Business Plan and It’s Components

An interactive talk session by Mr. Rakesh Pardasani, Partner at RSM Dahman on the topic “Business Plan and It’s Components “ on 16th September 2014 in BITS Pilani, Dubai Campus. The talk began at 5 pm.

Rakesh Pardasani is a partner at RSM Dahman. Previously he served as Director of RSM Dahman and a Partner at Hiranandani and Co., Gandhidham. Rakesh, an Indian national, is a member of the Institute of Chartered Accountants of India, (ICAI) having qualified in November 2000. Later he has also qualified as “Information Systems Auditor” from the ICAI in June 2002.

The talk was attended by students of the New Venture Creation course. He began by explaining that for an entrepreneurs’ product or services, they must first address a pain point. He went on to speak about Financial aspects which were Income statements, Balance Sheets, Cash Flow Forecasts, Capital Requirements, Break even points or ROIs and Sensitivity Analysis. He concluded the talk by sharing his contact details.

This was followed by an open question answer interaction with the speaker. Mr. Pardasani patiently answered questions thrown out to him by the budding entrepreneurs.
The Vote of Thanks was delivered by Nitin Bhalla. A memento was extended to Mr. Rakesh by Dr. Rao, Nitin Bhalla and Siddhant Gupta. Dr. Rao concluded the session with some words of gratitude for the speaker. The NVC students greatly benefited from this talk as a Business plan is an integral part of their course.

Written by:
Arshi Farid
CIIED Member