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Business Planning BBS302 Course Outline

If you have decided to start your own business, or perhaps assist someone else in starting theirs, planning is essential. Starting a business can be overwhelming, but it need not be.  The first step to starting your own business is researching what you need to know and what to plan for.We will guide you through this process, helping you understand key business requirements and how to approach them.  We will show you how to develop your own business plan designed to promote a successful launch.

You will discover how to identify the focus of your business and the direction you want to head.  You will uncover legislative and administrative requirements and assess the best way to address them.  You will learn how to develop a marketing plan including objectives and strategies.  You will find out how to prepare and execute; operational plans for daily business activities, human resource plans to ensure effective staff management, financial plans to ensure the longevity of your venture and contingency plans to manage any risks you may encounter.

To start planning your new business you need to get started, CourseStream will provide you with the expertise you need to succeed and we are here to support your learning experience.

Course Aims

  • Describe what a business plan is, and it main components
  • Differentiate between a vision statement and a mission statement
  • Discuss legal and administrative requirements of a business
  • Explain the importance of a business name
  • Explain the importance of setting goals and objectives in a business setting
  • Describe strategies for coping with growth
  • Describe different types of business risks
  • Explain marketing process
  • Explain operations planning
  • Explain the importance of human resources
  • Explain the purpose of financial planning

Course Outline

There are 11 Lessons in this course:

Introduction to Business Planning
  • The business plan
  • Strategic and operational planning
  • Feasibility studies
  • Executive summary
Focus and Direction
  • Deciding on direction
  • Visualising future business directions
  • Vision and mission statements
Legal and Administrative Requirements
  • Legal structure of a business
  • Business names
  • Taxation
  • Regulations
  • Licenses and permits
  • Types of business ownership
Developing Objectives and Strategies
  • Setting goals and objectives
  • SWOT and GAP analyses
  • Strategies for achieving objectives
Planning for Growth
  • Planned as opposed to runaway growth
  • Subcontracting
  • Franchising
  • Licensing
  • The growth plan
Risk Management and Contingencies
  • Approaches to risk management
  • Identifying business risks
Systems
  • System components
  • Quality audit
  • Benchmarking
  • Business plans as a mechanism of control
Marketing Plans
  • The definition of marketing
  • Marketing requirements
  • The marketing process
  • Market research
  • Implications of unplanned marketing
Operation Plans
  • Control of business operations
  • Writing an operation plan
Human Resource Plans
  • The value of human resources
  • Occupational health and safety
  • Skills and competencies of different staff
Financial Plans
  • The importance of financial planning
  • Establishment costs and start up capital
  • Cash flow forecasts
  • Profit and loss statements

Enrol Now

  • Experienced Tutor support
  • Certificate sent to you
  • Online study (Printed notes available)
  • Self paced - no set timetable
  • 12 months to complete course

From: $35.00 / week for 19 weeks

Clear

Send me a free info pack

If you have decided to start your own business, or perhaps assist someone else in starting theirs, planning is essential. Starting a business can be overwhelming, but it need not be.  The first step to starting your own business is researching what you need to know and what to plan for.We will guide you through this process, helping you understand key business requirements and how to approach them.  We will show you how to develop your own business plan designed to promote a successful launch.

You will discover how to identify the focus of your business and the direction you want to head.  You will uncover legislative and administrative requirements and assess the best way to address them.  You will learn how to develop a marketing plan including objectives and strategies.  You will find out how to prepare and execute; operational plans for daily business activities, human resource plans to ensure effective staff management, financial plans to ensure the longevity of your venture and contingency plans to manage any risks you may encounter.

To start planning your new business you need to get started, CourseStream will provide you with the expertise you need to succeed and we are here to support your learning experience.

Course Aims

  • Describe what a business plan is, and it main components
  • Differentiate between a vision statement and a mission statement
  • Discuss legal and administrative requirements of a business
  • Explain the importance of a business name
  • Explain the importance of setting goals and objectives in a business setting
  • Describe strategies for coping with growth
  • Describe different types of business risks
  • Explain marketing process
  • Explain operations planning
  • Explain the importance of human resources
  • Explain the purpose of financial planning

Course Outline

There are 11 Lessons in this course:

Introduction to Business Planning
  • The business plan
  • Strategic and operational planning
  • Feasibility studies
  • Executive summary
Focus and Direction
  • Deciding on direction
  • Visualising future business directions
  • Vision and mission statements
Legal and Administrative Requirements
  • Legal structure of a business
  • Business names
  • Taxation
  • Regulations
  • Licenses and permits
  • Types of business ownership
Developing Objectives and Strategies
  • Setting goals and objectives
  • SWOT and GAP analyses
  • Strategies for achieving objectives
Planning for Growth
  • Planned as opposed to runaway growth
  • Subcontracting
  • Franchising
  • Licensing
  • The growth plan
Risk Management and Contingencies
  • Approaches to risk management
  • Identifying business risks
Systems
  • System components
  • Quality audit
  • Benchmarking
  • Business plans as a mechanism of control
Marketing Plans
  • The definition of marketing
  • Marketing requirements
  • The marketing process
  • Market research
  • Implications of unplanned marketing
Operation Plans
  • Control of business operations
  • Writing an operation plan
Human Resource Plans
  • The value of human resources
  • Occupational health and safety
  • Skills and competencies of different staff
Financial Plans
  • The importance of financial planning
  • Establishment costs and start up capital
  • Cash flow forecasts
  • Profit and loss statements

Send me free info pack

Enrol Now

  • Experienced Tutor support
  • Certificate sent to you
  • Online study (Printed notes available)
  • Self paced - no set timetable
  • 12 months to complete course

From: $35.00 / week for 19 weeks

Clear

OR

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