Description
You know that you need a business plan, but don't know how to write one. We've helped hundreds of entrepreneurs create their own business plans and we can help you too! Biz Plan 101 is the perfect course for you to start your research on planning your own business. It's filled with valuable information and templates designed by our team of experts in order to make this process as simple as possible. No matter what stage of planning or starting up your company, the Biz Plan 101 course will be able to guide you through all aspects of writing a professional quality business plan. Whether it's an existing company looking for expansion or a new startup trying to get off the ground, having a solid business plan in place will give any entrepreneur the confidence they need when approaching investors or lenders about funding their venture. A well-written document will also serve as an invaluable source of information throughout the life cycle of your company - from hiring employees, marketing. Are You A Business or A Liability?One major question that you as a business owner, should really ask yourself is "Am I a business, or A liability?"One of the first and most important steps you can take to ensure that you're a business, and not a liability, is to go through the planning process. Part of 'Planning' will consist of creating a business plan. A business plan is a roadmap that guides you to your business strategy and operations. Whether you are deciding if it's time to scale or understanding your "break-even" point. Your business plan will have the answer for you. Here are just a few reasons why having a business plan is so important. Accepted to Funding (Grants, Loans, or Investors) Many want to see your business plan before approving you to move forward. Enabling the establishment of business milestonesUnderstanding when to scale your businessTo Determine Your Financial Needs or to revise your products & services. To Understand Your Operating StrategyUncover potential business opportunitiesTo Document Your Marketing Strategy which helps with your competitive advantageIn deciding when the time is right to sell your businessIn this course, we cover several components which make your business plan effective such as;Using Your Business plan to establish and track business milestonesCalculating your breakeven pointUnderstanding how your business plan is a roadmapand last but not least, the best way to tell your business story using the business plan.
