Future B Plan
Future B Plan
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Content:
Duration: 30 minutes
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Content:
Quote:
"Entrepreneurship is living a few years of your life like most people won’t,
so that you can spend the rest of your life like most people can’t."
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Content:
Content:
Tip: The best business ideas solve problems or improve existing solutions.
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3. What skills or resources do you already have that could be turned into a
business?
4. Can you think of any trends or new ideas that could work in your
community?
5. How can your business idea create jobs or solve social problems?
Instructions:
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Content:
Quote:
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Content:
1. Executive Summary
2. Business Description
3. Market Analysis
Break-even analysis.
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Instructions:
2. Group Presentation:
Each participant will present their draft business plan to the class.
Slide 8: Activity – Draft a Basic Business Plan Outline (Sample)
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1. Executive Summary:
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Competitors:
Initial Budget:
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Content:
Quote:
"A business that doesn't manage its finances is like a ship without a
compass."
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1. Budgeting:
Positive cash flow means you have more money coming in than going out.
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Slide 11: Activity – Create a Simple Budget and Cash Flow Statement
Instructions:
Create a cash flow statement showing money coming in and going out.
Sample Scenario:
Business Idea: Selling organic fruits and vegetables in the local market.
Expected Expenses:
Rent: $300
Supplies: $200
Marketing: $100
Miscellaneous: $50
Duration: 45 Minutes
Content:
Quote:
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3. Sales Techniques:
Instructions:
Include:
Products/Services Offered
Key Benefits
Contact Information
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Products/Services Offered:
Soil Testing – Personalized soil analysis to determine the best fertilizer mix
for your farm.
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Key Benefits:
Increased Crop Yields – Improve productivity with eco-friendly, cost-
effective fertilizers.
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Contact Information:
Phone: +123-456-7890
Email: info@greenagrosolutions.com
Website: www.greenagrosolutions.com
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Content:
Quote:
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3. Tax Obligations:
Register for Tax Identification Number (TIN): Required for tax purposes.
Value Added Tax (VAT): If applicable, you need to register for VAT if your
business meets the threshold.
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Tax registration
2. Participants should review the checklist and determine which steps they
need to take to start their business legally.
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Required Documents:
Proof of address
Additional Notes: Ensure the name is unique and not already in use.
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Action Needed: Obtain the necessary licenses and permits for your
business type.
Common Licenses/Permits:
Operating license
Health permits (for food-related businesses)
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3. