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

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Presentation on theme: "THE BUSINESS OF COMPOST Session 5. Developing a business plan."— Presentation transcript:

1 THE BUSINESS OF COMPOST Session 5

2 Developing a business plan

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

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

5 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

6 Developing a business plan The Lean Canvas - http://leanstack.com/

7 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

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

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