Preparation is key to the success of any business venture. Whether you are starting a new business, growing an established business, or launching a new product or service, planning is critical. This seminar provides an overview of two approaches to business plans and the steps necessary to develop those plans.
Topics include:
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Business success factors
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Business Model Canvas for an informal plan
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Five minutes, three crucial sections
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Sources for evaluating the industry, market and competition
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Target market identification
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How to develop basic financial projections
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Debt and equity funding options
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Successful writing techniques that appeal to lenders/investors
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Using the plan to manage your business