Business planning bootcamp at Pambula

A Business Planning Bootcamp organised by the Southern Region Business Enterprise Centre will take place on Thursday, May 2 from 9.30am - 12:30pm at the Pambula Merimbula Golf Club.

Less than 20 per cent of business owners have a written business plan. When you consider that researching and writing a business plan significantly increases the chances of success, this is somewhat surprising. But it might go some way to explain why so many businesses fail in the first couple of years of operation, says business advisor Paul Coker.

The bootcamp will cover the key elements involved in preparing a business plan including:

Strategic: Goal-setting; SWOT Analysis; Time Management

Marketing: Market research (secondary and primary); competitor analysis; customer profiling; your unique selling proposition and market connection (advertising and promotion)

Operations: production planning; HR planning; record keeping and book-keeping; compliance requirements

Financial: budgets; break even analysis; and other key financial ratios

The cost of the workshop is $25. Registrations are essential and can be made through eventbrite