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What is Business Plan and Analytics?
Business Plan and Analytics is an area related to skills like business networking and data analytics. Business planning is necessary to keep goals and objectives on track. Successful business planning requires much more than writing out a set of ideas and aspiring to see them through. According to the Small Business Administration, business planning "guides you through various phases of your business." A major part of business planning and analytics is to carefully analyze the direction that your company is headed and measure its potential for achieving company goals. Organization is the most important part of a business plan. Analytics is the process of discovering, interpreting, and communicating significant patterns in data. Analytics helps to see insights and meaningful data that we might not otherwise detect. Business analytics focuses on using insights derived from data to make more informed decisions that will help organizations increase sales, reduce costs, and make other business improvements.
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Why is it important for entrepreneurs and businesses?

It gives entrepreneurs and business owners the ability to lay out their goals and track their progress as their business begins to grow. It should be the first thing to be done when starting a business; it is important for sharing the vision of your business with stakeholders and other relevant bodies. Business Plan and Analytics can help you with critical decisions, iron out the kinks and avoid the big mistakes, prove the viability of the business, set better objectives and benchmarks and communicate them, provide a guide for service providers, secure financing, better understand the broader landscape and reduce risk.

Do you want to learn more about the concept behind?

| Course title | Objective | Author | Link | | ------------ | --------- | ------ | ---- | | Young Entrepreneurs Training | This open and free course contains training modules for young entrepreneurs. You can learn among other on business models. | Young Entrepreneurs Teaching Initiative - Erasmus+ project | [http://www.yetierasmus.eu/course/young-entrepreneurs/lessons/business-proposal/](http://www.yetierasmus.eu/course/young-entrepreneurs/lessons/business-proposal/)  | | BLUES (the Blended-Learning International Entrepreneurship Skills Programme) | In the third module of this course, you can learn about business analysis and strategic management. | The Blues Erasmus Project | [https://eblues.eu/module-3-business-analysis-and-strategic-management/](https://eblues.eu/module-3-business-analysis-and-strategic-management/) | | Business plan free course - write a business plan like a professional | To learn how to write your business plan in the best manner: why writing a business plan is necessary; how to write it; business and products part of the business plan; etc. | Microsoft | [https://www.microsoft.com/en-us/p/business-plan-free-course-write-a-business-plan-like-a-professional/9nxk99mw6tns?activetab=pivot:overviewtab](https://www.microsoft.com/en-us/p/business-plan-free-course-write-a-business-plan-like-a-professional/9nxk99mw6tns?activetab=pivot:overviewtab)  | | How to Design a Successful Business Model | In this business and management course, you will learn the key steps to take to design or innovate your own business model.  | DelftX | [https://www.edx.org/course/how-to-design-a-successful-business-model](https://www.edx.org/course/how-to-design-a-successful-business-model)  | | Business Planning Course | This course is divided into different lessons. Its objective is to teach about expenses forecast, sales, projected profit and loss, projected balance sheet and how to write a business plan. | Bookkeeping Master | [https://www.freebookkeepingaccounting.com/free-business-plan](https://www.freebookkeepingaccounting.com/free-business-plan)  |
How digital tools can help you in Business Plan and Analytics?
There are plenty of free courses on Business Plan and Analytics. To learn more, we recommend you consulting:
Click here to see all the tools
Business Plan & Analytics
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Splunk

Splunk is a software platform widely used for monitoring, searching, analyzing, and visualizing machine-generated data in real time. It performs capturing, indexing, and correlating the real time data in a searchable container and produces graphs, alerts, dashboards, and visualizations. Splunk provides easy to access data over the whole organization for easy diagnostics and solutions to various business problems. If you have a machine which is generating data continuously and you want to analyze the machine state in real time, you can do it by using Splunk.

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Google My Business

Google My Business (GMB) is a tool that enables you to manage and optimize your Business Profile on Google. Your Business Profile is Google’s term for your Google business listing. Business Profiles appear in Google Maps and in the local results of Google Search.  Creating a Google Business Profile is an important way to attract new customers to your business through Google search and Maps. Google Business Profile is a free business listing from Google. It allows you to provide details and photos of your business, including your location, services, and products.

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Hootsuite

Hootsuite is a platform used to manage online brands and to submit messages to a variety of social media services. It also includes services such as social analytics, audience engagement and team collaboration. The service is commonly used to manage digital media and digital marketing and enables social media managers, digital marketers and others to submit messages to a variety of social media services with far fewer clicks. With Hootsuite you can develop essential social marketing skills and tactics to grow followers and engage with your audience.

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Business Plan & Analytics
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Splunk

Splunk is a software platform widely used for monitoring, searching, analyzing, and visualizing machine-generated data in real time. It performs capturing, indexing, and correlating the real time data in a searchable container and produces graphs, alerts, dashboards, and visualizations. Splunk provides easy to access data over the whole organization for easy diagnostics and solutions to various business problems. If you have a machine which is generating data continuously and you want to analyze the machine state in real time, you can do it by using Splunk.

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Business Plan & Analytics
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LinkedIn

LinkedIn is the world's largest professional network, with 756 million users in more than 200 countries and territories around the world. You can use LinkedIn to display your resume, search for jobs, and enhance your professional reputation by posting updates and interacting with other people. Through some videos and other resources, you will learn more about the tool itself, how to use it (steps and tips on how to create a good profile), how to build a LinkedIn profile and how to grow your business on it.

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Business Plan & Analytics
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Hootsuite

Hootsuite is a platform used to manage online brands and to submit messages to a variety of social media services. It also includes services such as social analytics, audience engagement and team collaboration. The service is commonly used to manage digital media and digital marketing and enables social media managers, digital marketers and others to submit messages to a variety of social media services with far fewer clicks. With Hootsuite you can develop essential social marketing skills and tactics to grow followers and engage with your audience.

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Business Plan & Analytics
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Enloop

With Enloop you can quickly create a complete business plan with text and financial forecasts that are generated for you. Your plans are maintained securely online so you can return and edit them anytime. Enloop is a safe place to test your forecasts. The app provides useful reality checks built-in, with helpful tools like a predictive score; side-by-side industry average comparisons; a report card; and self-generating text and financials that automatically update whenever you make changes to your data. Practical stuff to help you quickly create a plan that is also a decision-making tool.

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Business Plan & Analytics
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Apache

Apache Superset is a modern BI app with a simple interface, feature-rich when it comes to views, that allows you to create and share dashboards. This app is simple and doesn’t require programming, and allows you to explore, filter and organise data. It is an open-source software cloud-native application for data exploration and data visualization able to handle data at petabyte scale (big data). Superset is a modern data exploration and data visualization platform. Superset can replace or augment proprietary business intelligence tools for many teams.

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