OSTTC’s 7 week Business Planning Program is primarily aimed at small for-profit business, mostly start-ups. Although for-profits remains the focus of the program, the program is easily adaptable for participants focused on social-enterrprise, not-for-profit activities or simply wanting to increase the level of innovation in the workplace (being intrapreneurial).
Regardless of the focus, the program’s outcomes enable each participant to clearly demonstrate:
- The desirability of their offering (enough demand/need)
- The feasibility of the organization they plan to build (how they will execute); and
- The financial sustainability and viabiity of their organization in the short and long-run. Higher quality business plans ultimately empower participants to make better decisions, present more convincing arguments to secure needed funding and investments as well as generating more revenues.