The 45-Minute Business Plan

41mBeginner2020-09-15

Authors

WealthFit

An e-learning company focused on financial education

Course details

If you want to succeed as an entrepreneur, you can’t just dive right in. You need a plan! In this course, learn how to create a simple and effective business plan you can take to investors, share with cofounders, or just start executing. Discover how to design every part of your business step by step, including how to calculate the startup costs of your new business, plan and predict the cash flow, and determine your business’s mission and goals. Upon wrapping up this course, you'll have the knowledge you need to build a bulletproof business plan in less than an hour.

Skills covered

Business StrategyBusiness Analysis and StrategyLeadership and ManagementOne-Off

Concepts

0. Introduction

01 - Creating a powerful business plan to excel
02 - Getting the most out of this course

1. Executive Summary

03 - Executive summary

2. Company Summary

04 - Corporate structure and ownership
05 - Mission and vision statements, products, and services
06 - Pricing information and goals
07 - Keys to success and SWOT analysis

3. Additional Areas

08 - Market analysis
09 - Industry analysis
10 - Product or service description

4. Strategies and Implementation

11 - Excel in advertising and selecting your target market
12 - Determining your website strategy
13 - Milestones in your business plan
14 - Define your exit strategy

5. Types of Financial Plans

15 - Types of financial plans
16 - Opening statement
17 - Short term
18 - Intermediate term
19 - Financial risk management
20 - Cash adequacy protection plan
21 - Management succession plan
22 - Long term
23 - Startup summary

6. Sales Forecast

24 - An overview of a sales forecast
25 - Charting your sales forecast
26 - Personnel plan
27 - Projected profit and loss
28 - Projected cash flow and balance sheet

7. Break-Even and Business Ratio Analysis

29 - Using a break-even analysis
30 - Business ratio analysis

Conclusion

31 - Next steps