National Open University Of Nigeria, NOUN Feasibilities Business Plan Writing (Gst302) Powerpoint Slides

A business plan is a formal document that outlines a company's goals, the strategy for achieving them, and the resources required. Writing a business plan involves detailing the opportunity, mission statement, description of products or services, and the structure of the business, among other elements. It serves as a roadmap for the business and is often used to attract investors or guide operations.

The phrase "business plan writing" refers to the process of creating a business plan, which is a structured document detailing a business's objectives, strategies, market analysis, financial projections, and operational plans. This writing serves as a blueprint for the business's future and is crucial for securing funding and guiding management decisions.
Key Elements of Business Plan Writing:
1.    Executive Summary: A brief overview of the business plan.
2.    Business Description: An outline of the business, including its mission, vision, and values.
3.    Market Analysis: Research on industry trends, target market, and competition.
4.    Organization and Management: Information about the business structure and management team.
5.    Products or Services: Description of what the business offers.
6.    Marketing and Sales Strategy: How the business plans to attract and retain customers.
7.    Funding Request: If seeking funding, details about the required capital and its intended use.
8.    Financial Projections: Forecasts for revenue, expenses, and profitability.
9.    Appendix: Additional supporting documents.
Effective business plan writing requires clarity, conciseness, and a thorough understanding of the business landscape.

NOUN Business Plan FAQ

How many marks is alloted for Business Plan?
60 marks is alloted to Business plan write-up and presentation and 40 marks is given to the e-examination

What are the likely questions asked during GST302 online presentation?
The following questions are also asked from students:
i. What is your name and matric no?
ii. Your presentation within 2mims (That is Executive summary)
iii. What is the innovation in your business since many people are already into the business or how will your business be different from others or what gap do you want to fill.?
iv. Who are your target customers?
v. What is your SWOT analysis?
vi. What is your break-even point?
vii. How would you market your product?
viii. How much will your business cost (startup cost)?
ix. What is your organization structure?
x. Name some of your competitors in your area?

How can i join GST302 online facilitation?
1. Type the website: https://elearn.nouedu2.net/ on the browser.
2. Enter your username and password
3. Go to online courses
4. Click on GST302
5. Scroll down to your Incubation Centre Meeting e.g South West Incubation Centre Meeting
6. Click on it and join the meeting with the link that will always be sent to you.

What is GST302?
GST302 Course Title: Business Creation and Growth is a 2 unit compulsory course in 300 level. Formally known as GST301 with Course Title: Entrepreneurship Studies 1.

Is there TMA for Gst302?
A resounding No...There is no TMA for Gst302

What is GST302 Business Plan?
GST302 business plan is a write-up you will present to the school, explaining what it takes to start up a business, and how to manage the business well.

What is Presentation?
After writing the business plan, you will need to present it to the school, explaining what is in the write-up, you can do the presentation online, you can also do the presentation in your study centre.

After my write up what next?
Once you have a write-up, you need to upload it on the GST site, then choose a day for your presentation.

Can i get the Business Plan write-up?

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