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How to Create a Business Plan (Workshop at IIT Roorkee)
 

How to Create a Business Plan (Workshop at IIT Roorkee)

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How to create a Business Plan, a Workshop conducted at IIT Roorkee on the occasion of ESummit 2010.

How to create a Business Plan, a Workshop conducted at IIT Roorkee on the occasion of ESummit 2010.

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    How to Create a Business Plan (Workshop at IIT Roorkee) How to Create a Business Plan (Workshop at IIT Roorkee) Presentation Transcript

    • How to create a Business Plan? Pradeep Chopra Co-founder, Digital Vidya
    • Plans are _______ Planning is _______ useless priceless - Dwight Eisenhower
    • Why Business Plan?
      • Operating and Financial Plan
      • Your map and compass for the future
      • Sell yourself on your business
      • Sales Pitch
        • Investors
        • Partners
        • Customers
        • Employees
      • MAKE MORE MONEY
    • Key Elements of a Business Plan
    • Executive Summary
      • Concise Explanation
        • how
        • Present =====> Future
      • Most Important Part
      • 5 Mins Test
      • 1-2 Pages Long
      • Written LAST
    • Company Describe in 1 sentence how your business proposition is valuable to mankind
    • The Core Team Names of the Members of the core team Skill Set & Previous Experience
    • Customer Perspectives Who are your customers? Define their Pain Areas and how your business will address them.
    • Market Size Define market size in terms of current spending and acquirable market.
    • Value Proposition Define company/product value proposition. Share any case studies if available.
    • Offerings Describe your product/service (functionalities, IP, tech etc). Show product development roadmap.
    • Business Model Revenue Model & Pricing
    • Sales & Marketing How will you acquire customers and build brand?
    • Kogi Korean BBQ Taco Truck Blog + Flickr + Twitter - 10 people/stop to 800 people/stop
    • Competition Who are they? How will you compete?
    • Financials Cash Flow, Revenues & Profits Detailed Short Term (1 st Year) & Overview of Long Term (3–5 years)
    • Start Planning…
    • Thank You! Let’s stay in touch! http://facebook.com/pradeepchopra http://linkedin.com/in/pradeepchopra [email_address]