A special master class on “Key points of developing a business plan” was organized for the Master’s students on February 13, 2020 at Republican Graduate School of Business and Management.

The training was conducted by Narinyan Sofia Surenovna – a specialist with great experience in field of business designing, a business consultant, a trainer of Professional Management Program (PMP) at Uzbek-Japan Center (UJC).

She instructed the participants on the bases of business planning and developing the key skills of the business plan designing. The program of the training included information on the essence of the business plan, its types and role in strategic planning, review of the parts of the business plan and their interconnection, the procedures of developing a business plan, aspects of marketing plan, marketing strategy, aspects of organizational plan and the management.

The students obtained both methodological knowledge on developing business plan as well as skills on applying the knowledge they study. The participants exercised on practical tasks, directed at forming the skills of developing a business plan.

It was mentioned that direct participation of the executives of a project (initiators of its composition) is a vital part of developing a business plan. It is required to enable the business person to be systematically and fully aware of the strong and weak aspects of their organization, its main activities, the actual probability of realization of the said business plan.

The interactive nature of the training enabled the students obtain answers to all the questions of their interest.