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Monday, June 20, 2011

Comments on Business Plan Writng

Please take note that Business Plan writing constitute a large portion of the entrep studes grades.  Much honor is at stake because all BP become entries to the Larry Farrell's Business Plan writing competion.

Some suggestions:
l.  Please read Dr. Ed Morato's book on Trilogy of Entrepreneurship.  Better still, buy the book please.
2.  Please read very well my write up on the syllabus how to write a business plan.
3.  Please view my ppt. on business plan writing at slideshare.  Go to www. slideshare.profjorge-entrep

Other comments:
l.  Complete the business concept/model/offering very well.  We spent a lot of time on business model.  Your BM is your business dashboard. On the offering, it summarizes the financial results like ROI which should convince your financier or investor put money in you business/plan

2.  Complete the VMOKRAPI.  Read my notes on the subject matter, especially the SMART objectives, 4 groups of objectives., the KRA, and the PI

3.  Your business concept and vision should be compelling.

4   Compelling means your business should be tomorrow's headline.  It should be unique and mesmerizing

5.   Complete sales estimate from your opportunity seeking, screening, and micromarket analysis/

6.  Input your knowledge and your experience with group activities on product concept and design re:  nu l2 and creative exercises.

7.  EDS and financial must be well written, complete.

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