This is the second article in a series of two. Whereas the first article focusses on what business plans are and why you need one, this second article elaborates on the characteristics of a good business plan. And in the third one, finally, we will discuss the sections to go in it – and what should go into each one… A business plan isn’t just a document for you. It’s the way you’ll showcase your idea to investors and other stakeholders. So make it specific to the opportunity, and tailor it to your company. No two business plans are the same. But there is best practice you can follow. Good business plans generally share these five characteristics…
So you know you need a business plan and you understand the characteristics of a good plan. Now it’s time to sit down and create one for your organisation. But where to start? When it comes to writing your business plan, there’s no one-size-fits-all. But there are some sections you should definitely include – like an executive summary, details of the opportunity and information about your company.
Chris Veeningen has been working in the financial sector for 20 years, first in the equity department of a bank and then ‘on the other side’, as a corporate financier. As the financial adviser of the Start Foundation, a Dutch non-profit organisation, he wishes to help people with a disadvantage on the labour market. By means of a social profit grant, Chris took the two-day Venture Capital and Private Equity Programme at Vlerick.
When you’re choosing where to learn about business, it makes sense to partner with a school that’s recognised across the world for the quality of its programmes. Yet in a world full of spin, how do you know who to listen to? In the world of business learning, there’s an easy way to assess which schools stand out head and shoulders above the rest.
Two months after its kick-off, around 400 Take the Lead executive education students gathered in Brussels for the inspiration session. The goal was to find out about concrete applications for AI and new digital technologies at close hand. “This day exceeded my expectations,” says Peter Monsieurs from Pontis. “What I found most interesting is that you don’t need to have a huge amount of technological knowledge, experience and budget to start working with AI. And that certainly opens up options.”
Master Student Fernando Tonelli attended the Vlerick MBA Alumni Event with Mr. Jacques Vandermeiren - CEO Port of Antwerp. The port of Antwerp is one of the biggest ports in the world and, along with the port of Rotterdam, one of the most important in Europe. A deep and structured corporate transformation – led by the CEO Jacques Vandermeiren himself – moved the Antwerp Port Authority into the 21st century. Resulting in above-industry growth over the last few years, and profiling Antwerp as the ‘port of the future’. However, this was by no means an easy task…