SKILL-Business Plan Preparation

Course Objectives

-To acquire the Skill relating to Entrepreneurship

-To develop the entrepreneurial way of thinking  to identify  a business.
-To develop a Business Plan relating to the planned entrepreneurial venture

Learning Outcomes

. The students will  acquire the entrepreneurial temperament to start a business venture
. Will able to write a Business Plan for the purpose of obtaining finance for the Business

Course Syllabus

Module 1: Overview of Entrepreneurship 

Overview on the concept of Entrepreneurship and Charms of becoming an Entrepreneur. Understand the qualities of an Entrepreneur ,Skills required for an Entrepreneur

Practice: So you want to start your own enterprise - Take a Quiz and then Stop, think and do some analysis. Identify your own qualities and share

Module 2: Planning for your Venture, Decisions, Market: Market Survey 

Planning and areas of planning, decisions an entrepreneur takes- Becoming an Entrepreneur, Finding an Opportunity, Making a Project Plan, The Process of Selection, Exploring Opportunities, Taking a Decision, Understanding the Broad Industry Group, Selection of Specific Project,Final Selection of Project

Practice: Why Market Survey? What does it involve? Steps in the Market Research/Survey, Tips for conducting market survey

Module 3: Business Plan

What is a Business Plan , General Information, Details of Proposed Project: Manufacturing or service, Conducting the Market Study, Cost of the Project (Fixed Capital, Working Capital),Means of Finance, Project Profitability Analysis

Module 4: Sources of Finance and Various Govt. Schemes

Internal Sources and External Sources, Term-loan –Long Term Loan, Short Term Loan, Plant Leasing, Hire-Purchase, Working capital Loan

Practice: Understand the various schemes (Mudra Scheme, Pradhan Mantri Rozgar Yojana (PMRY), Swarojgar Credit Card Scheme (SCC Scheme), Khadi and Village Industries Rural Employment Generation Programme (GRAMODYOG ROJGAR YOJANA) through Public Sector Banks and Regional Rural Banks, Direct Credit scheme of SIDBI, Credit schemes of NSIC Ltd.

List of Projects (Maximum group size is 4)

1) Prepare a Business Plan for production of “Chocolate Milk”
2) Prepare a Business Plan for a “Bakery Unit”
3) Develop a case study from your locality of a Successful Entrepreneur
4) Prepare a Business Plan for any product of your likeness
5) Prepare a Business Plan for “Agarbatti and Pampad making Unit”
6) Prepare a Business Plan for any "Ecological Product"
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Session Plan

Session 1

The concept of Entrepreneurship and the charms of becoming an entrepreneur. Introduction to Entrepreneur, Discussion on What is Entrepreneur? What is Entrepreneurship? Entrepreneur vs Career- Which are you?, How to be an Entrepreneur, Charms of becoming an entrepreneur or Advantages of Being an Entrepreneur, Compare and contrast the entrepreneur and the employee
Take the Quiz and analyse.

Web links –

https://www.youtube.com/watch?v=92ZmzD70sOU
https://www.youtube.com/watch?v=CfJd8Vuc0VU
https://www.youtube.com/watch?v=imlIWKr4dKA
https://www.youtube.com/watch?v=cc6pLB866Cw

https://www.youtube.com/watch?v=prDsSjywWag
https://www.youtube.com/watch?v=pkHvtU66sWU
https://www.youtube.com/watch?v=lJjILQu2xM8
https://www.youtube.com/watch?v=MT66Ib3DwYg

https://www.youtube.com/watch?v=csX7KWjKlRY

SO YOU WANT TO START YOUR OWN ENTERPRISE?_PDF
ARE YOU AN ENTREPRENEURIAL PERSON?_PDF
ENTREPRENEURSHIP MEANING & DEFINITION_PDF

Session 2

Qualities of an Entrepreneur , Traits of Successful Entrepreneurs,  Qualities of an Entrepreneur

Web Links-

https://www.youtube.com/watch?v=UNCnHlljuXI
https://www.youtube.com/watch?v=LMXPDkWWCTA

Entrepreneurial Competencies_Shiv_CUTM

Session 3

Understanding the importance of Planning. Long term and Short term planning, Types of Plan
Demo- Read Planning and Areas of Planning
Web Links-
https://www.youtube.com/watch?v=4B4blUrQavU
https://www.youtube.com/watch?v=De0HyiqRXIU
Planning_PDF

Session 4

Decision an Entrepreneur Takes: Decision to Becoming an Entrepreneur, Finding an Opportunity, Project Identification, Making a Project Plan, Entrepreneurial Continuum, The Process of Selection, Exploring Opportunities
Web links-
https://www.youtube.com/watch?v=HMybR2X2G3Y
(Business opportunity identification)
https://www.youtube.com/watch?v=cIsA1s9SwEU
(How to find business ideas- the ultimate guide)

