DJAME’s E-Connect – The Importance of Business Plan explained!

In the latest edition of E-Connect of D.J. Academy for Managerial Excellence, Mohamed Riaz, Executive Director – BNI Tirunelveli, Social Entrepreneur & Business Coach addressed the students on Business Plan Writing’

A strong professional who went from BNI Executive Director to Regional Director, Mr.Riyaz shared the significance of writing a business plan with the students.

He said that emphasized the importance of writing a business plan as a first step before venturing into any businesses. He dwelt in detail about all the critical elements of a business plan that includes setting clear goals, rising funds, the types of investors, creating different versions of business plan based on the industry, the kind of secrecy that should be maintained, the importance of industry trends and executive summary.

The session was followed by a Q & A session. Students, faculty members of DJAME and other institutions took part in this interaction initiative.