In a dazzling display of entrepreneurial prowess, Lawrence A. Alcantara emerged victorious in the Great Idea Competition at the BYU MS Asia Annual Conference 2023 in Manila. Clinching the top spot, Lawrence secured a prize of US$1,000 for his transformative business plan, Surig-awesome Resort, set to redefine the landscape of Sohoton Cove in Surigao del…
With the rising entrepreneurial spirit permeating diverse sectors and industries, the need for insightful, well-articulated business plans has never been more critical. As a blueprint of your entrepreneurial vision, a business plan elucidates vital aspects— the purpose of the business, comprehensive descriptions, market analysis, organizational structure, product or service lineup, marketing strategies, financial projections, funding…
Supporting BYU MS in the Asia Region In November 2021, at our Asia Summit, the BYU Management Society Asia area completed its second Business Plan Competition. This competition started with 37 teams from seven countries, and in the end, 9 teams won cash prizes in 3 different categories. Here are 10 top reasons why you…
While people brainstorm ideas for business competitions they often fall into the trap that they have to do something that is completely new or learns new skills. This is not true! The possibilities for business ideas are as limitless as your imagination and determination to make them happen. This article is just a brief brainstorm…
Not everyone can win a business plan competition. There will always be winners and losers along with the winners; the business plan competition losers are learning along the way. Losing a business plan does have benefits! Numerous participants have said they learned a lot from the competition and would do it again or implement what…