1. SUSTAINABLE BUSINESS PLANNING WORKSHOP

2. BUSINESS PLANNING The goal:
To help producers and business managers improve the management of their business through business planning.

3. BUSINESS PLANNING The consensus:
Business planning is important and valuable for producers!

4. BUSINESS PLANNING A business plan is particularly important for:
New or expanding businesses
Creative, nontraditional alternative enterprises

5. BUSINESS PLANNING The challenge:
How to help a producer develop a business plan?

6. BUSINESS PLANNING We have learned that business planning:
Can be very time consuming
Alternatively it can be expensive
Or it can be both.
How can we effectively deliver business planning assistance to producers?

7. BUSINESS PLANNING
The value of a Business Plan should outweigh the time and cost required to develop.
Should facilitate change in a farm business
Should improve management of the business.

8. BUSINESS PLANNING We have also learned that business planning:
Should be done by farm managers
It should not be done for them.

9. BUSINESS PLANNING How do we motivate farm managers: To take the time
Do the work
Needed to develop a business plan.

10. BUSINESS PLANNING Goals of this workshop:
Share thoughts and experiences on how to help producers with business planning.
Learn to use the tools available to help.
Provide additional resources to help you deliver business planning assistance.

11. BUSINESS PLANNING Business Plans
Frequently used to communicate the business externally – to lenders, investors, partners
Demonstrate the business has a plan and is well managed

12. BUSINESS PLANNING Business Plans
Should be used by farm manager to improve the management of the business
Helps a manager think through:
Where the business is at
Where they want it to go

13. BUSINESS PLANNING Helps Producers Develop a: Strategic Plan
Operations Plan
Marketing Plan
Personnel Plan
Financial Plan

14. BUSINESS PLANNING
Building a Sustainable Business guide and the FINPACK Business Plan:
Include the five planning components
Have considerable content to help with each planning component

16. Building a Sustainable Business Guide
Includes:
A comprehensive discussion of the components of a business plan
Worksheets to help think through your plan

17. Includes:
A standard format to help develop and store your business plan.
Tips or questions to help you think through your plan.
Sample business plans

18. BUSINESS PLANNING In addition, this workshop will provide you:
An instructor’s manual for delivering business planning assistance
A set of power point slides
A video discussing the challenges and benefits of developing a business plan

19. BUSINESS PLANNING
Even with good tools the challenges of time, motivation, and expense remain.
To help address these challenges we are privileged to be able to hear Dave and Florence Minar discuss their experiences with developing a business plan.