HCM Business Diploma

The Business Plan

In todays session ..
Review marks from Task 1

In todays session ..
Review marks from Task 1

1-1 Sessions

In todays session ..
Review marks from Task 1

1-1 Sessions

Business Plan Workshop Session

In todays session ..
Review marks from Task 1

1-1 Sessions

Business Plan Workshop Session

Look at the plan for the following weeks.

Seating Plan for this week.

Seating Plan for this week.

Business Idea 1 Business Idea 2

Business Ideas / Plan Activity

Business Ideas / Plan Activity

Team 1
Logic Caf

Music themed cyber caf which is aimed at making digital music. Logic-based iMacs, headphones, keyboards, sample/vocal booth. Workshop events, songwriter meetings.

Business Ideas / Plan Activity

Team 1
Logic Caf

Team 2
Strings, Picks and Sticks Vending Machines. Venues, Pubs, Schools, Colleges, Rehearsal Studios, Recording Studios. Shopping centres (that dont have music retail). What else could you sell?

Music themed cyber caf which is aimed at making digital music. Logic-based iMacs, headphones, keyboards, sample/vocal booth. Workshop events, songwriter meetings.

Things to consider ..
Logic Cafe
Cost of venue Cost of set up Staff? Logic Lics. Internet access Franchise? Year 1, 2 and 3 Projections

Sticks n Picks Vending

Cost of wholesale equip. Machines? % commission. Sites Re-stocking Advertising Year 1, 2 and 3 Projections

Your team needs

Products or Services Champion (R&D) Marketing Manager (Marketing) Product Development Teams (Design) Financial (Money Profit margins, costs etc) Sales Team (Sales, Pitching the ideas)

Re-Cap
Your business plan needs to be broken down into sections. Thinks in terms of Marketing, Product/Services, Money and Sales. Have 3 plans Conservative, Medium, Success but ALL must make a Net Profit. Growth plan 1 year, 3 years, 5 years etc

Homework

Come up with an original music-related business idea.