A business plan is your roadmap. Putting pen to paper will help make sure that you have thought through the details before you invest your time and money into a business. You need to know that your business can cover its’ costs and pay you for your time, otherwise, why do it?
Business plans are an essential business document for start-ups and for existing businesses thinking of expanding or adding new products or services. The plan helps to assure funders that you have a clear path to making your business profitable.
In this workshop, you will have the support of your peers and a professional business coach to guide you through the process of writing your own business plan.
Students are assumed to have an active understanding of the business plan components:
Marketing Plan: Target Audience, Competitive Matrix, Value Proposition.
Operations Plan: Business Structure, Licenses + Permits, Management and Personnel
Financial Plan: Documents, Break-even, Costs of Goods Sold, Profit/Loss, Budget, and Forecasting
Designed as a follow on to Business Foundations I, students will have a refresh of the business plan components, focus on writing their final business plans, and receive coaching where needed. The class is primarily reserved for writing and coaching with some time saved to review business concepts.
At the end of four weeks, you will have an opportunity to have the plan reviewed by business financiers and professionals.