A thoughtful, a well-executed business plan is the first step for every potential entrepreneur. Good planning increases your chances of success. This workshop covers the essential elements of business plan development. Topics include: setting goals and objectives, preparing marketing and financial plans, and defining action steps to attain appropriate goals. Create a good plan and build your road map to success.

1. Establish the information needed for a detailed business plan.
2. Create the environment of the company, product or service that will be the basis of your business plan; identify the operations, marketing approach and financial implications.
3. Establish pro-forma P&L statements, utilizing three revenue scenarios-aggressive, modest and slow revenue growth.
4. Identify the risks you'll face within each pro-forma P&L statement. Select the most likely growth scenario.
5. Develop the expected cash flow from the chosen growth scenario, loan needs and expected payback to investors/yourself.
6. Prioritize your action steps, recognizing those that are absolute musts, very important and less important. In essence, you're creating a timeline/calendar for the tasks you'll undertake to accomplish your growth objectives.
7. Create your plan - and the last critical item - the executive summary.