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Business planning

1. Importance and benefits of business planning – incl. discussion for what type of start-ups the business plan is proper and beneficial, Click to view
2. New venture business planClick to view
Structure and contentClick to view
FormClick to view
Different types of business planClick to view
3. Dos and don’ts in business planningClick to view
4. Scale up business planClick to view


planning, business plan, benefits, target audience, structure, content, formal requirements, types of business plans, Idea-intention / start-up


Understand importance and benefits of business planning. Learn appropriate planning techniques for business planning. Understand structure, forms and types of business plans for start ups. Learn about specifics of scale up business plan. EU entrepreneurial competencies: Planning and management, Financial and economic literacy


Planning is one of keys to successful execution of a business idea. However, planning is frequently underestimated and business plan if often perceived as rigid and outdated tool for nowadays business start-ups. This is certainly not true. If properly executed, business plan is an important and powerful tool for entrepreneur himself, as well as for potential investors, partners and other stakeholders. This training fiche will give an overview about adequate business planning techniques (referring also to other training fiches) and provide instructions how to write a good business plan.


1. Evers, N., Cunningham, J. and Hoholm, T. (2014) Technology entrepreneurship. Bringing innovation to the marketplace. Palgrave Macmillan. 

2. Scarborough, N. M. (2014). Essentials of Entrepreneurship and Small Business Management. 7th ed. Harlow, Essex: Pearson Education Limited. 

3. Smith, J. K., Smith L. S., Bliss, R. T. (2011). Entrepreneurial Finance. Strategy, Valuation & Deal Structure. Stanford, CA: Stanford University Press. 

4. Wickham, P. A. (2006). Strategic Entrepreneurship. 4th ed. Harlow, Essex: Pearson Education Limited. 

5. Stokes, D., Wilson, N. (2010). Small Business Management and Entrepreneurship. 6th ed. Andover, Hampshire: Cengage Learning EMEA.

6. http://www.infoentrepreneurs.org/en/guides/prepare-a-business-plan-for-growth/ 

7. http://www.wikihow.com/Write-a-Growth-Plan 

8. http://www.smartcompany.com.au/startupsmart/advice/business-planning/yes-your-startup-needs-a-business-plan/???????

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Related training material:

Click to readBuilding an entrepreneurial team in a new venture

Click to readBusiness idea generation and evaluation

Click to readBusiness Model

Click to readFinance and resources

Click to readFinancial planning

Click to readHR management

Click to readIP and legal issues

Click to readManaging growth

Click to readMarketing communication for start-ups

Click to readModern approaches to idea development

Click to readPitching a business to investors

Click to readWhat does it take to be an entrepreneur?

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