Business Planning and Research webinar and model template
Business Planning and Research webinar and model template
It all begins with research and a plan. In fact, if you don’t have one, don’t waste your money. This course addresses one of the most important and challenging aspects of developing your business idea and by conducting market research, even if it’s desk research.
Yet, to launch a viable, sustainable and successful dog business you need to be able to answer the following questions:
- Who are your target customers?
- Who is your ideal customer?
- Who are your competitors and what are their strengths and weaknesses?
- What price will customers pay?
- How often will they buy?
In short, will you be able to make money from your new business and when?
Your business plan is probably the most critical part of your business.
Before you launch your business and spend any time or money on marketing it’s important to gather as much relevant information as possible.
The biggest unknown, estimate is your projected sales figures and gross profit margins.
These are the areas where you are going to have to make most of your assumptions.
To create a robust and reliable plan, your assumptions need to be realistic, otherwise your financial plans are nothing more than figures on a page.
And an experienced word of warning from us, most business planning is widely optimistic and things invariably take longer than you project to reach a sustainable level, so robust business planning is essential to reduce risk.
As part of this two hour webinar, we provide you with a master business planning template and take you step by step through each element as we guide you through the process so you can tailor it to your business – ultimately creating what should be your road map to success.
