Free Course Image How to do a Business Plan

Free online courseHow to do a Business Plan

Duration of the online course: 8 hours and 16 minutes

4.78

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Learn how to create a comprehensive business plan with MIT's free online course. Covers venture ideas, marketing, sales, business models, financing, financial projections, and legal issues.

In this free course, learn about

  • Introduction to Business Planning
  • Business Models and Financing
  • Legal and Intellectual Property Considerations

Course Description

The "How to do a Business Plan" course is an intensive and comprehensive guide tailored for those looking to master the fundamentals of crafting a powerful business plan. Spanning over 8 hours and 16 minutes, this course delves deeply into the essential components needed to bring a business idea to fruition and present it effectively to stakeholders.

From the outset, the course sets a high standard with an average rating of 5.0 out of 5 stars, reflecting its exceptional quality and the value it brings to its participants. Within the realm of Business Administration, it sits prominently in the Management subcategory, distinguishing itself as an essential resource for aspiring and current business professionals alike.

In the initial sessions, the course provides a robust introduction and overview of what constitutes a compelling business plan. This foundational knowledge sets the stage for participants to refine and articulate their venture ideas. Focusing on how to present those ideas effectively, it emphasizes the importance of clarity and coherence in conveying business concepts.

Subsequent sessions delve into practical aspects of business operations, beginning with an exploration of marketing and sales strategies. Participants are guided on how to identify target markets, develop strategic marketing plans, and implement effective sales tactics. Understanding the dynamics of these areas is crucial for any business plan to succeed.

The journey continues with an intricate look at various business models. This section is designed to help participants comprehend the different types of business models, evaluate their feasibility, and select the one that aligns best with their venture's goals and market environment.

A session dedicated to financing sources provides invaluable insights into securing funding. The financing sources panel offers diverse perspectives on capital acquisition, covering traditional and alternative funding avenues. It equips participants with knowledge on how to approach and negotiate with potential investors.

Financial projections are also covered comprehensively, guiding participants on creating realistic and persuasive financial forecasts. This session emphasizes the importance of accuracy and coherence in financial planning, which is crucial for gaining investor confidence and ensuring business viability.

Lastly, the course addresses legal issues, underscoring the legal landscape that businesses must navigate. Participants are educated on common legal pitfalls, intellectual property considerations, and other regulatory requirements that are critical to maintaining the operational and legal integrity of a business.

With its blend of theoretical knowledge and practical guidance, the "How to do a Business Plan" course equips participants with the skills and confidence needed to develop and articulate a robust business plan. It stands as an exemplary resource within business administration education, ideal for anyone aspiring to launch or enhance their business ventures.

Course content

  • Video class: Session 1, Part 1: Introduction and Overview of Business Plans 1h00m
  • Exercise: _What is the first thing you need to do whether it's a business, nonprofit, or governmental project?
  • Video class: Session 1, Part 2: Refining and Presenting Your Venture Idea 1h00m
  • Exercise: _What is Steve Pearse's background in business?
  • Video class: Session 2, Part 1: Marketing and Sales 1h12m
  • Exercise: What is a key non-negotiable requirement mentioned for business success?
  • Video class: Session 2, Part 2: Business Models 1h07m
  • Exercise: _What was Bob Jones' first filter for choosing the right problem to solve for his start-up?
  • Video class: Session 3, Part 1: Financing Sources Panel 1h25m
  • Exercise: _What did Bob Jones talk about in his presentation?
  • Video class: Session 3, Part 2: Financial Projections 1h17m
  • Exercise: _What is the purpose of the MIT OpenCourseWare donation system?
  • Video class: Session 4, Part 2: Legal Issues 1h12m
  • Exercise: _What are Fiona Murray's Four Key Ideas for Startups related to intellectual property?

This free course includes:

8 hours and 16 minutes of online video course

Digital certificate of course completion (Free)

Exercises to train your knowledge

100% free, from content to certificate

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Course comments: How to do a Business Plan

kagiso

it is awesome ????

Annor Kwame Boahen

Access to course materials will be of great help

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