Decisions an Entrepreneur Takes_PDF

Session 5

Taking a Decision: Step: 1: Understanding the Broad Industry Group, Step: 2: Selection of Specific Project, 3) Own strength & limitations, 4) Comparing relative advantages & disadvantages and Step 3: Final Selection of Project.
Decisions an Entrepreneur Takes_PPT

Session 6

What is Market Survey.The need for Market Survey What does it involve? Steps in the Market Research/Survey, Tips for conducting market survey
Practice: Carry out a market survey of the product you have chosen in the campus
Web Links-
https://www.youtube.com/watch?v=sfEsKXuXfI4
(Definition, Methods and Steps of Market Survey)
https://www.youtube.com/watch?v=gy4Xyfcbpic
(5 Market Survey Tips for Small Business Owners)
https://www.youtube.com/watch?v=6pHlj3MrYIs
(Importance & Types of Market Survey)

https://pestleanalysis.com/what-is-marketing-analysis/
https://study.com/academy/lesson/what-is-market-analysis-definition-examples.html

ENSURING MARKET: MARKET SURVEY AND RESEARCH_PDF

Session 7

What is a Business Plan .The need for Business Plan.  Who should write a Business Plan . How to Prepare a Business Plan
Web Links-
https://www.youtube.com/watch?v=FIoGLHT4wGE
(What is Business Plan)
https://www.youtube.com/watch?v=Fqch5OrUPvA&t=3s
(How To Write a Business Plan To Start Your Own Business)

Business Plan or Project Report_PPT

Session 8

General Information and Details of Proposed Project: Manufacturing or service
The Business Plan Format and write the plan
Web Links-
https://www.youtube.com/watch?v=nlnRToSW_0I
https://www.youtube.com/watch?v=FdDR3zzEdks
(How to write the Business Plan)

https://www.youtube.com/watch?v=btsKJdLmXgc

Business Plan Outline_PDFBusiness Plan Format
Business Plan Outline_PDF

Session 9

Understand the Process Flow Diagram (PFD) and do the Market Study
See the Business Plan Format and write the plan
Web links- https://www.youtube.com/watch?v=Y7g8vWv11Vk

Session 10

Understand the Cost of the Project (Fixed Capital, Working Capital)
See the Business Plan Format and calculate the cost of the project
Web links-
https://www.youtube.com/watch?v=6LabzBcO79U
(Fixed Capital and Working Capital- An Overview)

Session 11

Total Cost of the Project
The Business Plan and total cost of the project
Practice- Review the previous calculations and and calculate the total cost of the project

A Sample Business Plan

Session 12

Understand the Means of Finance (Internal and External sources: Term-loan –Long Term Loan, Short Term Loan, Plant Leasing, Hire-Purchase, Working capital Loan, Summary of Sources of Finance
Sources of Finance_PPT

Session 13

Presenting your case for a Term Loan: A Business Proposition on Either Side, Expectation of a Financier, How will your business perform?, What will your plan do for your Business?, What is your financial strength?, Your own strength as an entrepreneur, Some Useful Tips.

Presenting your Case_PPT

Session 14

Various Schemes offered by Government
Read the schemes from the document and from links
Web links-

https://www.youtube.com/watch?v=pnN-t7xmU5k

https://www.youtube.com/watch?v=orzNC8lClKk&feature=youtu.be
 https://www.makeinindia.com/about
 https://aim.gov.in/index.php
 https://wcd.nic.in/schemes/support-training-and-employment-programme-women-step

https://www.youtube.com/watch?v=Dw1Vnt-3lks

Schemes by GoI_PDF

Session 15

Various Schemes by Government
Read the schemes from the document and from links
Web links-
https://www.youtube.com/watch?v=uvQRDU0gN9o
https://www.standupmitra.in/
http://www.dcmsme.gov.in/schemes/treadwomen.htm
https://msme.gov.in/sites/default/files/MSME_Schemes_English_0.pdf

https://www.youtube.com/watch?v=QDKbq9EH0gc

https://birac.nic.in/desc_new.php?id=89

Session 16

Business Plan Presentation
Present your Business Plan/ Report
Practice: Present your Business Plan for production of “Chocolate Milk  or for a “Bakery Unit”

Session 17

Business Plan Presentation

Practice: Present your Business Plan for “Agarbatti and Pampad making Unit” or Present your Business Plan for any "Ecological Product"

Session 18

Business Plan Presentation
Practice: Present your Business Plan for the product you have chosen

Session 19

Present your case study from your locality of a Successful Entrepreneur
Demo- Present through the case study format
Practice: Present your case

SE-Case Study Format

Web Link-

https://www.youtube.com/watch?v=FuG8AzK9GVQ

Session 20

Present your case study  of a Successful Entrepreneur

Suggested Books

1.How to write a Business Plan, Dr.Susanta K Mishra,Kindle Self Publishing

2.Skills for Entrepreneurial Success, Dr.Susanta K Mishra,Kindle Self Publishing

3.The 5Gs of Family Business,Walter Viera& Mita Dixit,Sage Publications