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
