ENT2-A2. How to achieve an efficient Business Plan?

ENT2-A2. How to achieve an efficient Business Plan?

TIMING/LENGTH (IN MINUTES): 40’

DESCRIPTION

DO
In order to create a good business plan, you need to follow different steps:

  1. Ask yourself the right questions.
    *What is the idea of my project in one sentence? Which clientele am I targeting? With whom will I launch my business?; Why do I need funds?

This will help you to have a clear idea of your business

  1. Study the market situation for your project-
  2. Establish a financial model of its activity
  3. Write your business plan as a team
  4. Make an executive summary
  5. Have your business plan reviewed

DEVELOPMENT/METHODOLOGY

Now that you’re convinced of the need for a business plan, and the steps to make it happen, it’s your turn to implement your business model.

LEARN

You can now practice with the business model canvas tool. Very simple to use, it will allow you to give a concrete ambition to your project.

This model is a tool that is used to simply transcribe a company business model.

The business model canvas provides information on:

-the financing of the company;

-the value proposition;

-the target customer;

-the cost structures.

This template is presented in the form below:

https://www.tuzzit.com/fr/canevas/business_model_canvas

DO

Activity: Now you have 20 minutes to make your own Business Model Canvas. To help you, use the resources provided under Materials (videos and articles) to guide you in this process.