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Certificate in Business Planning

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Business Planning


About Business Planning
Business planning takes place when the key stakeholders in a business sit down and flesh out all the goals, strategies, and actions that they envision taking to ensure the business’s survival, prosperity, and growth.

Why is Business Planning important?
The benefits of business planning are
•    See the whole business. Business planning done right connects the dots in your business so you get a better picture of the whole. Strategy is supposed to relate to tactics with strategic alignment. Does that show up in your plan? Do your sales connect to your sales and marketing expenses? Are your products right for your target market? Are you covering costs including long-term fixed costs, product development, and working capital needs as well? Take a step back and look at the larger picture.
•    Strategic Focus. Startups and small business need to focus on their special identities, their target markets, and their products or services tailored to match.
•    Set priorities. You can’t do everything. Business planning helps you keep track of the right things, and the most important things. Allocate your time, effort, and resources strategically.
•    Manage change. With good planning process you regularly review assumptions, track progress, and catch new developments so you can adjust. Plan vs. actual analysis is a dashboard, and adjusting the plan is steering.

Who should take the Business Planning Exam?
•    Business  professionals
•    Business owners
•    Entrepreneurs or Innovators
•    Anyone who wants to assess their business planning skills
•    Entrepreneurs who are thinking of starting a business
•    Business owners who want to grow an existing business or solve an operating problem
•    Business consultants
•    Students

Business Planning Certification Course Outline
1. Introduction to Business Strategy
2. Introduction to Strategic Management
3. Business Planning


Certificate in Business Planning FAQs

You can directly go to the certification exam page and register for the exam.

You will be required to re-register and appear for the exam. There is no limit on exam retake.

There will be 50 questions of 1 mark each

No there is no negative marking

You have to score 25/50 to pass the exam.

The result will be declared immediately on submission.

It will be a computer-based exam. The exam can be taken from anywhere around the world.