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Business Planning

Business Planning is an applied certificate program that provides knowledge and skill development in preparing a comprehensive business plan for your own business. You will learn how to research your idea, analyze your idea’s potential, use your business plan to access financing and use your business plan as a business management guide. Each course you successfully complete is a credit toward Saskatchewan Polytechnic’s Entrepreneurship and Small Business Program.

The complete program is available through distance and/or continuing education course offerings. The program is available full-time at Saskatchewan Polytechnic Campus in Prince Albert. For complete program information, check the program page.

Prior Learning Assessment and Recognition (PLAR) and transfer credit may be options for receiving credit. For further information see the PLAR page or the transfer credit page.

The course will help you prepare a business plan that combines your finalized marketing, operational, human resource and financial strategies with a mission statement and executive summary. You will develop a verbal presentation of your business plan and deliver in a simulated business environment.

Prerequisites: Financial Strategy

This course currently has no offerings.

The course describes the methods used to finance a business. You will investigate sources of financing, learn how to approach leaders and examine the basic forms of collateral security. You will also prepare a statement of projected costs and sources of funding for your business. The course describes financial projections focusing on the projected cash flow statement and projected income and expense statements and uses the information to determine the breakeven point and return on investment. You will develop a financial strategy for your business.

Prerequisites: Operational Strategy, Human Resource Strategy

This course currently has no offerings.

You will identify human resource requirements for a small business, including creating job descriptions, hiring staff and managing performance. You will also examine the issues of compensation, discipline, training plan development and labour standards. You will select a professional support team and prepare a resume for inclusion in your business plan. You will prepare a complete human resources strategy for your proposed business.

Prerequisites: Operational Strategy, Marketing Strategy, , (concurrent)

This course currently has no offerings.

You will learn how to conduct primary and secondary marketing research. You will learn how to describe the product, competition, industry, and supplier network for your business.

No Mid-Term Exam

This course currently has no offerings.

You will examine the target market of your business, and how to communicate with them through traditional and electronic means. You will describe the target market, and prepare a promotional plan for your business.

Prerequisites: Market Research 1

This course currently has no offerings.

You will focus on projecting the revenue for your business. you will examine external factors such as economic conditions, technology, social trends, and regulations; discuss common pricing methods; and calculate market potential and market share. This revenue projection, in combination with the research from MKTG 164 and MKTG 165, will create a marketing strategy for your business.

No class May 18

Prerequisites: Market Research 2

This course currently has no offerings.

The course describes the operations of a small business. Your studies will include the following topics: selecting a location, planning an efficient layout, describing the licensing and regulatory requirements, choosing a business name, determining hours of operation, determining fixed asset requirements, managing inventory, locating suppliers, investigating insurance and estimating start-up costs. Course content and learning activities will help you develop an operational strategy for your business.

Prerequisites: Human Resource Strategy, Marketing Strategy, , (concurrent)

This course currently has no offerings.