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EI Course-Writing a Business Plan: Why is it important? How to do it?
5:05 pm - 6:20 pm
students, faculty, staff, public, alumni
You're ready to move forward with your new venture – and now you need to write a business plan. The business planning process requires a lot of time, work and effort and can be overwhelming and stressful. Do you really need to spend time and effort developing a business plan? Should you even bother? Yes!!! Planning is one of the most important, yet often underestimated, parts of starting a business. Many businesses fail from lack of research, goals and a thorough plan. A business plan gives you direction, helps you qualify your ideas and clarifies the path you intend to take with your business. This session will address the importance of the business planning process, and will explore the essential elements addressed in every good business plan, including some common business planning pitfalls, with tips on how to avoid mistakes.
Led by David Brenner, Executive Director of Innovation Park at Notre Dame and member of the Irish Entrepreneurs Network