The number one mistake entrepreneurs make when starting a business is not having a written business plan. Having a written set of instructions to guide you is critical, and the research behind the plan allows you to identify hurdles as well as opportunities before you launch. Already have a business? A business plan is key when you want to grow your business too.
A well written business plan takes time, patience, and research. Why struggle needlessly when this course can walk you step by step through the process; whether you are contemplating a startup, growing a business or looking for financing.
Learn the different types and styles of business plans and when to use them
Learn the various parts of a business plan and what information they hold
Get tips and tricks to writing a business plan
Use templates to gather information for your plan and financial projections
Learn how to build a marketing plan
Learn the steps to analyze an industry for opportunities
Determine your target market and primary customer
Interpret what motivates your customer to buy your product
Learn the basics of sales forecasting & your marketing plan impact
Learn to use the financial modeling software
Use your data to build the foundation of a set of financials that you can take to the bank
Learn important financial planning skills as you build your financial model
Determine your needed startup funds, operating expenses and learn how to forecast sales units and prices
Learn financial statement basics including the income statement, balance sheet and cash flow statement
Disability accommodations should be requested by contacting the Louisville SBDC at email@example.com or 502-625-0123.