Developing Business Plan

Business planning is conducted while starting a new organization or  a new venture for e.g.- new product, service or program.

Objectives of the Activity:

To understand how business is started and run by Individual
To know what are the resources needed to start a business
To develop some understanding and interest for entrepreneurial skills.

Business planning includes a thorough examination of the idea for a new product/ service, if there is really a market for it
Who are the competitors
How the idea will be produced to a product/service,
How much it will cost,
How it will be promoted / advertised
What resources are needed and the factors required to be studied.

The Detailed CCA will be briefed in the class by the respective faculty/trainer.