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

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Turn your idea into a business plan that wins support. Take this free online course to build a clear model, strategy and projections, and earn a certificate.

In this free course, learn about

  • Core structure and purpose of business plans across ventures (business, nonprofit, government)
  • First steps to define goals, scope, stakeholders, and success criteria for any project
  • How to refine, validate, and pitch a venture idea clearly to different audiences
  • Foundational marketing and sales concepts: customer discovery, positioning, channels, and messaging
  • Key non-negotiables for business success (e.g., real customer need, execution, and viable economics)
  • How to choose the right problem to solve using early filters like pain severity and willingness to pay
  • Business model fundamentals: value proposition, revenue streams, cost drivers, and unit economics
  • Overview of financing sources: bootstrapping, angels, VC, debt, and strategic investors
  • What investors look for in pitches and panels: traction, team, market, moat, and financial story
  • Building financial projections: assumptions, P&L, cash flow, runway, and sensitivity analysis
  • Legal issues for startups: entity formation, contracts, employment, compliance, and risk management
  • Startup IP strategy: Fiona Murray’s four key ideas on patents, trade secrets, timing, and ownership
  • Purpose and mechanics of the MIT OpenCourseWare donation system supporting free educational access

Course Description

A strong business plan is more than a document for investors. It is a practical tool for clarifying what you are building, why it matters, and how it can succeed in the real world. In this course, you will learn how to shape an initial idea into a focused venture concept, connect it to a clear market opportunity, and present it in a way that different stakeholders can understand and trust. Whether you are launching a startup, testing a side project, leading a nonprofit initiative, or evaluating a new product inside an organization, the same planning discipline helps you reduce uncertainty and make better decisions earlier.

You will work through the logic that makes a plan credible: defining the customer and the problem with precision, developing a marketing and sales approach that matches how people actually buy, and choosing a business model that can sustainably deliver value. The course emphasizes practical thinking over buzzwords, showing you how to stress-test your assumptions, identify the few requirements you cannot compromise on, and refine your story so it communicates both opportunity and realism. Along the way, prompts and exercises encourage you to articulate your differentiators, pricing or revenue approach, and the pathways to reach your first users or customers.

Financial clarity is treated as an essential skill, not an afterthought. You will learn to frame funding options, understand what different financing sources look for, and translate your strategy into basic projections that help you plan and communicate milestones. You will also consider important legal and intellectual property issues that can affect how you protect innovation and build leverage. By the end, you will have a structured way to create and iterate a business plan that supports execution, improves conversations with partners and investors, and guides your next actions with confidence.

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

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kagiso

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it is awesome

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Access to course materials will be of great help

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