Developing An Effective Business Plan: Technology Entrepreneurship
Developing An Effective Business Plan: Technology Entrepreneurship
Developing An Effective Business Plan: Technology Entrepreneurship
Topic 3
Developing an Effective
Business Plan
Course Journey Overview
The Investor’s Mind and
10 1 Introduction
Pitching to the Investors
Innovation, Opportunity
Governmental
Identification and
Interventions 9 2 Assessment and Pathways to
Topics Entrepreneurial Ventures
Customer-Centric
Launching the business and Marketing and Cost
strategic growth
7 4
Structures
2
Learning Outcomes
At the end of this unit, students will be able to:
Importance of Planning and Pit What is a Business Plan? Purpose and benefits of Busine
falls ss Plan
Planning
3.1.1
What is Planning
Definition
No Realistic Goal
Lack
Failure
No Commitment
of to
Demonstrated
NoAnticipate
MarketorNiche
Dedication
Roadblocks
Experience
3.2
Business Plan
3.2.1
What is a Business Plan?
Definition
Describes the current status, expected needs, and projected results of the
new business.
Obtain a co-venturer
3.2.3
Developing a Business Plan
Putting the Package Together
Organize and
Keep it Simple and Orient the plan
package the plan Avoid exaggeration
Short toward the future
appropriately
Give evidence of an
Highlight critical Do not over- Identify the target
effective
risks diversify market
entrepreneurial team