Business Plan Preparation
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Business Plan Preparation

Business Plan Preparation

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A Business Plan is a written document prepared by the entrepreneur that describes all the relevant external and internal elements involved in starting a new venture. A well written Business Plan is the key to the Success of an Organization hence it is very important to understand a Business Plan. A Business Plan is submitted to the bankers and the investors for the purpose of obtaining funds for the business. A Business Plan also explains the timings relating to the completion of the project. The objective of the course is to familiarize the participants with the various aspects of entrepreneurship as well as to explain and train with the basics relevant for the preparation of a Business Plan.

Code(Credit) : CUTM3095 (0-3-1)

Scheme Skill for Success (SFS)
NSQF Level 3
Duration 4 Months
Sector Management, Entrepreneurship and Professional Skills
Occupations Entrepreneur
Entry Qualification No Formal Qualification
Minimum Age 20 Years
Aligned to (QP) http://courseware.cutm.ac.in/courses/certificate-course-in-business-plan/

Course Objectives:

  • To acquire the Skill relating to Entrepreneurship
  • To develop the entrepreneurial way of thinking  to identify  a business.
  • To develop a Business Plan relating to the planned entrepreneurial venture

Learning Outcomes :

After completing this programme, participants will be able to:

  • Identify the various types of entrepreneurship and businesses.
  • Identify entrepreneurial opportunities.
  • Formulate a basic business plan.
  • Identify suitable sources of funding such as formal schemes, loansetc. for the business.
  • Identify skills and abilities to be an entrepreneur.

Progression Pathways :

  • Can become entrepreneur in the related field.
  • Can do Diploma or any Advance program in the same.

Learning Record:

The trainee will submit a Practice/Project/Learning record after each class/session.

Assessment Process:

  • The assessment agencies should have an expert to conduct assessment NOS wise and every trainee should score a minimum of 70% in the overall     assessment.
  • The assessment of the theory/knowledge will be based on a written test/viva-voce or both while the skill test shall be hands-on practical.

Reference Book :

  • How to write a Business Plan, Dr.Susanta K Mishra,Kindle Self Publishing
  • Skills for Entrepreneurial Success, Dr.Susanta K Mishra,Kindle Self Publishing
  • The 5Gs of Family Business,Walter Viera& Mita Dixit,Sage Publications

Course Syllabus/Contents:

Module 1: Overview of Entrepreneurship
Overview on the concept of Entrepreneurship and Charms of becoming an Entrepreneur. Understand the qualities of an Entrepreneur ,Skills required for an Entrepreneur
  • Practice: So you want to start your own enterprise - Take a Quiz and then Stop, think and do some analysis. Identify your own qualities and share
Module 2: Planning for your Venture, Decisions, Market: Market Survey
Planning and areas of planning, decisions an entrepreneur takes- Becoming an Entrepreneur, Finding an Opportunity, Making a Project Plan, The Process of Selection, Exploring Opportunities, Taking a Decision, Understanding the Broad Industry Group, Selection of Specific Project,Final Selection of Project
  • Practice: Why Market Survey? What does it involve? Steps in the Market Research/Survey, Tips for conducting market survey
Module 3: Business Plan
What is a Business Plan , General Information, Details of Proposed Project: Manufacturing or service, Conducting the Market Study, Cost of the Project (Fixed Capital, Working Capital),Means of Finance, Project Profitability Analysis.
Module 4: Sources of Finance and Various Govt. Schemes
Internal Sources and External Sources, Term-loan –Long Term Loan, Short Term Loan, Plant Leasing, Hire-Purchase, Working capital Loan
  • Practice: Understand the various schemes (Mudra Scheme, Pradhan Mantri Rozgar Yojana (PMRY), Swarojgar Credit Card Scheme (SCC Scheme), Khadi and Village Industries Rural Employment Generation Programme (GRAMODYOG ROJGAR YOJANA) through Public Sector Banks and Regional Rural Banks, Direct Credit scheme of SIDBI, Credit schemes of NSIC Ltd.

List of Projects/Products/Publications :

List of Projects (Maximum group size is 4)

  • Prepare a Business Plan for production of “Chocolate Milk”
  • Prepare a Business Plan for a “Bakery Unit”
  • Develop a case study from your locality of a Successful Entrepreneur
  • Prepare a Business Plan for any product of your likeness
  • Prepare a Business Plan for “Agarbatti and Pampad making Unit”
  • Prepare a Business Plan for any "Ecological Product"
Session 1
The concept of Entrepreneurship and the charms of becoming an entrepreneur. Introduction to Entrepreneur, Discussion on What is Entrepreneur? What is Entrepreneurship? Entrepreneur vs Career- Which are you?, How to be an Entrepreneur, Charms of becoming an entrepreneur or Advantages of Being an Entrepreneur, Compare and contrast the entrepreneur and the employee Take the Quiz and analyse.

