reporting on the progress of the business plan
  • Types of reports
  • The recipients
  • The information
  • The quality
  • The frequency

This course hasn't been scheduled yet, however you can request for In-House training