strengthen your business plan with help from NBDC and the SBA

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The SBA is offering an excellent free online course in business plan development. A business plan is something that all successful businesses have, and having one for your small business is greatly important. Business plans set you in the right direction, especially if your business is in its opening stages. Established businesses are no exception, however. Planning lets you know where you have been along with where you want to go. And this online course will set you in the right direction.

The Developing a Successful Business Plan” course has several useful features. First, it is narrated by Tim Berry, an international expert on business planning. Mr. Berry holds an MBA from Stanford University and is the founder and president of Palo Alto Software. Secondly, the presentation is easily navigated and very user friendly. Users can easily pause the presentation to take notes, or jump to any page by clicking on the related topic on the side menu bar. Persons not able to view the presentation in its entirety will be able to pick up where they left off instead of completely starting over. Finally the course offers additional resources on the top right navigation bar. Among these resources are the sample business plans. Here visitors can review many business plans to compare them to the course material presented by Mr. Barry. This feature is a great resource for full comprehension of the course material.

Likely the most important concept in the course is that of “strategy”. Business Strategy is an area where many businesses go wrong so it is important to really focus when Mr. Berry discusses this concept. Moreover, it is useful to implement the sample plans here too. See if you can find the overarching strategies in each business. Whether it is to increase market share or grow the business by some percentage, you will find that vision, mission, keys to success, and financials all center on what the business’s main objectives are.

Whether you are just starting a business or have been established for years, planning is something you have to do. This course will either let you know what you need to do to get started or give you valuable insight on how you can improve your current planning. This online course is short and easy to follow. But it provides very valuable, step by step information on setting the right plan for your business.

 

NBDC Business Planning Workshop

NBDC also offers business planning courses through the Omaha Entrepreneur Shop. This month the shop is offering several great courses including; Are You Ready to Start Your Own Business, Steps to Starting a Business in Nebraska, and How to Write a Business Plan. All courses are $20 and are being held on the 21 st and 22 nd of June. To learn more about these and other classes offered by NBDC visit nbdc.unomaha.edu/NBDCstore/store.cfm or visit nbdc.unomaha.edu/about/eshop.cfm to learn more about the Omaha Entrepreneur Shop.

For a schedule of this month’s classes click on the Business Workshops link under the Starting a Business menu option on the top left corner of the screen of the NBDC Store page. You will be directed to the NBDC eCenter Direct page where you are given the option to sign up as a new client or to view training events. Click on the Training Events link to view this month’s training events schedule. The Omaha Entrepreneur Shop can be contacted by email at eshop@mail.unomaha.edu or by phone at (402) 595-1158.