Starting a business involves planning, making key financial decisions, and completing a series of legal activities. Scroll down to learn about each step.
This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it.
As an engineer in a leadership position, you will be faced with new responsibilities and tasks. These may include developing a business (unit) strategy and a business plan and being involved in strategic planning. Your success in dealing with these new responsibilities will largely depend on your ability to have a helicopter view of a situation and to make sound decisions. In order to make decsions to move your organization forward, leaders will need to ensure that business goals are achievable and well-balanced while also taking into account the uncertainty of future developments. In a complex business environment, a sound strategy is the result of applying a strategic mindset and systematic approach to decision making.
This course will help you in building and applying an analytical toolkit, including:
scenario analysis
stakeholder analysis
goal analysis
multi-criteria decision analysis
The focus of the course will be on utilizing your analytical skills in a business context, allowing you to unravel complex decision situations to formulate a sound business strategy.
The purpose of this lesson is build on a previous lesson that teaches how to take out a farm loan.This lesson is designed for adult learners who are pursuing a career in farming. It focuses on reading scientific and technical texts (Grade 6) related to farming business plans. It will help learners identify the resources necessary to develop a simple farm business plan. The learners will have the opportunity to apply their acquired knowledge in class activities such as discussion to analyze case studies and develop the basic outline of their resource sheet.