sample powerpoint templates for business case

Get the board’s approval for the venture.

Illustrating what value the product or servicing you are proposing will bring to the company.

Typically, you will need to produce a business case when Moreover, there is a higher chance you will get the necessary support to go ahead with the investment. This will consequently lower the risks and increase a project’s value as well as benefits. When developing a solid business case, the investment proposal needs to be more detailed. With this in mind, you are better-placed to recommend which strategy will provide value to the business. The preparation of the business case allows you to put in place a meticulous approach of examining the opportunity, options, project stages, and financial investment. Because of this, solid business cases should come up with a convincing recommendation on the importance of implementing it.

The business case should also carefully assess the risks and benefits of the proposal before implementing the recommendations, appropriate substitutes, the recommendation benefits as well as possible risks of not implementing the proposition.

Should the company invest in this proposition?Īdditionally, practical questions that should be answered include whether the business recommendations can be put in place, as stated, using the allocated budget, and time to generate the desired benefits.

What are the alternatives to invest in that provide the organization with the most value, that is, does the investment generate high-value benefits and are other substitutes more profitable?.

Some of the crucial questions to answer when creating a business case include This comprehensive explanation aims to come up with a rationale to convince decision-makers to approve the proposed recommendations. In contrast, a business case is a proposal that seeks to answer the question of what is the impact of making a certain investment decision.

Typically, included in the business plan is the customer segmentation, market information, financial forecasts, product, and services, as well as sales and cost estimates. Consequently, this allows you to make appropriate recommendations on what is the best action to take that will bring the greatest business value.ĭifferences between a Business Plan and a Business CaseĪ business plan is a detailed document explaining the objectives, goals, and strategies a business has in place that it aims to achieve in the coming three to five years. This then may very well be the secret having your projected approved and the needed finances disbursed.Ī business case is a process of critically scrutinizing the opportunities, project stages, alternatives as well as financial investment. Therefore, you should aim to create a comprehensive business case that makes your project stick out amongst other contending issues in the company. This is because they usually are already tasked with other business objectives and units, which are also important. Whereas the merits and reasons the project is beneficial to the business may be apparent to you and other parties involved, the same cannot be said for stakeholders and other decision-makers. These initiatives are assessed on the business value they offer before they can either be accepted or rejected.īefore the management or board approves any project, you should first create a business case that demonstrates a project’s importance as well as its benefits once it is completed.

Some of these initiatives in the business include business ventures, innovation, IT investments, new products and services, and factory relocation. Nowadays, the senior management, as well as board members, must pay close attention to investments which promise actual business value. It also involves the evaluation of the costs, benefits, and risks of alternative options, which might also offer an acceptable solution. A business case is a verbal or written proposal developed at a project’s earlier stages that aims to provide justifications for carrying out a program or project.

Sample powerpoint templates for business case