THE BUSINESS OF COMPOST Session 5. Developing a business plan.

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Presentation transcript:

THE BUSINESS OF COMPOST Session 5

Developing a business plan

What is a business? What does a business do? Why start a business? Do you need a business?

Developing a business plan Who is it for? - its for YOU - its for Investors - its for Stakeholders

Developing a business plan What goes in it? - Executive Summary - Company Description - Organization and Management - Service or Product Line - Market Analysis - Marketing and Sales - Financial Projections

Developing a business plan The Lean Canvas -

Record keeping and finances Profit = What you earn – what you spent You can’t manage what you don’t measure Track Everything Learn accounting or hire an accountant QuickBooks Do what makes sense to you and your organization

Cost savings and business opportunities Vertical integration Horizontal integration Business spinoffs Partnerships Efficiency and cost savings