Building Business Plans

Business leaders tend to become so immersed in working within their companies that they do not take the time to plan effectively. This situation can be problematic for many reasons, including a lack of organization, focus, and financial success. Since external parties, such as financial partners and investors, have specific expectations concerning business planning, it can often be challenging to support growth plans and transactions without the right preparation in place.

It might be news to a lot of business leaders that most business plans are lacking in a lot of areas. Although the strategies found in the plan may be of specific use to a company’s management, it tends to fall short of what external parties, such as potential financial partners, require to make a financing or investment decision. This course will provide sound internal and external business planning guidelines, resulting in an opportunity to differentiate and distance from others in the marketplace and to support new growth.

The purpose of this course is to understand how to develop a business plan that can be utilized both internally and externally to help a company move forward. Doing it right involves developing a thorough and complete business model, strategy, and plan (including a financial forecast), as well as preparing to approach potential financial partners. This course also includes a practical component, allowing participants to develop their own business plans. Content will be useful to advisors and their clients, as well as for ongoing management and transactions purposes.