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Business Planning for Social Enterprises Presented by, David Derryck davidderryck@gmail.com (C) 212-749-9726. Agenda. Today’s goals How did I get here? Why do I need a business plan? Business Planning 101 Detailed Components of Business Plans Rapid Business Planning Templates Recap

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slide1
Business Planning for Social Enterprises

Presented by, David Derryck

davidderryck@gmail.com

(C) 212-749-9726

agenda
Agenda

Today’s goals

How did I get here?

Why do I need a business plan?

Business Planning 101

Detailed Components of Business Plans

Rapid Business Planning Templates

Recap

Resources

today s goals
Today’s Goals

To look at the core components of business planning

To learn strategic and tactical frameworks for developing business plans that lead to success

we started a social enterprise because
We Started A Social Enterprise Because…
  • Mission driven
  • Contribute to the overall agency budget
    • Key question:
      • Are you operating a program or an enterprise?
      • What is the fundamental difference between the two?
  • Opportunity, opportunity, opportunity
we do not have a business plan because
We Do Not Have A Business Plan Because…

Opportunity, opportunity, opportunity

I’m leveraging an existing program

The business is straightforward

We are already up and running

Planning will only slow us down

We are too small to need a business plan

I don’t have the time to stop and write one

why do i need a business plan
Why Do I Need A Business Plan?

Strategic Reasons

Tactical Reasons

Identify goals

Inventory resources

Analyze business performance

Assess the market environment and the potential

Decide on actions

Implement strategies

Evaluate the plan

  • Explain the business to others in order to inform, motivate & involve.
  • Serve as a framework for decisions or for securing support/approval.
  • Provide a basis for more detailed planning.
  • Assist benchmarking & performance monitoring.
  • Stimulate change and become building block for next plan
business planning 101
Business Planning 101

A business plan is all about

  • Finding your competitive advantage
  • Describing your competitive advantage
  • Refining your competitive advantage

in order to achieve your enterprise goals and objectives.

the usual components of a business plan
The Usual Components of a Business Plan

Business Description

Products and/or Services Offered

Operations

Industry Background and Analysis

Location

Competition

Management

Staffing

Finance

recap
Recap

Where are you in your business planning?

Use the DBL to accurately see the performance of your enterprise with and without grant funding

Use the Brainstorm canvas to capture your “10,000 ft” view

Use the Business model canvas to get you to the “1,000 ft” view

Write the detailed plan and execute against it

resources
Resources

Recommended PDF based on comprehensive business planning for a social enterprise. It is a UK focused organization, but the guide is extremely thoroughand provides a template in the Appendix

http://socialenterprisefund.ca/wp-content/uploads/2010/01/New_BusPlanGuide.pdf

Recommended website based on ease of use and ability to download materials

http://www.redf.org/learn-from-redf/tools

To learn more about business canvases Google:

Lean Canvas

To learn more about legal structures see the PDF:

Using New Hybrid Legal Forms: Three Case Studies, Four Important Questions, and a Bunch of Analysis