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Business Plan All new businesses or potential business ideas do need a business plan—but, as you will see in our business case examples, a business plan is not the same thing.
A business plan will show your ideas and writing a business case for a database marketing plans and research, a SWOT analysisand even outline how much capital funding you may need for investors. A business case, on the other hand, is utilized for something tried—that works—that you or your organization wants to sell or implement.
Still, some companies utilize a business case to see if a process or element will work based on the case study. A business case is often used to lay the foundation for something that is believed to be successful by performing an in-depth analysis of the entire project or process.
Al Kemp of Impact Technical Publications offers a free Business Case Primer that covers the areas you should focus on when writing a business case. We have also provided a business case example in our Media Gallery that talks about improving a process; cases more utilized in project management.
Image Credit MorgueFile Typical Examples of a Business Case One real-life business case example comes from a company that produces oil burners for auto repair or body shop facilities. The purpose of the oil burner is to recycle used oil from repair work and turn that oil into a heating source.
A process can also be presented in a business case format. For example, streamlining your customer relationship management may come in the form of online software with cloud capabilities.
In order to sell this software process for CRM needsthe software company must show that the customer retention, development, and satisfaction are improved and justify the cost of using the software instead of older, more traditional CRM processes. In these two business case examples, how do the oil burner maker and the software developers write a business case that works?
Writing a Business Case Much like a business plan, your business case should follow a certain format. Finally, every business case must take care when considering who the case will be presented to. For example, your business case should be unique, but should also be able to be easily and quickly modified for the need at hand.
Once written, a business case may simply need minor revisions to deploy or embrace a new process or idea. Al Kemp of Impact Technical Publications reveals that a business case example should include the following 8 stages: Assess Needs — This should include why the auto repair facility would even want an oil burner for heat, including oil waste and utility expenses along with identifying which repair centers would most benefit from the oil burner.
Define the Business Opportunity — Your business case must include marketing research on how well the oil burner has been received or will be received in the desired market area.
Plan the Work Effort — What effort will be needed to put the oil burner in place, including costs, etc. Investigate Alternatives — The oil burner business case must show other alternatives most likely those more expensivesuch as an oil waste removal company, and compare its product to their services.
Prepare Report — From the information gathered above, you should now be able to prepare a great business case for your oil burner including backup such as graphs or charts that are easily read and show true savings features.
If you are preparing a business case for a project, try first writing a case study of an already successful project to get an idea on how to design your business case to entice support from stakeholders, project teams, and management.
You may even want to try a stage-gate process to help you research your business case. Graphs, charts, and savings examples should be clear without need for explanation. Finally, for any business case example, once delivered to the reviewer, stakeholder, or prospective client, it must stand on its own, be easy to read and understand, and offer interest and the chance of some opportunity that will benefit the end user.
A well-written business case will achieve this each and every time with little modification from case to case.🔥Citing and more! Add citations directly into your paper, Check for unintentional plagiarism and check for writing mistakes.
Connect your entire business with one call. MegaPath offers reliable business phone, internet, VoIP, network, and security solutions all in one place. This business case outlines how the Web Platform (WP) Project will address current business concerns, the benefits of the project, and recommendations and justification of the project.
The business case /5(). What is the BRD? The UCLA-LoPucki Bankruptcy Research Database (BRD) is a data collection, data linking, and data dissemination project of the UCLA School of Law.
Decide what you want, prepare a business case for funders and your management committee, agree indicative budget, outline timetable and the scope of the project.
Selection Write an initial project plan as a brief for the tender process, and use interviews to select a contractor. Join over , law students who have used Quimbee to achieve academic success in law school through expert-written outlines, a massive bank of case briefs, engaging video lessons, comprehensive practice exams with model answers, and practice questions.