Web links –

Session 2
Qualities of an Entrepreneur , Traits of Successful Entrepreneurs,  Qualities of an Entrepreneur Web Links- Entrepreneurial Competencies_Shiv_CUTM
Session 3
Understanding the importance of Planning. Long term and Short term planning, Types of Plan Demo- Read Planning and Areas of Planning

Web Links-

Session 4
Decision an Entrepreneur Takes: Decision to Becoming an Entrepreneur, Finding an Opportunity, Project Identification, Making a Project Plan, Entrepreneurial Continuum, The Process of Selection, Exploring Opportunities.

Web links-

Session 5
Taking a Decision: Step: 1: Understanding the Broad Industry Group, Step: 2: Selection of Specific Project, 3) Own strength & limitations, 4) Comparing relative advantages & disadvantages and Step 3: Final Selection of Project.
Session 6
What is Market Survey.The need for Market Survey What does it involve? Steps in the Market Research/Survey, Tips for conducting market survey.

Practice:

Carry out a market survey of the product you have chosen in the campus.

Web Links-

 
Session 7
What is a Business Plan .The need for Business Plan.  Who should write a Business Plan . How to Prepare a Business Plan.

Web Links-

Business Plan or Project Report_PPT
Session 8
General Information and Details of Proposed Project: Manufacturing or service The Business Plan Format and write the plan.

Web Links-

Business Plan Outline_PDFBusiness Plan Format Business Plan Outline_PDF
Session 9
Understand the Process Flow Diagram (PFD) and do the Market Study See the Business Plan Format and write the plan. Web links- https://www.youtube.com/watch?v=Y7g8vWv11Vk
Session 10
Understand the Cost of the Project (Fixed Capital, Working Capital) See the Business Plan Format and calculate the cost of the project.

Web links-

Session 11
Total Cost of the Project The Business Plan and total cost of the project
  • Practice- Review the previous calculations and and calculate the total cost of the project
  • A Sample Business Plan
Session 12
Understand the Means of Finance (Internal and External sources: Term-loan –Long Term Loan, Short Term Loan, Plant Leasing, Hire-Purchase, Working capital Loan, Summary of Sources of Finance.
Session 13
Presenting your case for a Term Loan: A Business Proposition on Either Side, Expectation of a Financier, How will your business perform?, What will your plan do for your Business?, What is your financial strength?, Your own strength as an entrepreneur, Some Useful Tips.
Session 14
Various Schemes offered by Government Read the schemes from the document and from links

Web links-

Session 15
Various Schemes by Government Read the schemes from the document and from links.

Web links-

Session 16
Business Plan Presentation Present your Business Plan/ Report

Practice:

Present your Business Plan for production of “Chocolate Milk  or for a “Bakery Unit”
Session 17

Business Plan Presentation

Practice: Present your Business Plan for “Agarbatti and Pampad making Unit” or Present your Business Plan for any "Ecological Product"
Session 18
Business Plan Presentation

Practice:

Present your Business Plan for the product you have chosen
Session 19
Present your case study from your locality of a Successful Entrepreneur.
  • Demo- Present through the case study format
  • Practice: Present your case
SE-Case Study Format

Web Link-

https://www.youtube.com/watch?v=FuG8AzK9GVQ
Session 20
Present your case study  of a Successful Entrepreneur

Suggested Books

  • How to write a Business Plan, Dr.Susanta K Mishra,Kindle Self Publishing
  • Skills for Entrepreneurial Success, Dr.Susanta K Mishra,Kindle Self Publishing
  • The 5Gs of Family Business,Walter Viera& Mita Dixit,Sage Publications

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A.Avinash working as Assistant Professor, Dept of CSE, Centurion University of Technology and Management, Andhra Pradesh . Interested to work on Machine learning,Natural Language Processing,Problem Solving Methodologies , and ChatBot. Programming Skill: C Programming Data Structure Object Oriented Programming using C++ Formal Language Automata Theory Python Web Development(HTML,CSS,PHP) Database Management Systems Compilers