business planning basics +++
DESCRIPTION
Business Planning Basics +++. Holistic Planning of Your “Whole within a Whole”. Today’s Goals. Learn about the Business Planning Process & Tools Use Holistic Management in the Business Planning process “Planning A Whole Within A Whole” - PowerPoint PPT PresentationTRANSCRIPT
HOLISTIC PLANNING OF YOUR
“WHOLE WITHIN A WHOLE”
Business Planning Basics +++
Today’s Goals
Learn about the Business Planning Process & Tools
Use Holistic Management in the Business Planning process “Planning A Whole Within A Whole”
Share your Business Planning Experiences and Build Connections within your Mentee Working Group
Review Holistic Goal, Testing Decisions, Financial Planning, Marketing concepts and answer lingering Questions
In Pairs, Answer the Following (switch after 2 min):
Write this answer on index card:
What do you know about Business Planning?
Explain How you Completed Your Business Plan if you have one.
What do you hope you will learn today?
Break into Your Mentee Groups
HTTP: / /APP1.SBA.GOV/TRAINING/SBABP/ INDEX.HTM
SMALL BUSINESS ADMINISTRATION ONLINE
PLANNING WORKSHOP
Intro toOnline Business Planning
Tools
Other Online Resources
SCORE – mentors
-templates
Small Business TV
-internet marketing
Mass.gov
Emyth Worldwide
http://counseling.score.org/AvectraScore/Secure/CounselorSearchResult.aspx?KeyWord=business+plan&State=MA
http://www.score.org/template_gallery.html
http://www.sbtv.com/InternetMarketing
http://www.mass.gov/?pageID=elwdconstituent&L=2&L0=Home&L1=Businesses&sid=Elwd
http://www.e-myth.com/pub/htdocs/emr_ch1
Farm Related Online Resources
AgMRC
New England Food Entrepreneurs
MA Specialty Foods Association
Meat
New Entry Sustainable Farming Project
Polyfacefarm
http://www.agmrc.org/markets__industries/
http://www.umass.edu/nefe/state_specific/state_ma.html
http://www.msfa.net/http://www.leopold.iastate.ed
u/organic/index.htmlhttp://nesfp.nutrition.tufts.ed
u/resources/plainlanguage.html
http://www.polyfaceyum.com/shop/
Internet Direct Marketing Tools
YouTube
Wordpress
Slide
http://www.youtube.com/watch?v=eIWlIrTNA1w
http://wrcinashfield.wordpress.com/2010/03/08/biointensive-farming-brix-and-soils-training-for-farmers-in-rural-panama/
http://www.slide.com/arrangehttp://twitter.com/http://www.facebook.com/pos
ted.php?id=112693256104&share_id=103651399669991&comments=1#!/Polyfacefarm?ref=share
Describe Your Management StructureThink about each job that needs doing on the farm, starting with the President/CEO,
Who needs to report to who?
What are the standards that need to be met?
Do you have job descriptions for each job?
Write down the name of the person responsible for each job, even if it is you for all jobs
Are the necessary steps written down?
Business Management Structure
President/CEO
Chief Financial Officer
Book Keeper Accountant
Vice President of Farm
Operations
Vice President marketing
REVIEW THE COMPONENTS OF THE BUSINESS PLAN, (30MIN.)
BRAINSTORM IDEAS & DISCUSS AREAS YOU NEED TO WORK ON IN YOUR OWN PLAN (30 MIN.)
REPORT BACK TO THE GROUP (30 MIN.)
Work in Your Mentee Groups
REVIEW HOLISTIC GOAL – THREE PARTS?REVIEW WEAK LINKS FROM FINANCIAL
PLANREVIEW MARKETING CONCEPTS
TEST A BUSINESS PLANNING DECISION
In Mentee Groups, work in pairs
Pass FailDoes Not
Apply
Don't know
Gross Profit AnalysisEnergy SourceEnergy Use
Weak Link—Financial
Your Decision :
Money SourceMoney UseSustainabilitySociety & CultureJustification
Holistic Management - Testing Questions Matrix Proposed Action
Cause & EffectWeak Link—SocialWeak Link—Biological
ALLAN SAVORY CENTER FORHOLISTIC MANAGEMENT ANNUAL INCOME AND EXPENSE PLAN
Leading Income Item -
primary wages
House rental
TOTAL INCOM
E
Asset template
Leading A
Expense Item -
Inescapable
mortgage
Trailing A
Expense Item -
Inescapable Educ.
Loan pmt
Wealth Generating House Leading Expense
Item
Initial Balances,Rates, etc.>
January Plan 3,200 550 3,750 Plan Plan 1,600 250
* - Actual 3,200 550 3,750 Actl Actl 1,600 250
Difference 0 0 0 Diff 0 Diff 0 0 0
Cumulative Difference To Date 0 0 0 Cum 0 Cum 0 0 0
February Plan 3,200 550 3,750 Plan Plan 1,600 250 1,800
* - Actual 3,200 550 3,750 Actl Actl 1,600 250 1,800
Difference 0 0 0 Diff 0 Diff 0 0 0
Cumulative Difference To Date 0 0 0 Cum 0 Cum 0 0 0
March Plan 3,200 550 3,750 Plan Plan 1,600 250 3,100
* - Actual 3,200 550 3,750 Actl Actl 1,600 3,100
Difference 0 0 0 Diff 0 Diff 0 250 0
Cumulative Difference To Date 0 0 0 Cum 0 Cum 0 250 0
April Plan 3,200 550 3,750 Plan Plan 1,600 250 350
* - Actual 0 Actl ActlDifference (3,200) (550) (3,750) Diff 0 Diff 1,600 250 350
Cumulative Difference To Date (3,200) (550) (3,750) Cum 0 Cum 1,600 500 350
May Plan 3,200 1,800 5,000 Plan Plan 1,600 250
IN PAIRS, USE TESTING TO DECIDE ON THREE NEW BP/MARKETING TOOLS YOU WOULD LIKE TO TRY THIS YEAR
WHAT WEAK LINK WILL THEY HELP YOU ADDRESS?
WHEN WILL YOU COMPLETE IMPLEMENTATION OF THESE 3 NEW IDEAS?
REPORT YOUR IDEAS AND IMPLEMENTATION DATE ON INDEX CARD & HAND TO YOUR MENTOR, THEY WILL CHECK IN WITH YOU ON YOUR PROGRESS
Closing Thoughts?