Project Management Institute

Business Planning Essentials: Preparing a Business Plan


If you want to gain support for an idea or initiative, you need a well-prepared business plan. Having a business plan will help you clearly see the opportunities and obstacles you'll inevitably face as you pursue your business idea. Preparing the plan requires an investment of time, as you will need to include comprehensive information, but doing so will help you stand a better chance of getting the support you need to succeed. In this course, you will learn what a business plan is, why you use it, and its main ingredients—opportunity, solution, execution, and outcomes. You will also find out how to create your plan by defining your purposes clearly, doing proper research, establishing goals, and telling a compelling story.

What You Will Learn

  • Recognizing examples of the four key elements of a business plan
  • Learning the preparation steps in developing a business plan
  • Understanding the guidelines for creating an effective business plan
  • Distinguishing between different parts of a business plan

Who Should Take This Course

Business leaders, professionals, and managers who want to gain or refine their skills for planning and developing strategic business plans


PDU Information

Technical PDUs: 0
Leadership PDUs: 0
Strategic & Business PDUs: 1

Course Information

Member Price
Non-Member Price

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