Lectures, seminar discussions, case studies, guest lectures on business planning.
- Business Plan Introduction
C importance of a business plan
C basic elements of business planning
C modular presentation techniques
- Business Plan Components
C preparing corporate identity and mission statements
C describing the company and its product
C developing a marketing plan
i) market study
ii) marketing game plan
iii) monetary market reaction
C developing a financial plan
i) balance sheet
ii) income statement
iii) cash flow projection
C identifying team members
i) organization
ii) operating management
iii) incentive plans
C preparing appendices
i) summation
ii) important supplementary data
C preparing an executive summary
- Presenting a Business Plan
C covering letter
C writing style and format
C packaging and presentation
C effective support tools
i) spreadsheet programs
ii) desktop publishing
iii) corporate videos
- Common Misconceptions in Business Planning
C real cost of money
C staffing costs
C market entry problems
C supplier dependence
C lack of identity
C fad businesses
The student will be able to:
- outline the basic components of a business plan;
- develop pro-forma financial schedules using computerized spreadsheets;
- develop a business plan utilizing proper packaging techniques;
- identify common misconceptions in business planning;
- demonstrate effective business plan presentation techniques.
Midterm Examination 20%
Group Project 15%
Business Plan 25%
Final Examination 30%
Participation 10%
100%
Textbooks and Materials to be Purchased by Students
Kapron, Juille, BIZPLAN BUILDER, Latest Edition. ITP Publishing.