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Proper strategic planning is crucial to the success of any business. Strategic planning encourages business owners to think in terms of long-term goals and identifies the strengths and weaknesses of a business. Planning also reveals business opportunities and helps devise ways to avoid potential pitfalls. Planning will save your business time, money and resources.

 

Whether your business is just starting up or is a mature business looking for change, strategic planning is the first step towards a profitable and successful venture. A Business Development Plan (BDP) is the result of your initial planning, and is a standard requirement when seeking financing. This course will act as a template for a functional BDP, which you can later print out and use for your business.

 

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Module 1 Glossary
 
     
 
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