Have you heard of the “Power of Three” and Problem-Based Learning? Read what we have to offer you.
Ask our mentoring experts, who are highly experienced business professionals to help you for instance
We have developed an innovative and easy to use business planning maps that demystify the process for example
I took part in a one-week Business start-up program The Tutor for the week was Thomas Cullen of Sherpha. As an instructor he was outstanding. His teaching skills were exceptional. He effortlessly set up a very good rapport with the great variety of people on the course. Thomas was engaging, direct, on top of his brief ( rarely if ever needing to consult notes) his PowerPoint presentations were always just that; on point and powerful.
Thomas had all those participating in the class arguing, discussing, talking points of view, imagining situations, and at all times commenting and tangling with the brief whatever that was on the day. If the sun was to set on all his skills tomorrow the one that stood out was his honesty.
Incredible success and abject failure were either side of the coin of that experience. He never shirked from putting himself on the mountain top to laud his success; equally, Thomas told the story of his failures with candor.
His confidence was unbounded and his belief in what he was doing absolutely. Thomas’s experience of the business world and his legal background packs an enormous punch when they combine in what is his obvious calling mentoring those who are trying to get going in business.
• Set out what you aim to do i.e setting targets.
. Therefore, reduce the risk of failure
• As a result, assist with the raising of business finance
• To sum up, make your mistakes on paper!
Firstly, return expected and why?
Secondly, what resources required to win?
Thirdly, what are the Risks, Challenges and Barriers associated with the project or business?
Where it has come from, where it is now, and where it is going in the future?
How it intends to get there, how much money is needed?
What makes it likely to succeed and the threats or weaknesses need to be overcome?
A business plan is 75% research and 25% format
It provides ØStrategic Guide for you . Ø A plan for Lenders / Grants now . ØInvestors in the future .
We will now provide you with some tips and hints to learn how to write a business plan
However, the most important function that a great Executive Summary serves is communicating to the reader why they should read the rest of the business plan, and why you want them to.
In this section of the business plan, you should explain precisely:
Explain, what are the compelling reasons why the business will succeed in an extremely competitive environment? What are the market dynamics that provide a business opportunity?
That is to say, outline how you compare to others in the marketplace and the goods or services they provide. Explain how you will compete and on what terms can you excel.
Above all this requires a deep understanding of your marketplace and how your business positions itself and how you will compete with existing players.
Give an overview of the people and processes of your operations and what competitive advantages do you have so that you can successfully realize the business opportunity, therefore :
Operational Plan –all day-to-day operations of the business.
Firstly you should include, Production or Service Delivery; Quality Control; Inventory; Suppliers; Credit policies; Legal environment; and location.
Secondly Structure – Provide a list of the people involved experience and their roles in the business use an organization chart. Also, include any third party advisors and non-executive directors.
Above all, be realistic but stretch your projections, budgets, and goals that are unique to each business. Explain your assumptions on which you based your forecasts. Every good Financial Plan will include: