The document discusses how to create a simple but effective business plan (BP). It recommends including key information like the organization's vision and goals, target customers, strengths and weaknesses, strategies for overcoming barriers and increasing targets, financial details, and timelines. The author advocates keeping the BP concise by focusing on essential information and strategic areas while allowing flexibility to revise the plan over time based on changes. An effective BP does not need to be complex but should clearly convey the core elements in a straightforward manner.
Title: Developing an effective business model
chapter: 6
Book: Entrepreneurship successfully launching new ventures
Author: Bruce R. Barringer
Edition: 4th
Presenter: Fahim Hassan, Md. Sadid Uddin, Md. Hafizur Rahman, Md. Shahalam Khan, Tanveer Al Jamee
University: University of Dhaka
Department: Finance
Degree: B.B.A.
Batch: 19th
Section: B
Modeling Competition-driven Business Strategy for Business IT AlignmentCωνσtantίnoς Giannoulis
Business strategy aims at supporting the vision of an enterprise,
by paving the way to achieve it through goals that direct the
strategy’s execution. Aligning business strategy to system requirements
requires explicit models from both business strategy and requirements
engineering. However, existing business strategy definition approaches
are informal and their syntax is based on natural language, therefore,
they cannot be used in model-driven alignment. An objective of our
research is to define a well-structured business strategy modeling language.
In this paper, we propose a business strategy meta-model based
on Porter’s work on competition driven strategy and its extension by
Stabell and Fjeldstad. Our UML meta-model is formalized in Telos and
OWL. An initial validation is performed by instantiating the meta-model
using a case scenario.
Title: Developing an effective business model
chapter: 6
Book: Entrepreneurship successfully launching new ventures
Author: Bruce R. Barringer
Edition: 4th
Presenter: Fahim Hassan, Md. Sadid Uddin, Md. Hafizur Rahman, Md. Shahalam Khan, Tanveer Al Jamee
University: University of Dhaka
Department: Finance
Degree: B.B.A.
Batch: 19th
Section: B
Modeling Competition-driven Business Strategy for Business IT AlignmentCωνσtantίnoς Giannoulis
Business strategy aims at supporting the vision of an enterprise,
by paving the way to achieve it through goals that direct the
strategy’s execution. Aligning business strategy to system requirements
requires explicit models from both business strategy and requirements
engineering. However, existing business strategy definition approaches
are informal and their syntax is based on natural language, therefore,
they cannot be used in model-driven alignment. An objective of our
research is to define a well-structured business strategy modeling language.
In this paper, we propose a business strategy meta-model based
on Porter’s work on competition driven strategy and its extension by
Stabell and Fjeldstad. Our UML meta-model is formalized in Telos and
OWL. An initial validation is performed by instantiating the meta-model
using a case scenario.
BUSINESS PLANNING 101: ENTREPRENEURIAL MASTERCLASSTaiwo Adepoju
BUSINESS CONCEPT, BUSINESS IDEA, BUSINESS PLAN, WHY AND HOW OF BUSINESS PLAN, STRATEGIES FOR EFFECTIVELY WRITING A SUCCESSFUL BUSINESS PLAN, BUSINESS DEVELOPMENT PROCESS, BUSINESS PLAN FORMAT
Slides from my class on "Business Model and Strategy" in the Strategy MBA course at Aarhus BSS, Aarhus University (Sep 2014).
Key takeaways:
- business model describes the essence of business in simple terms;
- business model is different from and complementary to strategy;
- business model affects firm’s performance.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
When you launch a business without a plan, you can easily waste money and precious time targeting the wrong audience, launching failed marketing campaigns, underestimating their business costs, and simply spinning their wheels in their quest for success.
A business plan functions as a “crystal ball” of sorts. It helps you to peer into the future and predict different outcomes. Though it’s certainly not perfect, it helps you map out where you currently are and where you’re headed.
In this slideshow, you will learn how to:
1 - DIY your Business Plan
2 - Write a Successful Business Plan that you can leverage to fund your business
3 - Appeal to investors
You can also grab our business plan template here:
https://bit.ly/BusinessPlanTemplateBundle
The Business Model Tree: 3 Simple Ways to Visualize a Business Model & Have "...Rod King, Ph.D.
What is a business model? That is the question that every organization must ask and collaboratively answer.
Currently, there's no consensus regarding the definition and visualization of a business model. However, the above presentation increases a 1-page definition and visualization of a business model to which all other business model definitions and visualizations relate. Hopefully, the above presentation would help the business community develop a shared language and understanding of what a business model means.
How to prepare business plan is what is shown in these slides; Hints for preparing marketing, operations, financial plan and also highlights the risk areas to be covered in the plan, the questions the plan should answer along with milestones etc.
Business Acumen for Sales Managers & Sales ExecutivesAshraf Osman
Sales mistakes damage companies’ reputation and cause significant financial damages. Sales managers and senior sales executive should have business acumen skills of successful entrepreneurs
This 3 days focused and comprehensive course teaches numerous business acumen skills that require years of study and experience
BUSINESS PLANNING 101: ENTREPRENEURIAL MASTERCLASSTaiwo Adepoju
BUSINESS CONCEPT, BUSINESS IDEA, BUSINESS PLAN, WHY AND HOW OF BUSINESS PLAN, STRATEGIES FOR EFFECTIVELY WRITING A SUCCESSFUL BUSINESS PLAN, BUSINESS DEVELOPMENT PROCESS, BUSINESS PLAN FORMAT
Slides from my class on "Business Model and Strategy" in the Strategy MBA course at Aarhus BSS, Aarhus University (Sep 2014).
Key takeaways:
- business model describes the essence of business in simple terms;
- business model is different from and complementary to strategy;
- business model affects firm’s performance.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
When you launch a business without a plan, you can easily waste money and precious time targeting the wrong audience, launching failed marketing campaigns, underestimating their business costs, and simply spinning their wheels in their quest for success.
A business plan functions as a “crystal ball” of sorts. It helps you to peer into the future and predict different outcomes. Though it’s certainly not perfect, it helps you map out where you currently are and where you’re headed.
In this slideshow, you will learn how to:
1 - DIY your Business Plan
2 - Write a Successful Business Plan that you can leverage to fund your business
3 - Appeal to investors
You can also grab our business plan template here:
https://bit.ly/BusinessPlanTemplateBundle
The Business Model Tree: 3 Simple Ways to Visualize a Business Model & Have "...Rod King, Ph.D.
What is a business model? That is the question that every organization must ask and collaboratively answer.
Currently, there's no consensus regarding the definition and visualization of a business model. However, the above presentation increases a 1-page definition and visualization of a business model to which all other business model definitions and visualizations relate. Hopefully, the above presentation would help the business community develop a shared language and understanding of what a business model means.
How to prepare business plan is what is shown in these slides; Hints for preparing marketing, operations, financial plan and also highlights the risk areas to be covered in the plan, the questions the plan should answer along with milestones etc.
Business Acumen for Sales Managers & Sales ExecutivesAshraf Osman
Sales mistakes damage companies’ reputation and cause significant financial damages. Sales managers and senior sales executive should have business acumen skills of successful entrepreneurs
This 3 days focused and comprehensive course teaches numerous business acumen skills that require years of study and experience
What MOBU Can Do ?
Mobile Integrated System
Mobilitas tinggi dalam bisnis saat ini menjadi kunci dalam persaingan bisnis
#appraisalpeople #surveypeople #accountpeople #salespeople #salesforce #mobileapps
Proposal for an android app for digital willDevesh Singhal
This presentation presents idea for a new mobile app to have your digital will, where you can automatically send important information, email account passwards, social media passwords etc. to your near and dear ones after your death.
Cogniter has a highly skilled team of programmers, collectively having more than 10 years of experience who can deliver unique and attractive mobile applications to you.
In recent days mobile application development has come up with providing a unique solution for the business.
http://www.ndot.in/mobile-application-development.html
Create a powerful business plan with all the essentials to help get you funded. Don't waste time. This is everything you need to know about business plans.
5 Traits of Top ABM Programs and 3 Pitfalls to AvoidDemandbase
From creating the ABM category, to educating over 3,000 marketers on the principles of ABM, we’ve seen and heard it all for the last 6 years when it comes to ABM–so we wrote a book about it! We will share with you some of the lessons learned from the 100’s of companies we’ve worked with, including the top 5 things the most successful ABM-focused companies have in common.
Writing Your Business Plan - Training TranscriptSirra Ndow
The idea of owning running a business is exciting and can be very rewarding. However, becoming a successful business owner can also be very challenging. It requires the right mindset, perspective, attitude, traits & know-how.
Our Free Business Training is designed to give you an insight into what it means to own a business and provide you with the basics to get you started off on the path to success.
This compact but complete 10 session program will cover topics from accessing if business ownership is the right path for you, planning, opening your business to growing and expanding.
How can you get your ABM strategy off the ground?This workbook will help you kick-start your ABM journey and guarantee success! Complete with planners, flowcharts, checklists and templates, this workbook is a must-use for any B2B marketer getting started with ABM.
