Oxbridge Academy Certificate: Principles of Business Management.Oxbridge Academy Certificate: Entrepreneurship (New Venture Creation).Oxbridge Academy Short Learning Programmes Have a look at the following courses you can study to help you get your business off the ground, and make a success of your venture: If you want to learn the right way to start a business, you can also study a course in entrepreneurship.
WRITING THE BEST BUSINESS PLAN HOW TO
You can find all the key areas here: How to Write a Great Business Plan.And be sure to pay particular attention to areas relevant to your specific business. Do research on what a business plan should contain, and make sure you cover all the relevant aspects.You should also make sure you cover all key areas: If you need investors, write your business plan specifically for them. If you are submitting your plan for a bank loan, think like a banker when writing it. Be creativeĭo something unique with your business plan that will not only make it stand out from the rest, but will also show that you have vision and initiative.ĭon’t just take an existing template and fill it in with your own information. Don’t embellish or over-project in your business plan.īeing realistic will also help you conceptualise your business better, and will help you to convince investors to take you seriously. Having an optimistic vision is great, as long as you remain realistic. Don’t ignore your customersĪs the saying goes, “the customer is always right.” Don’t assume that you know what your customers will pay for.ĭo research, conduct surveys, and organise focus groups to get hard customer data. There is no shame in getting help, either from professionals or from people you know.Īlso remember to talk to people who work in finance, marketing, law, or production to help you with certain elements of your business plan. Your business plan should be less than 20 pages long. Be clear and conciseĭon’t ramble, leave out filler language, and come straight to the point. This will increase your credibility much more than any estimates or predictions you might make. Get hard data, facts, and statistics on your side, especially when it comes to talking about your industry’s market. ProofreadĮven if you are a really good writer, ask a few people you trust to proofread your business plan. If English is not your first language, take a look at: Basic English Language Skills (E-book) 3. Consider asking for help if you are unsure. You might not be a writer, but a well-written business plan makes a good impression. Make sure not to underestimate your competition, however. Name all of them, and comment on how you are better than, or at least different from, each of them. Include a complete study of your competitors. Take a look at this infographic to learn how you can make your business plan the best it can be: