Micro and small scale businesses are catalyst in the socio-economic development of any country. MSMEs play a central role in employment, industrial transformation and poverty reduction. Given their importance, it is important that these enterprises be planned for so that possible challenges are anticipated, possible solutions are put in place and the overall contribution of these enterprises to the economy is increased. There is documented evidence that business planning enhances performance of an enterprise. It is the entrepreneur’s roadmap to a successful enterprise.
A good business plan shall ensure enterprise competitiveness resulting from the management of cash flows, allocation of resources, communication of course of action and securing of funds. This calls for well understanding of external environment for assessing opportunities and threats thereby modulating internal operations to ensure success of the business. While chalking out business development plans, these have to be focused to fulfill the purpose of enterprise sustenance and growth.
- Understanding the mechanisms of business plan preparation
- Assessing the impact of external and internal environmental factors on business operations.
- Assessing cost benefit analysis of businesses
- Developing skills to make decisions in enabling business operations
- Significance of business development plans and analysis
- Business in detail – Goals, Objectives, Strategy, Risk management and Scenario planning
- Industry Analysis – SWOT Analysis, Five force model
- Marketing aspects – Assessing demand and supply; Products, pricing, place, promotion; Product life cycle; Product portfolio
- Technical aspects – Appropriateness of technology; Input and output analysis; Resource balancing
- Managerial aspects – Skill and manpower requirements; Cohesiveness
- Financial aspects – Cost of project; Investment analysis; Risk and returns
- Socio-economic aspects – Employment creation; Contribution to economy
The training approaches and tools deployed are basically interactive, which facilitate participatory learning. Renowned subject experts and experienced field level functionaries form the core resource faculty.
The programme is useful to officials in Government departments, small business corporations, planning department, financial institutions, commercial banks, research institutions, trainers of entrepreneurship training institutions and industrial/small business development organizations and Prospective small business entrepreneurs.
Duration & Venue: 3 days at ni-msme, Hyderabad.
Rs. 10,500/- (Residential, non A/C accommodation, double occupancy) per one participant. Rs. 9,000 (Non-Residential) per one participant. The fee covers cost of tuition, reading material, boarding and lodging. It does not cover travel costs of participants. Fee should be paid in advance by way of demand draft drawn in favour of CAO, ni-msme, Yousufguda, Hyderabad – 500 045. Fee once paid shall not be refunded. However, a substitute may be permitted.
The programme is full time and is strictly residential. Normally the session timings are between 09.30am to 05.00pm with breaks for coffee and lunch. Some sessions may, however, be scheduled outside these hours. Both vegetarian and non-vegetarian food is served in the canteen attached to the guest house.
Accepted nominees are requested to reach ni-msme a day in advance of the commencement of the programme. During the programme, participants are advised to keep themselves free from all official and personal commitments. Participants are also advised to keep their cell phone in silent mode during class room sessions.
Please address your enquiries and nominations, so as to reach before 12th June, 2016 to:
|The Registrar||Programme Director:|
|Hyderabad – 5000045||ni-msme|
|23608316-7-8-9||Hyderabad – 5000045|
|Fax: 091-040-23608547/23608956||Telephones: 91-40- 23633258(Direct),|
|E-mail: firstname.lastname@example.org,||23608316-7-8-9, (0)-9247499673(cell)|