Format for NOUN Business Plan-GST302

Format for NOUN Business Plan-GST302

Creating a business plan presentation for NOUN involves structuring key elements that effectively communicate the business strategy, goals, and vision. Here’s a suggested outline for the presentation:

  1. Title Slide
  • Business Name: NOUN
  • Tagline: (e.g., “Connecting People through Learning”)
  • Your Name and Position
  • Date
  1. Executive Summary
  • Brief overview of the business
  • Mission statement
  • Key objectives and goals
  1. Company Description
  • History and background of NOUN
  • Business structure and ownership
  • Location and facilities
  1. Market Analysis
  • Industry overview
  • Target market and customer segments
  • Market needs and trends
  • Competitive analysis
  1. Products and Services
  • Description of products/services offered by NOUN
  • Unique selling proposition (USP)
  • Pricing strategy
  1. Marketing and Sales Strategy
  • Marketing plan
  • Sales strategy and process
  • Customer acquisition and retention strategies
  1. Operations Plan
  • Business model and operational workflow
  • Key suppliers and partners
  • Technology and equipment
  1. Management Team
  • Organizational structure
  • Key team members and their roles
  • Advisory board (if any)
  1. Financial Plan
  • Revenue model
  • Key financial projections (sales, expenses, profits)
  • Break-even analysis
  • Funding requirements and use of funds
  1. Risk Analysis
  • SWOT analysis (Strengths, Weaknesses, Opportunities, Threats)
  • Risk management strategies
  1. Conclusion
  • Recap of key points
  • Call to action (e.g., investment request, partnership proposal)
  1. Q&A
  • Open the floor for questions

Design Tips

  • Visuals: Use graphs, charts, and images to make data engaging.
  • Clarity: Keep text concise and to the point.
  • Consistency: Use a consistent color scheme and font throughout the presentation.
  • Practice: Rehearse your presentation to ensure smooth delivery.

Would you like help developing content for any specific sections?

ChatGPT

Creating a detailed business plan for NOUN requires a structured document that covers all critical aspects of the business. Here’s a comprehensive format for the NOUN business plan:

  1. Executive Summary
  • Business Name: NOUN
  • Mission Statement: A concise statement of the business’s mission.
  • Vision Statement: The long-term vision of NOUN.
  • Business Objectives: Short-term and long-term goals.
  • Summary of the Business Plan: Brief overview of the products/services, market, and financial projections.
  1. Company Overview
  • Business Description: Detailed description of the business, including the industry and nature of the business.
  • History: Background and founding details.
  • Business Structure: Legal structure (e.g., sole proprietorship, partnership, corporation).
  • Location: Physical and online presence, if applicable.
  • Key Milestones: Important achievements and developments to date.
  1. Market Analysis
  • Industry Overview: Description of the industry, including size, growth rate, and key trends.
  • Target Market: Define the target audience with demographics, behaviors, and needs.
  • Market Size and Growth Potential: Data on the market size and expected growth.
  • Competitive Analysis: Detailed analysis of competitors, including their strengths and weaknesses.
  • Market Trends: Analysis of relevant market trends and how NOUN fits into these trends.
  1. Products and Services
  • Product/Service Description: Detailed information about the products or services NOUN offers.
  • Unique Selling Proposition (USP): What sets NOUN apart from competitors.
  • Product Lifecycle: Expected lifecycle of the products/services.
  • R&D and Innovation: Ongoing and future research and development plans.
  1. Marketing and Sales Strategy
  • Marketing Plan: Strategies for promoting NOUN’s products/services.
  • Sales Strategy: Approach to selling and distributing products/services.
  • Customer Acquisition: Methods for attracting new customers.
  • Customer Retention: Strategies for retaining existing customers.
  • Pricing Strategy: Pricing models and justifications.
  • Sales Forecast: Projected sales over the next few years.
  1. Operational Plan
  • Business Model: Explanation of how NOUN will operate to deliver value to customers.
  • Operational Workflow: Step-by-step overview of the business operations.
  • Location and Facilities: Details of the physical setup and necessary facilities.
  • Technology and Equipment: Description of the technology and equipment needed.
  • Suppliers and Vendors: Key partners and suppliers necessary for operations.
  • Logistics and Supply Chain: Overview of the logistics and supply chain management.
  1. Management and Organization
  • Organizational Structure: Diagram and description of the organizational hierarchy.
  • Key Personnel: Profiles of the key team members, their roles, and experience.
  • Board of Directors/Advisors: Information about any board members or advisors.
  • Human Resources Plan: Hiring plans, employee roles, and organizational culture.
  1. Financial Plan
  • Revenue Model: How the business will generate revenue.
  • Financial Projections: Detailed projections, including income statements, balance sheets, and cash flow statements for at least 3-5 years.
  • Break-even Analysis: Calculation of the break-even point.
  • Funding Requirements: Amount of funding needed, if any, and how it will be used.
  • Exit Strategy: Plans for the business in the long term, including potential exit strategies for investors.
  1. Risk Analysis
  • SWOT Analysis: Detailed examination of strengths, weaknesses, opportunities, and threats.
  • Risk Management: Strategies for managing potential risks and challenges.
  • Contingency Plans: Backup plans for critical business areas.
  1. Appendices
  • Supporting Documents: Any additional documents that support the business plan, such as resumes of key team members, legal documents, product/service images, and more.
  • Glossary of Terms: Definitions of any technical or industry-specific terms used in the business plan.

