Course Content
How To Prepare Your Business Plan
To prepare for writing a business plan, conduct research and arrange material. Every successful business is the result of careful preparation and study. Effective planning begins long before your company/business opens to the public.
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Introduction to Prepare For Your Business Plan
03:38
Research Your Market
06:35
Research Your Competitors
05:25
Add a Table to Analyze Your Competitors
04:28
Prepare For Your Business Plan Wrap-Up
01:59
Downloadable Resource: Business Plan Development Guide-eBook
Downloadable Resource: CHECKLIST – How to Write a Business Plan
Assignments
Write A Business Plan
What You will Learn in this topic: Introduction to write a business plan. Write a business description. Add information about your product and services. Add information about competitors and your experience. Writing an executive summary. Write a business plan wrap-up.
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Introduction to Write a Business Plan
04:06
Write a Business Description
05:13
Add Information About Your Products and Services
04:50
Add Information About Competitors and Your Experience
00:00
Write an Executive Summary
03:17
Write a Business Plan Wrap-Up
03:04
Downloadable Resource: Small Business Manual-eBook
Downloadable Resource: A Brief Guide to Starting a Home-Based Business-eBook
Answer all 3 questions.
00:08:00
Estimate Financing for Your Business Plan
This is a brief outline on what you will be learning during this lesson: Introduction to Estimating Financing for Your Business Plan Estimate Startup Expenses and Capital  Total Your Startup Expenses and Capital Project Profit and Loss for Your First Year  Add Calculations to Your Profit and Loss Projections Add Financing Information to Your Business Plan Estimate Financing for Your Business Plan Wrap-Up
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Introduction to Estimate Financing for Your Business Plan
02:25
Estimate Startup Expenses and Capital
04:04
Total Your Startup Expenses and Capital
02:52
Project Profit and Loss for the First Year
05:10
Add Calculations to Your Profit and Loss Projections
04:27
Add Financing Information to Your Business Plan
03:41
Estimate Finances for Your Business Plan Wrap-Up
01:55
What is the purpose of a financial plan for your business?
Why is a financial plan important to your business?
Final Quiz
Answer all Questions.
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Final Quiz
00:08:00
Preparing a Business Plan
About Lesson

Estimating financial information, such as launch expenses and predicted earnings, is an important part of effectively starting a business.

A financial strategy determines how much it will cost to launch your business and where you will obtain the necessary resources.

It also anticipates income and profit once the business is open, so you know when the business will be lucrative.

Your business plan’s financial facts can help you acquire money from investors and lenders, making it a very useful resource.

In this session, you will use a spreadsheet to assess startup costs and sources of money for your business.

In addition, you will forecast profit and loss for the first year.

This type of financial planning will assist you in preparing to contact a bank for a loan.

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