As the saying goes, one who fails to plan is likely to plan to fail. Doing business is about taking risks, the informed risks, but not letting things happen on their own. To be informed of the risks to be taken, potential owners should have a lean plan to start with. To be informed of the sustainability of the existing business, stakeholders need business plans of different time spans covering different spectrums.
The budgeting in the context of this programme focuses on the yearly budget which is based on the business plan. Successful businesses involve a reasonable level of “intervention” – the stewardship and control. Without a business plan or budget, the benchmarked expectations are missing, let alone using them to measure against the actuals.
Upon completion of this workshop, participants will be able to;
Business owners and managers who develop business plans/budgets or provide the parameters to the development of business plans/budgets.
Module 1: Crafting a business plan:
All of our Associate Trainers offer our high level of service therefore are subject to regular peer assessments and interview prior to joining our Institute. They must all be qualified and have relevant experience to an agreed level and are subjected to continual audit and evaluation. Strict internal assessment is implemented as an integral part of our quality control mechanism.