- Introduction: Who We Are
What you'll learn
- Write a well thought out business plan.
- Create a vision for the future of your business.
- Structure your time to achieve your goals.
- Share your business with investors.
- Increase your chances of recieving funding.
Description
Many successful entrepreneurs never write a formal business plan. However, they do create a vision for the future; they do set goals regularly; and they do structure their time to achieve their goals – they just don't write a formal 30 page document. So why do most colleges and universities offer a course in business plan development? Here are eight great advantages we see in creating a longer and more complete plan:
- It is essential for raising money from banks, angel investors and venture capital groups. No one will give you money without a professional, well thought out business plan.
- It forces you to answer questions that will expand your knowledge of your market, competitors, business model, management team, marketing strategies, and financial plan.
- It teaches you a process of research and discovery you can continue to implement throughout the growth and development of your business.
- It improves your communication skills. Writing a full plan and presenting it to others helps improve both your written and oral communication abilities.
- It will help you attract the key talent you need to succeed. A well devised plan can help you find advisors, partners, team members, suppliers, etc.
- It tests your commitment to launch the new venture. After working through all the issues on paper you will know if the venture is feasible and if you want to proceed.
- It provides a roadmap for executing your business concept. If you choose to proceed with your startup, your plan specifies what needs to be done quickly to gain traction.
- It won't hurt you! It certainly isn't going to weaken your new enterprise. Rather, it can increase your chances for success.
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Información sobre el Instructor
- 4.4 Calificación
- 10539 Estudiantes
- 9 Cursos
The Main Street Entrepreneur
Build your dream company doing what you love.
Since 1994, we have been meeting with and interviewing successful business builders. We have toured their facilities, met with their employees, observed their behavior, and recorded their stories. Our fieldwork has uncovered the critical practices successful entrepreneurs use to start and build thriving companies. When these practices are used in a new and growing venture, the probability of success goes up dramatically; when these practices are absent, the probability of failure is high. Our entrepreneurial training programs will teach you how to implement these critical practices in your own business. By mastering these concepts, you will greatly improve your odds for success.
Our team is comprised of individuals with extensive experience as entrepreneurs, business consultants and university professors. We also have an in-house film department that has interviewed and filmed hundreds of entrepreneurs around the world.
At The Main Street Entrepreneur, our mission is to provide the most innovative and engaging resources available to help aspiring entrepreneurs and business builders create successful ventures. We help turn ideas into opportunities, opportunities into business models, and business models into thriving organizations. While doing so we pledge to maintain values of exemplary leadership, continuous improvement, distinguishing service, excellent efficiency, total integrity, and a broader contribution.
Student feedback
4.4
Course Rating
Reviews
Ashish
09-03-2020
NOT OF MUCH USE IF U R LOOKING AT THIS AS A HELP TO CREATE UR OWN BPLAN
Aleks Forest
06-12-2019
This is not value for the money, you can cut trough this in 15 min. I looks more as introduction for something bigger. Literally I had feeling I am watching extended trailer.
Neel Prabhu
12-03-2019
Good inputs in preparing business plan
Anonymized User
15-02-2019
The course was entertaining and gave core components of a business plan as well as what venture capital likes to see.