Business Planning for Profit and Growth Training Workshops

Business Planning for Profit and Growth
1 Day Course Outline and Program

Harare Holiday Inn Saturday 3 September 2011

Morning Session
0830-0900: Registration and Morning Teas
0900-0920: Introduction, course objectives and course outline
0920-0950: How to analyze the viability and feasibility of your plan
0950-1030: Types, purposes and layouts of business plans
1030-1045: Tea break
1045-1200: How to write a business plan Part 1: Introduce yourself, your goals, your business, your management and the business opportunity
1200-1300: How to write a business plan Part 2: Describe your products / services, customers, market.
1300-1400: Lunch break

Afternoon Session
1400-1515: Writing a business plan Part 3 Analyze the competition, describe your strategies, marketing, production and people plans.
1515-1530: Tea break
1530-1600: Writing a business plan part 4: Make realistic financial projections.
1600. The end

Business Planning for Profit and Growth

Modules

a) How to analyze the viability and feasibility of your business idea (30 min)
Viability is the ability to exist, make profit and grow
• Technical viability: does the product work? Can you get it / make it?
• Market viability: how many people want to buy your product? Market research: observe, ask, talk ->
• Financial viability: Break-even analysis: how many items do I need to sell in order to cover my costs: fixed costs (actual), variable costs (find out from other businesses), gross margin, {BE = fixed costs / gross margin per unit}
• Legal viability: licenses, contracts, agreements, statutory requirements: taxes, health standards etc
• Feasibility: will the business generate profit? Cost of starting, competition, how will targeted customers know about your product? How will you manage the business?

b) Essential information you need before starting to write a business plan (45 min)

• Capital requirement: People, machinery / equipment, premises etc (Capital Costs)
• Working capital requirement: expenses before generating revenue
• Marketing efficiency: costs of bringing in one customer / expected value from the customer
• Expected sales:
• Simple financial projection- monthly revenue –costs of sales- expenses= gross profit

c) Layout, types and formats of business plans for various purposes (15 min)
• Business plan for bank / financier: emphasize ability to repay loan, cash flow generation
• Business plan for investor: growth potential, profitability and value of business
• Internal business plan: action plans, resources required, timelines

d) How to write a business plan step by step (90 min)
• Step 1 Introduction to the business and management
• Step 2 Product and service description
• Step 3 Market and Industry Analysis
• Step 4 Marketing Plan
• Step 5 Sales and Distribution Strategy
• Step 6 Production Strategy and Structures
• Step 7 Financial Strategy
Using the financial templates
Excel templates, contains instructions.

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