Topic: Developing & Executing your Business Plan
Training Model: 8Ms of Entrepreneurial Success™
WORKSHOP OBJECTIVES
•To inform new entrepreneurs about the logical steps to successfully start, manage and grow a business in The Bahamas.
•To help small and medium size enterprise (SME) owners develop and execute business plans in an effective and efficient manner.
•To provide business executives with strategies on how to build the perfect business model and to advocate the importance of seeking professional advice from management/marketing consultants, lawyers, accountants, bankers, insurance agents, IT specialist, financial planners & HR consultants.
•To report on the progress of the SME Act, SME Developing Agency (SMEDA) & Value Added Tax
VENUE: CLEVELAND ENEAS PRIMARY SCHOOL
DATES: 4 SATURDAYS: OCT. 12, OCT. 19, OCT. 26 & NOV 16 (2013)
TIMES: 9:00 am – 12:00 noon
SESSION 1: October 12, 2013
9:30 am -10:00 am A National Report on the Progress of the SME Act and Developing Agency
10:00 am -11:00 am Logical Steps of Business Planning & Execution: 8 Ms of Entrepreneurial Success™
11:00 am -11:30 am The Business Model, Vision, Mission and Strategies
11:30 am-12:00 noon The Legal (Business Structure) & Organizational Plans
SESSION 2: October 19, 2013
9:00 am - 9:30 am Invocation and Opening Remarks
9:30 am -10:00 am The Management Plan
10:00 am -10:30 am The Human Resources Plan
10:30 am -11:00 am The Operations Plan
11:00 am-11:30 am The Information Technology (IT) Plan
11:30 am-12:00 noon The Location Plan
9:00 am - 9:30 am Invocation and Opening Remarks
9:30 am -10:00 am The Insurance Plan
10:00 am -10:30 am The Security Plan
10:30 am -12:00 noon The Marketing Plan:
SESSION 3: October 26, 20213
9:00 am - 9:30 am Invocation and Opening
Remarks
9:30 am -10:00 am The Insurance Plan
10:00 am -10:30 am The Security Plan
10:30 am -12:00 noon The Marketing Plan:
*Market Research
*Customer Analysis
*Industry Analysis
*Competitive Analysis
*Identifying Opportunities
* Identifying Problems
* PESTLE Analysis
* SWOT Analysis
*Gap Analysis
*Segmenting
*Targeting
*Positioning
*Product
*Price
*Place
*Promotion
*People
*Customer Service
SESSION 4: November 2, 2013
9:00 am - 9:30 am Invocation and Opening Remarks
9:30 am -10:30 am The Accounting Plan: *QuickBooks Accounting
*The Master Budget
*Balance Sheet
*Income Statement
*Cash Flow Statement
10:30 am -11:30 am *The Financial Plan
*Debt Structure
*Equity Structure *Breakeven Analysis
*Government Funding
*Private Sector Funding
* 5 Cs of Credit
11:30 am -12:00 noon The Action & Control Plans
12:00 noon Closing Remarks
