This is where the big picture comes into play: The third business planning workshop will help you create a comprehensive business plan, including sound financial planning. The business plan chapters "Implementation Roadmap" and "Entrepreneurial Team" will also be explored in more detail. Financial planning brings together all the quantitative information from the individual chapters of the business plan. Using these "figures," you can then verify whether your business concept is profitable and determine how much capital you need.
In your implementation roadmap, you define the most important milestones for building the company. In the description of the entrepreneurial team, you should convince investors, for example, that you are the right person to successfully advance this business idea.
You'll receive an overview of basic building blocks and the relevant know-how you can use to develop a coherent plan. You'll also learn about the key financing instruments for developing your financing strategy:
- What data do I need to collect?
- Which sub-plans are necessary and how detailed do I need to be?
- Liquidity planning, profit and loss statement, balance sheet planning, capital requirements.
- Financing instruments and financing strategy.
