Business Planning

Recently I had one of the best course of my MBA studies, Business Planning. The idea of this course is to develop a new product idea, project the budget, profit, cashflows for the overall Business, decide the various marketing strategies and the overall organisation of the Business. Our group introduced the idea of starting the heating system well in advance by sending a simple SMS. It takes considerable amount of time for the heating to take in to effect without automatic heating system. Our product gives the flexibility to start the heating system well in advance so that when the user enters the car its warm and comfortable. We have a microcontroller which gets interfaced with the heating system in the car and GSM receiver is placed inside the mircocontroller to receive the SMS. Of course this product can be replicated to start the ACs in the car in hot countries. I simply loved the task of writing a Business Plan for this product with all the financial calculations. After this course I realized and smelled the idea of starting a Business at some point of time. Great course!!

Cheers,
Sathish Kumar S