A journey of a thousands miles start with a step.

1. ENTREPRENEURSHIP
BY DJEUMO E. CYRILLE
Help Hospitality services is at the quest of customers satisfaction and profit maximization
WEDNESDAY 12TH OCTOBER 2016
WELCOME
NADEV ENTREPRENEURSHIP ACADEMY

2. BY DJEUMO E. CYRILLE
MODULE - 3
Our vision is to be the highest experience leading partner in hospitality and tourism services.
Business Plan
Development

3. A journey of a thousand miles
start with a step

4. Writing a business plan is the first and most
important step in launching a business. This
lesson outlines the value of a business plan
and the key elements to include. A business
plan is critical for any successful venture. It
is necessary for planning, to attract the
right investors and identifying the skills
required in order to recruit the best team.
Lesson Description

5. At the end of this training participants should
be able to;
1. Learn the value in creating a business plan.
2. Identify the primary elements needed to
make it successful.
Learning Objectives

6. 1. What are some of the challenges you
face in starting a business?
2. How can a business plan help you in
developing your business idea?
3. Can we outlined the key elements of a
business plan.
4.Identify them and discuss how they apply
to your entrepreneurial ideas.
Discussion Questions

7. 1. Thinking about the “sales demand side” of
business, identify a product or service
that you could develop into a business. If
this product or service is new, identify the
market potential for this product.
Developmental Actions

8. 1. If this is an improvement of an existing
product or service, identify the reasons why
the current product or service is not meeting
customer needs, the market potential for your
improvement, and how you will convince
customers to upgrade to your new or
improved product.
Developmental Actions

9. 2. Develop a business plan for your
product — take the answer you provided
for question #1 and add the additional
elements: a list of the problems you
expect to encounter and how you plan to
solve them, the risks associated with your
venture and how you intend to reduce
those risks, and the costs you anticipate for
the first three years.

10. BUSINESS
PLAN
BY DJEUMO E. CYRILLE
MODULE - 4
Our mission is to empower people to improve on customer service and know that
through training and sensitization.

11. 75% of small business in Cameroon do not
respect their business plan… because they
where poorly written.

12. Introduction
•Writing a business plan is not
complicated, but you have to understand
the fundamentals. If you have a great
idea for an innovative venture and want to
start a business based on that idea, you
will need to attract team members and
secure capital.

13. •The best way to do this is with a solid business
plan.
•To convince others to join you in this exciting
adventure, you will have to pitch investors
and funders. Before they put up any money,
they will ask you many questions about your
idea, and you will need the answers! The
business plan will help you formulate the
responses that will satisfy their questions.
•But even before you go out and pitch your idea,
the business plan will help you work out the
potential issues and come up with solutions.

14. •This is important, whether you’re working
alone or leading a team.
•So what are the primary elements of a
business plan? In clear and concise
language, your business plan should
explain your idea as well as its market
potential. It should list the problems
that you expect to encounter, and how
you intend to solve them. It should
detail the risks associated with your
venture and how you intend to reduce
those risks.

15. How to Start Writing a Business Plan
•Your business plan should always begin with the
sales demand side. For example, if your idea is
to sell a new type of medicinal product for
Digestion, you’ll need to make assumptions and
determine how many tiens products you think
you can sell in kumba market in the first year.
And then in the second, third, and fourth year.
By the fifth year, perhaps you will expand into
new markets and begin selling different types of
tiens and associated services.

16. Secondly
•Before you can claim that, you will need to
do some research and find out the size of
the current market for tiens products. Are
there any problems with the Other
medicinal products currently being sold in
the marketplace? If so, you need to list
those problems, and explain why tiens
product is better. Is it because your tiens
product cure faster and deeply, is cheaper,
or is low in side effects, for instance?

17. Thirdly
•In your business plan, you will also need to
estimate how much your tiens product will
cost to purchase, and how much you can
sell it for. Your tea can be cheaper than
existing tea, or it can be more expensive if
you are convinced that your tea is better
than what’s on the market.
•The business plan will help determine how
much capital you need to raise in order to
get started and grow your business in the
first few years.

18. Fourth
•Once you’ve explained the sales demand
side, the business plan needs to also list
the use of funds. This list should cover
how much is needed for research, for
salaries, manufacturing, marketing,
distribution, Rent, Bills and everything else
you will need for the company to grow and
become profitable.

19. Fifth
•What makes a successful business plan?
Business plans are incredibly useful
because they allow you, your team
members and your investors to determine
whether you’re on the right track.
•If your market and pricing assumptions are
valid, the business plan will help you affirm
your business opportunity.

20. Advantages
•The reason most successful entrepreneurs
go through the process of business
planning is because it allows them to step
back and think through the important
issues associated with an abstract or
unproven idea. Having thought through
these important issues, the entrepreneur is
in a better position to persuade new team
members, investors and other stakeholders
of the value of that idea.

21. Evidence
•The best business plans demonstrate that
the founding entrepreneur has a great idea,
has identified an innovation, and has a
passion for that new product or service.
Because the plan forces the entrepreneur to
put the business under scrutiny, investors
will be reassured that the entrepreneur has
done his or her homework, has assessed
the risks, and laid down a sequence of
decisions geared towards establishing a
growing market share.

22. Summary
•Of course, entrepreneurs should know that
things don’t always go according to the
business plan, and that they should prepare
for contingencies.
•By demonstrating potential demand and an
ability to produce goods or deliver services
at a profit, the budding entrepreneur will see
the exercise of writing a business plan as a
great way to show that there is a real
opportunity, and that he or she has a game
plan to exploit it.

23. Exercise #1
1. According to Business Plan Training, A
Business Plan is necessary for planning,
to attract the right investors and
identifying the skills required in order to
recruit the best team.
A. I Agreed
B. I Disagreed
C. I have not Understood
D. The Trainer was not Clear.

24. Exercise #2
1. According to Business Plan Training, If you
have a great idea for an innovative venture
and want to start a business based on that
idea, you don’t need to attract team
members and secure capital.
A. I Agreed
B. I Disagreed
C. I have not Understood
D. The Trainer was not Clear.

25. Exercise #3
1. In your business plan, you will need to
estimate how much your tiens product will
cost to purchase, and how much you can
sell it for. Your tea can be more cheaper if
you are convinced that your tea is better
than what’s on the market. According to
Business Plan Training.
A. I Disagreed
B. I Agreed
C. The Trainer was not Clear.
D. I have not Understood

26. Exercise #4
•According to Business Plan Training. What
makes a successful business plan If your
market and pricing assumptions are valid.
A. I Disagreed
B. The Trainer was not Clear.
C. I Agreed
D. I have not Understood

27. Exercise #5
•According to Business Plan Training. The
best business plans demonstrate that the
founding entrepreneur has a great idea, has
identified an __________, and has a
________for that new product or service.
A. Passion
B. The Trainer was not Clear.
C. Innovation
D. Focus

29. Contacts
MALINGO JUNCTION , LADY L STREET,
MARC
LYNN BUILDING MOLYKO, BUEA.
hhs412103@gmail.com
www.facebook.com/helphosptalityservices
P.O BOX 1505,BUEA.
TEL +237 6342030, 233322046

30. THANK YOU