How to make a business plan

Farm Table says:

This guide from the Business Council of Co-operatives and Mutuals (BCCM) assists in the creation of a Business Plan.

All co-operatives, regardless of their size or type need a business plan. A business plan helps clarify the activities for the co-operative and identifies the logistics, resources and finances needed for it to be successful

Structure

The suggested structure in the guide is as follows:

     Introduction to the Co-operative:

  • Purpose and Objectives
  •         Member value proposition

        Operating Context:

    •         Operating environment
    •         Key opportunities and challenges

            Resources and Strategy:

        •         Operations (products / services)
        •         Business establishment, Due diligence and Compliance
        •         Financial resources (Income)
        •         Human resources
        •         Asset requirements and Logistics
        •         Marketing strategy
        •         Member engagement strategy
        •         Risk management strategy

            Forecast Financial Statements:

        •         Profit and loss statement
        •         Cash flow statement
        BCCM
        Bradley Dawson
        Bradley Dawson

        Bradley is a seasoned copywriter at Farm Table, bringing decades of experience in journalism and content creation. Formerly a producer and journalist for the Telstra Sports website, he has honed his skills in crafting engaging and informative content. Now, he applies his expertise to the Australian agriculture sector, delivering high-quality writing that informs and supports the Australian farming community.

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