Write a Business Plan for IT Training Center - Management Assignment Help

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Assignment Task:

Task:

You are required to write a business plan for IT training center.

- The center will be providing Information Technology Training (virtual and physical training)
- The center will be providing three levels of training: - beginners (foundation) – Intermediate – advance training
- The center will tie up with ministries and private organisations where it can run recruitment related test/ exams for different IT jobs.
- It provide training for job seekers on the competencies required for different positions.
- Great focus will be in the area of:
 Cyber Security Training
 Artificial Intelligence (AI)
 Internet of Things (IoT)

A good plan that proves the idea to be unviable can receive pass marks:
1- A profit projection,
2- breakeven calculation,
3- monthly cash flow forecast, (and balance sheet are required only for the first year.

You must provide details of the assumptions on which these are based.

In order to pass the assessment, you will also need to:
 Evidence understanding of the planning process in developing a business idea
 Demonstrate capacity for the design, development, and through analysis explicate a business plan for an opportunistic venture
 Evidence financial planning through quantification of resource need and utilisation to implement a business venture

Format of the Assignment
1. Table of contents
2. Executive summary - Remember this not an introduction, summary of the plan. Include your mission and vision statement. You could write it after completing the plan.
3. Business Prospects including management – Details of the business, location, shareholding, business structure
4. Details of product or service – A brief description of product/service with clear value proposition. What does the product do? SWOT analysis. Copyrights or Patents? USP?
5. Market Analysis - Macro/micro analysis (PESTLE and Porter’s five forces), estimation of the market size, research into industry size and growth.

 

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