Business Planning Process: Steps To Creating A New Plan.

The Business Planning Process session encourages entrepreneurs to focus on planning as an essential competency of business ownership.

After completing this session, the entrepreneurs will be able to:

  • Explain how an evolving planning process can help them make key decisions as business owners.
  • Describe how to convert a vague idea into a resource plan.
  • Explain the importance of a healthy personal credit score and healthy relationships with lenders.
  • Describe how a business plan helps motivate stakeholders to understand and support their business ideas.
  • Explain the benefits of creating a day-to- day action plan for running a small business.