Business Plan: For Startup & Small Business Success Today! | Free Udemy Course

Here is the link: http://startyourownbusinessacademy.com/wp-content/uploads/2015/07/Cash-Flow-P-L-Combined-1.xls 

Hi,

Here is the link to the Cashflow Forecast: 

http://startyourownbusinessacademy.com/wp-content/uploads/2016/11/Cash-Flow-P-L-Combined-1.xls  

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(Copy and paste the link into your browser. Then, scroll down to the end of the page and click the "Download" button on the bottom left-hand side)

Let me know you get on!

Boomy

In this lecture we focus on the first part of "Why" you need to have a business plan. We explore the following -

a) Resources needed,

b) The realist time for success and

c) The importance of mapping out your journey

In this lecture we focus on the second part of "Why" you need to have a business plan. We explore the following -

a) Weaknesses of the plan and what to do about them

b) The use of a plan to investors

c) The opportunity to persuade others about your seriousness

d) A plan on paper allows you to fail on paper and not in reality

Here we introduce the 5 Parts Of A Comprehensive Business Plan. The Marketing Plan, Operations Plan, Financial Plan, Appendices and the The Executive Summary. This information sets the stage for what will be discussed to the next 2 lectures

Now I give you specific details on the Marketing Plan and the Operations Plan. The information given will enable you to begin working your way through the process of constructing your own business plan. The Marketing plan is the most important part of the business planning process so give attention to this section.

Finally I give you an in-depth description of the the Financial Plan, Appendicies and the Executive Summary. We have now covered the five parts to a comprehensive business plan. Although all the five parts will be covered in greater detail later we beging to draw an understanding of how the whole business planning process fits.

The Marketing is clearly outlined in this video with a variety of interesting examples that helps you generate the information that is needed to prepare your Business Plan. We cover the following:

a) Industry - Past, Present and Future

b) Sector - Past, Present and Future

The information here is cruial to enable you positiojn your business above that of your competitors

In the next 2 videos we explore the importance of Direct, Indirect and Future Competitors. Understanding their positioning and learning how they operate will be crucial to the way you develop your own marketing strategy.We also learn market availability and desire to pay for products are all proofs that a market exists.

We learn 2 more reasons why competitors are valuable to us as a Startup business. They are:

1) Helping us become more creative

2) Affects the quality of service received by the clients.

Here you will learn how to obtain information about your competitors so that our business plan can be realistic. Also a better view about the niche can be obtained. The numbers one way of getting the information is:

1) Read everything you can get about your competitors

2) Make a physical visit to their location where possible

In this lecture we discover the final 2 ways of getting information about your competitors:

1. Use their products

2. Review their financial records that are open to the publich

Differentiating between a Customer and Consumers. Understanding how the language used affects the level of business you are able to generate. We learn how to create a profile about your competitor as well as dealing with other businesses directly.

I give you an overall summation of how to get information about your competitors. This builds on the previous information and fills in the gaps.

After learning about competitors and other relevant information we can now write our own Marketing Strategy: I cover

1. Product benefits - what they are

2. How to market our business using products benefits

We can now understand our positioning

After establishing the products we have to offer we consider:

1. Working form home

2. Finding the right price. Balancing between covering your costs and getting the right price.

3. How the new business should promote their ventures

4. How the distribution process will work

Probably one of the most exciting features of the course is this section of the plan that will help you to achieve what Eric Ries call the Minimum Viable Product. I will teach you about focus group and product testing in this lecture.

What kind of name should you have your Startup? Does your name communicate what you do? Does your name have a searchable phrase with it? Getting the best name for your business is absolutely important. Let me show you how!

The 3 Step Process of getting the right names for your business. This will become useful when we go online to generate names.

In this lecture we focus on using Google as the medium for generating the best names for your business. We want to come up with a name that is searchable phrase that can attract clients to your new Startup.

This is the last video in the series of videos that explains how we can obtain searchable phrases about the name creation process.

This is the lecture that deals with some of the technical aspects of the business plan. This includes the business structure the venture will have. The management team and the necessary insurances are also explored.

This lecture helps us to determine whether we are making enough money to cover the cost of the business. This gives us a reality check of our Startup.

In this lecture we focus on why we need to know about a cashflow forecast and understanding how to manage the finance in and out of the business.

In this lecture you focus on how you will obtain the necessary figures for your cashflow forecast. Rather than plucking figures randomly, I expose you to unique ways of obtaining information for your cashflow.

Now the fun begins as we populate the cashflow template. This lecture show you in detail the various parts of the cashflow template and how it can be adjusted. Now you can watch over my should as I enter the figure.

In this lecture I take you further into the way a cashflow forecast should be populated for a stronger cash position. We cover a detail process of expenses reduction and strategic think. Well worth it.

Finally we learn how to use your cashflow forecast to determine exactly how much you need to run your business. People generally ash me how much they need to start their business, what they need to do is construct a cashflow and it will tell you how much you need.

The income position is an integral part of cashflow forecast that must be consistently improved. In this lecture I show you how to ensure that section remains buoyant so that the business is better placed for success.

Every business has to be strategic about the expense section of the cashflow forecast. So in this lecture I will show you how to ensure your expenses are reduced so that the cash position can be stronger!

Getting an income is one thing and understanding our expenses is another but the skill to tweak the differentiation section of the cashflow forecast must to learnt and used well. Here is the lecture to give you the 'How To'

In this lecture we bring it all together!

Having done all there is; we come to this final part and learn the 3 most important documents that should be included in this section. These documents are able to swing investment your way. Learn it now!