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Entrepreneurship

Creating A Successful Business Plan

Objective
Writing a business plan is a complicated and cross-structural process. It requires the merging of the various organizational functions (sales & marketing, finance & accounting, human resources, operations & production) into a coherent plan.

A winning business plan must examine industry segmentation, market analysis, customer segmentation as well as organizational structure.

This workshop has individual and corporate benefits. In writing a business plan employees need to combine the "facts" with teamwork, leadership and culture.

By having a systematic approach in writing a business plan individuals will be able to identify and analyze the important variables for success and therefore the organization will optimize the probability of success.

After this workshop you will:


have a deep understanding of the areas of a business plan

identify the key issues for a successful business plan

learn how a business plan can be adapted to different types of organizations

identify external and internal drivers of a business plan

appreciate how to communicate a business plan into the organization

explore the importance and the benefits of a business plan for the organization

review the reasons why business plans fail



Workshop Outline


Business plan - overview and purpose

Components of a business plan

Background of the business and the business environment

Analyzing the marketplace
-Market segmentation
-Competition
-Competitive advantages
-Customer analysis
-Product differentiation
-Pricing

Planning, forecasting and budgeting

Figuring out financial statements

Funding the business plan
- Determining the best way to approach your possible financial sources

'Selling' your business plan to various stakeholders


Who Must Attend
If you find that you are being asked to contribute information to a business plan or if you are part of a team writing a business plan, this workshop will facilitate a successful integration of all parts of the plan.

If you are a budding entrepreneur, wanting to interest possible supporters, investors, etc. on your start-up business, this workshop will equip you with the necessary skills to write a successful business plan that will demonstrate to potential investors that you know the business and that you have thought through its development in terms of products, management, finances, and most importantly, markets and competition.


Duration: 2days

Fee: Rs. 3600 per participant

Workshop Leader
Victor Goh is currently serving as the Vice President, Business Development, of Savant Infocomm Pte Ltd, Singapore, an IT Education and Consulting conglomerate. He has founded and run several start-up businesses and has acquired extensive senior management experience in corporate and business development, alliance building and relationship, joint ventures and establishing regional offices in China, Hong Kong and India. He is also an associate lecturer and tutor with several universities, i.e. OUDP (UK) (Artificial Intelligence), University of Technology, Sydney (Engineering Management), and University of Western Australia (MBA program covering the E-Commerce and Entrepreneurship modules). He received his B.Eng. Honors degree from National University of Singapore, and an MBA from Strathclyde University
 


Entrepreneurship