The ongoing Entrepreneurship Development Training at ENACT Innovation Hub Ajase-Ipo enters day 3.
Participants were taught Business Plan Development. The significance and relevance of developing a business plan were analyzed. A business plan represents a key foundation upon which any successful business venture rests. While planning is but one of the ingredients to success, failing to plan is planning to fail.
Some of the key points that were talked about include:
* *The detailed definition of business plan Development and Elements of a business plan.
**Types of business plans and their explanations.
***Checklist for a business plan and the benefits of having a business plan.
The Recreational section was also introduced where participants had about 25 minutes to engage in the various indoor board and card games in the recreational room at the hub. Some of the participants were introduced to Chess; the rules, pieces, and few moves.
The participants are thrilled about the opportunities that their newfound training has exemplified to them.
The training continues tomorrow (Thursday).
Registration is free, open, and ongoing.