Received Course Director Award
The first of two courses that is the result of all the previous courses culminating together to bring forth a potential business plan. For me, it was at this point where I began to realize how all of the knowledge from the prior courses below began to fit like a puzzle into what was eventually going to be my business plan. Even though there is now one right way to write and execute a business plan, having the knowledge of what investors and lenders look for in one is beyond extraordinary. Even if the business plan is created for a start-up, as it was in my case, if anything at the least the benefits of writing one makes one think about the environment that company will potentially be going into. In this course, knowledge is key, and the more knowledge you have about your company, industry, market and competition the better situated your business will be when it opens its doors to do business.
The first of two courses that is the result of all the previous courses culminating together to bring forth a potential business plan. For me, it was at this point where I began to realize how all of the knowledge from the prior courses below began to fit like a puzzle into what was eventually going to be my business plan. Even though there is now one right way to write and execute a business plan, having the knowledge of what investors and lenders look for in one is beyond extraordinary. Even if the business plan is created for a start-up, as it was in my case, if anything at the least the benefits of writing one makes one think about the environment that company will potentially be going into. In this course, knowledge is key, and the more knowledge you have about your company, industry, market and competition the better situated your business will be when it opens its doors to do business.
Aside from thinking about one’s target market or
competition within the industry, the financials is where the meat of the
business is. Understanding how to find, build and execute proper start-up
costs, staffing salary, and more can be what makes an investor interested in an
idea or not. For it is as I said numerous times below, it all comes down to the
bottom line. And as it should when it comes to doing business, it is only
natural to want to invest in one that is going to produce and generate a
return. Making the right assumptions now at the business plan stage can mean
seeing your company profitably in the near future.