Design Tips:

  • Clear Structure: Use headings and subheadings for easy navigation.
  • Professional Formatting: Consistent fonts, margins, and spacing.
  • Visual Aids: Charts, graphs, and tables to present data clearly.
  • Appendices: Use for supplementary information that’s too detailed for the main sections.

This format should help in creating a comprehensive and professional business plan for NOUN. If you need help developing any specific sections or further guidance, feel free to ask!

NOUN GST302 Business Plan Template

Student Template For Business Plan – GST302 Business Creation and Growth

SECTION A: Student Personal Details

Date:   ____________________________________________________________

Semester:      ______________________________________________________

Name:   ______________________________________________________

Matric. No.     ______________________________________________________

email Address:  _________________________________________________

Phone Number:   ________________________________________________

Sex:    ____________________________________________________________

Disability: Blind, deaf, etc __________________________________________

Current Profession:   ____________________________________________

Programme of Study:  ____________________________________________

Department:  _______________________________________________________

Faculty:   _______________________________________________________

Study Centre:  __________________________________________________

Zone:  _____________________________________________________________

SECTION B: THE PLAN

1.0.  Executive Summary

1.1. Briefly explain the gap the product or service want to fill

1.2. State the objective
1.3. Present the vision (where you want to be or what you want to achieve. This sells your idea and presents your image) and mission (brief on how you will achieve the vision)

1.4.  Success Indicators – explain the product/service with focus on the sellable parts and how it will bring positive change in human life. (the executive summary is the last to be written but first to appear in a business plan.  It should be about 200 words).

2.0 Description of the Organisation/Company

2.1 Company Ownership (Describe how the idea of the product and company was generated, and legal ownership)

2.2 Start-up plan (For new business) or company history (for existing company)

2.3 Location of the company and facilities

2.4  Organisational Structure

3.0  The Product/Service

3.1  Description of the produce/service

3.2 Product/service uniqueness (how is the product different from other competitive product.
3.3 Give empirical trend of sales if the product is already in the market and if not yet in the market show how you intend to send it to market.

3.4  How would the product fit into the changing technology?

3.5 What is the future of the product/service

4.0 Market Analysis

4.1  Market segmentation (dividing your market of potential customers into groups such as demographic segmentation e.g. sex, age, specific workforce; geographical segmentation; psychological segmentation; behavioural segmentation etc.

4.2 Strategy for target market segmentation

4.2.1 Consumers’ need

4.2.2 Market trends

4.2.3  Market growth

4.3 Analysis of the industry

4.3.1  Do a SWOT (Strength, Weakness, Opportunity, Threat) Analysis. In the strength state all that is within the organization that will help the product/service to grow, the weakness identify those things that are internal that may inhibit the growth of the business, the opportunity is the external support that will help the business to grow, and the threat are external hindrances that may inhibit the growth of the product/service e.g. competitors. 

4.3.2 For Strength and opportunities, consider the hindrance to exploiting it, strategies for exploiting and enhancing it, and possible timelines.

4.3.3 For weakness and threat, consider the effect on achieving the set objectives or goal, strategies to minimize or eliminate such weakness or threat, and possible timelines.

4.4 Strategy for e-marking and technological challenges Strategies for exploiting and enhancing it

5.0 Financial Analysis

5.1 Important Assumptions

5.2 Financial Indicators

5.2.1 Pricing

5.2.2 Proforma (forecasts and projection)

5.2.3  Proforma cash flow and cash flow projection

5.2.4  Proforma profit and loss

5.2.5  Fixed Cost

5.2.6 Goss Profit
5.2.7 Net Profit

5.2.8  Direct Cost

5.2.9 Indirect Cost/Overhead Cost

5.2.10 Unit Cost

5.3 Break-even Analysis

Explanation on GST302, ENT210 and ENT312(Opens in a new browser tab)

SECTION C:  Presentation Strategy

  1. Know your audience
  2. Prepare to win the audience
  3. Pay attention to details:
    • Explain the existing gap.
    • Introduce the Company
    • The Objective
    • The Product/Service
    • Success Indicators of the Product
    • Market analysis
    • Financial Plan

(Note:  You may not include a financial plan but is a must when you are  presenting for sponsorship and grant).

  1. Your slides should not be too wordy. Use more illustrations
  2. Speak to your PowerPoint. Do not read
  3. Demonstrate

Click  the link below to download Student Template For Business Plan pdf

Contact Us for Assistance for your NOUN Business Plan Writing

Whatsapp; 08137981072

Related Posts;

NOUN Business Plan

NOUN Business Plan Presentation

All About National Open University, Noun Gst302 Business Plan

NOUN Business Plan-GST302

NOUN Business Plan Procedures

Leave a Comment