Entrepreneur Guide To Innovation and Strategy

Entrepreneur Guide To Innovation and Strategy

Successful entrepreneurs or innovative entrepreneur pursue new business opportunities in a pioneering way. They significantly contribute to innovation, growth and employment generation. Meet top entrepreneurs who share their experience and insights in this intermediate course and explore their entrepreneurial challenges in real-life case studies.

The course Entrepreneur Guide To Innovation and Strategy explores the creation and management of start-up businesses. It concentrates on initial strategy, location, financing, staffing, daily activities, controls and taxes. Students develop a business plan for a start-up business. This course evaluates the necessary qualities and characteristics of the successful entrepreneurial profile. It helps students recognize and determine the steps necessary to design and develop a startup for-profit business and to open and operate a small business enterprise. This describes the basic forms of small business ownership and identifies the necessary financial competencies needed by the entrepreneur. These further utilize information, financial estimates and projections, logic and critical thinking needed to recognize opportunities

Entrepreneur Guide To Innovation and Strategy

Learning Outcome

Course Objective(entrepreneur and innovation)

• Describe the processes by which innovation is fostered, managed, and commercialized.
• Spot new business opportunities in the environment, whether by recognition, development, or creation.
• Effectively and efficiently evaluate the potential of new business opportunities.
• Assess the market potential for a new venture, including customer need, competitors, and industry attractiveness.
• Develop a business model for a new venture, including revenue, margins, operations, working capital, and investment.
• Develop pro forma financial statements that reflect business model decisions and that can be used to determine future funding requirements.
• Write a clear, concise, and compelling business plan for a new venture.
• Identify appropriate sources of financing for an entrepreneurial business plan.

What is the target audience?

• This course is created for Business people who hase already being running their businesses for 5-7years and they need a spark.