Business Planning (How to Write a Business Plan) Webinar

About This Event

Business planning is a necessary exercise when in starting and wanting to grow your business successfully and more effectively. To attract funding or target new markets will only succeed when a robust business plan is in place.

This workshop will ensure that you have a business plan with a clear strategy; accurately assessing, examining and evaluating what you are trying to accomplish and what are the best ways to do so. Developing an effective plan that will be realistic, and help you take into account your skills and experience, and what financial resources you have or will need to secure.

Writing a plan helps you think about what you will be doing, how you are going to do it, anticipate potential pitfalls and the competitive threats you face.

The danger of not planning your business is having to learn as you go along which can be a costly and expensive path to choose.

Whether you need a business plan to raise finance or if it is just a guide for yourself, it is a working tool that you can use to help you run the business, measure progress and revise and update your strategy over time.

What will I learn?

In this workshop you will look at how to format a business plan by answering these five key questions.

• What problem is this business solving?

• Who is this business going to target and who will it be competing against?

• How will this business reach its target market?

• What are the strengths and weaknesses of this business?

• Does this business have the potential to make money?

In addition, you will learn how to write a succinct and effective Executive Summary that will engage potential investors. You will also look at how to evaluate additional elements you may need to help your business succeed, including the amount of time you may need for market research and developing a strategy. Finally, you will look at some common pitfalls and mistakes when writing a business plan.

After registering you will receive registration forms via e-mail from DocuSign, you will need to complete these electronically and once complete we will send you the Microsoft teams joining instructions.

Please make sure that you are able to join the webinar before you apply to join. If your place is confirmed and you are not able to join we reserve the right to exclude you from further bookings where places are in short supply.

For any further information or special requirements for course attendance, please contact WSX Enterprise Ltd:

https://www.wsxenterprise.co.uk/support/startup/business-hot-house/