TOPIC:

1) What is Strategic Planning?

2) Is your company a solid business idea?

3) Write your business plan definition summary identifying the critical aspect of the potential business growth.

4) Make sure you present your submission as an APA style write up with in-text citations and references.

PROFESSOR'S GUIDANCE FOR THIS WEEK'S LE:

Making your plan compelling, time is valuable for business people especially for PRBC members and financial institutions, banks, venture capitalists, and other investors who are inundated with business plans and proposals. Evaluate the PRBC. Remember, to have the answer the questions before they are asked. The members/potential members will ask the following:

1)Is the business idea solid?

2) Is there a sufficient market for the product or service?

3)Are the financial projections healthy, realistic, and in line with the investors's expectations?

4)The key management described in the plan experienced and capable?

5)Does the plan clearly describe how the investors will get the return on their investment?