Get your business benefitted with the Silver Bullet Coaching Framework specially offered by the Small Business Coach Associate. Our Silver Bullet Framework will help small business owners to understand their business priorities better and strengthen day-to-day business operations for improved results. The Silver Bullet Coaching process will include powerful business learning process, plan deployment and so much which are crucial for an entrepreneur to learn. Need more details? Get in touch with us at Small Business Coach Associate now. Visit us:- http://www.smallbusinesscoach.org/
Lessons from the Front Lines: Making ABM Work for YouTechTarget
This presentation draws on TechTarget’s experience supporting 300+ ABM implementations to help marketers break down the complexities of Account-based marketing and simplify execution. Understand best practices and lessons learned based on real-life customer use cases.
1. A simple but effective BP
Write a simple plan and
make it effective
- Amal Krishna Biswas
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
2. What is a BP ?
A Business Plan (BP) can be defined as a document
that describes an organization's current status and
forecasts / plans for the growth in the times ahead.
This can be from a quarter of an year to several years in
the future.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
3. Main Features of a Business
Plan
The main motive of a business is profit. Business men don’t rush into
business unless they forecast their weaker areas first. A strong plan can
either sustain a business or can ruin it.
Business Plans is a simple representation of balancing and
gaining edge over the weaknesses of a business with the
strengths.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
4. The Strategic Mind behind BP
If you fail you might be Heart Broken, but if you never tried you
are doomed. Working with strategies is the primary scope in
Business Development and for Business Managers.
Learn to strategically place yourself out of scenarios. You are
never the main concern. You are just the representing medium.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
5. Focus Strategic Plans
Focus the strategic parts of your plan related to:
Time and Energy to attain goals (predefine what is to be
achieved)
Resource allocation (Count chickens before they hatch don’t
take in too much. Promise what can be delivered)
Your Business and Competition (Analyze your strengths and
weakness)
Employee communication (nice trick, don’t take the blame
over you)
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
6. Extended Tricks To Strategy
A Secret Business Mind working
Divide the work. Take The Correspondence.
Editable BP – make BP in revisions as you go in depth, make
it finalized when you are sure about zero loopholes
Make another BP as a Plan 2, so that anytime you can seek
in more resource (handy but a tough trick)
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
7. A Simple plan that shouldn’t fail
Apart from working on strategies
and conventional ways of drafting
a BP, a simpler way to provide BP
is working on information.
This is what makes a simple plan
more effective and interesting
Simple they say is always the best
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
8. How to Draft a Simple BP
So How to work on a simple Business Plan ? Work on These lines:
Vision of organisation (or whatever ur plan is)
Goal of future
Clients, Users, Target market
Edge of you / ur team / company
Barriers to achieve the target
Better serve clients..how ??
Ad more to target..possible ??
Adding new customers / users / target market share
Accountings
Starting of the plan dates
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
9. Vision of organization
Know organizational vision
Where company wants to go ? Will the organization fully supply
you with resource ? How can you plan accordingly and what a
company needs to do to attain goals
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
10. Future Goals
Make Futuristic but realistic goals.
Dream in night, jot down in day how you vision the part of
business. Where do you want to go. Answer is this possible ? If
yes How
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
11. Clients, Users, Target market
Probably most important feature of the business. Understand
whom to target and how. Know a users mind and you know
business. If you provide Baby food to a teenager probably this
wont sell.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
12. The Edge and Strength
Edge over your competition is the strength you possess. This also
features
Special achievement and knowledge in team which can result
growth
Special viewpoints and ideas
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
13. Barriers to achieve the target
These are the weaknesses and provide how these can be
removed.
Can be
Resource
Finance
Machinery
Communication barrier
Plan accordingly and suggest ways so as to remove barriers.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
14. Better Client Servicing
Clients are your customers. They are God.
Always take a peek in better client services
Communication
Advices
Response Time
Suggestions
Everything can be accounted in this section
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
15. Increase in Target
Always Increase target. That’s why is a business plan, grow the
business.
The best way is dividing targets quarterly
During 1st phase it is least say 20% of total growth
Increase a bit in second phase based upon your calculations
The third phase is the highest increase
Remaining of target comes in last phase (where you also analyze
the present BP to formulate for new financial year)
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
16. New Segments of Scope
Is there a new market ?
Are their any growth in certain sectors ?
How can these be trapped ?
Are there any specific strategies ?
How do you plan to grab a new target market ?
Answer these questions in this section.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
17. Accountings
Financials and Accounting facts to be dealt with. This might also
take into account project costs. The best way to calculate project
cost is upon hours you have to give in.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
18. Time Management
Manage the time based upon estimation, take into account flaws,
limitations and resource. Always remember to add 15% - 20%
time leeway due to unknown factors.
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com
19. The Last Words
Have a business plan that is simple to grab user / reader
attention. The simple rules and information can make a killer BP
to turn heads and maximize business.
Thanks And Regards
Amal Krishna Biswas
Image Courtesy: veer
Presentation by Amal Krishna Biswas. http://premsworld.blogspot.com