This one-day workshop addresses everything that you will need to produce a professional business plan. But it isn’t just about how to write these important business documents, it’s about why you need them and how to use them. Not only is a business plan key to formalising your business venture but it is essential for those seeking to raise finance either from banks or investors and to ensure internal budgets are properly allocated and managed.

This workshop draws on university-accredited material and offers real-life examples from the acclaimed Business Boffins programme that has helped thousands of entrepreneurs, business owners and business managers. You will receive learning material and templates for creating your own professional business plan and cash flow forecast. On completion of this workshop you will have the opportunity to qualify for a university-accredited Certificate in Business Planning and Cash Flow Forecasting.

OBJECTIVES On completion of this course you will be able to:

• Understand the philosophy behind planning a successful business
• Collate all of the information that you will need
• Prepare a professional business plan
• Develop a professional cash flow forecast
• Take away a CD ROM with templates and university-accredited teaching material

CONTENT

• Why you need a business plan
• How to write the best plan for your business or department
• Understand what goes into the key sections of a successful business plan
• Undertake market research
• How to address competition
• Planning for business growth
• Develop a robust cash flow forecast
• How to use your business plan and cash flow forecast as management tools
• When to review and update your plans and forecasts
• Understand the financial needs of your business or cost centre

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