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Business Plan Overview

Looking Forwards | Day 1: Business Plan Overview

  • You will learn about course resources and templates.
  • Identify the different components of a business plan and understand its purposes.

What are the components of a business plan? Why is it critical to write a business plan? What should you include in each of the sections? All of these questions and more will be answered in this program. Creating a business plan is a critical tool for every entrepreneur as they consider the future of their business with an action plan. A business plan can help with financing and success of the business.

You’ll walk away with massive clarity around what you’re here to do, and how to get started doing it, starting TODAY!

Business Plan Overview

he business plan process is one of the first opportunities to test your business concept. Why is that? Because your business plan is your chance to be creative and find ways to challenge your business to make sure it can weather competition. business planning is also about enhancing your business and finding additional value your business could deliver.

In this program, we’ll take you through a process for designing a business plan. Watch the following presentation which will give you an overview of what we will be doing.

Big Insights

Why is the business plan process so important?

Download

Download your Business Plan Template

Conclusion

As of March 2018 approximately 15% of Canada’s labour force is self-employed. In 2017, Intuit projected that 45% of Canadians will be self-employed by 2020

Recent Statistics Canada information, an Intuit study, along with an older CIBC study, which drew its data from research commissioned from Statistics Canada, suggests the proportion will rise in the future. Canadians who have started new businesses in the past two years are generally more educated than the average in the population, and more educated than previous entrepreneurs.

Next Steps

What’s your vision?

You can’t even start to figure out how to answer your call to Self-Employment before you’ve made a clear choice about who you’re here to serve and the specific problem you’re here to solve.

Some people know from an early age what they’re here to do. Their vision is clear and they just set about doing it.

But most of us aren’t that lucky.

For most of us – we need a little help to uncover what that big vision really is, along with figuring out what the first steps are. In the next section, we’ll learn about different business structure options and outline the main idea behind your future business and how it has evolved to that point.

Tip: You can't move on to the next lesson in the workshop until you've marked the current one complete. When you click "Mark Complete" you'll automatically be taken to the next Lesson!