Business Planning
Business Planning - Course Outline
Business planning is critical in the achievement of business objectives and hitting targets. This business planning training course provides a thorough grounding in how to create, measure and implement a business plan. Delegates will address the key strategic, planning and budgetary issues for implementing a successful business plan and have the opportunity to review the initial stages of their own plans using their own real data.
Course Objectives
Identify the key steps of the business planning process.
Relate your plan to the organisation's business plans and objectives.
Devise, evaluate and implement a successful business plan.
Develop key indicators to track progress versus the plan.
Manage the budgetary aspects of a business plan.
Decide how to review and revise the business plan.
Course Designed For
Any member of staff for whom the production of a business plan is in their area of responsibility
Course Content
The Key Elements of a Business Plan
What is the business plan? - purpose and key elements
Understanding the business plan cycle
Techniques for developing business planning
Relating your plan to corporate objectives and strategy
Identifying resources required
Business Analysis and Strategic Planning
Market analysis - SWOT
Competitive profiling and analysis
Market analysis - market size and future trends
Boston Matrix
Strategic planning
Implementing the Plan
Financial management and reporting
Creating and controlling a budget - managing costs, cash flow, income and profit
Pay out and return on investment
Risk identification and management
Managing resources - setting team/departmental objectives and direction
Evaluating and Evolving the Business Plan
Measuring success - where are you in the plan and what have you achieved
Reviewing and reporting progress versus plan
Personal Development
Develop a personal action plan
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