The Business Plan Development Program provides extensive training and support to develop a comprehensive business plan.
Once individuals attend the Opportunity Readiness Workshop and complete an application, approved participants attend six weeks of in-class instruction, and develop and complete a business plan within a ten week period.
Individuals eligible for EI benefits or Reachback can be sponsored and referred by WorkBC to the program. Individuals not sponsored by WorKBC may purchase a seat in the Business Plan Development Program for $835.00 plus GST, based on availability and suitability. Bursaries and other financial support may also be available through Community Futures. Please call 250-868-2132 for more info.
Please note, all applicants must attend the Opportunity Readiness Workshop prior to applying for the Business Plan Development Program.
The 6 week Business Plan Development Program includes:
Week 1 & 2 Management and Operations - business management, operating plan, business plan writing and layout, vision, goals, objectives, risk management and guest speaker presentations during 4 days of instruction.
Week 3 & 4 Market Research and Market Strategies - collecting, analysing and finalizing market research, developing marketing strategies based on this research, effective sales staretgies, promotions and sales forecasting during 4 days of instruction.
Week 5 Finance - financial planning, cash flow forecasting, income statement and balance sheet preparation, sales and cost analysis, financing strategies including personal financial planning during 4 days of instruction.
Week 6 Wrap-up - one on one counseling is provided to assist the participant in writing, editing, troubleshooting and modifying the business plan in preparation for a final draft.