Kaustubh Chavan*
Undergraduate students, particularly college students, have the potential to be innovative and successful entrepreneurs since they frequently have a lot of unrealized ideas. Many intriguing ideas go unexploited, though, because there is no forum to disseminate them and involve more students. Students ideas have the potential to blossom into billion-dollar businesses if they're nurtured from the idea stage through the creation of a strong business plan. Without the right direction and encouragement, students may find it difficult to turn their ideas into profitable businesses. This is sometimes hampered by worries about how they will balance their college obligations with startup work given their inexperience. The difficulties that aspirant student entrepreneurs must overcome are further complicated by the need to balance academic success, get good marks for on-campus jobs, and be ready for exams. Even if students manage to overcome these challenges, the lack of a well-written and practical business plan becomes a significant barrier to garnering investor interest and gaining funding for their projects or ideas. Thus, it is essential to give undergraduate students the instruction and tools they need to create successful business plans while they are in college. The creation of a club or organization within the institution with the specific mission of encouraging an entrepreneurial mentality and developing business plan development abilities among undergraduate students is suggested in this study article. Students can better comprehend the advantages and significance of business planning by organizing educational workshops, presentations, and debates with industry experts as well as competitions and challenges. Colleges can encourage the emergence of new businesses by supplying undergraduate students with the knowledge and abilities required for efficient business plan development.
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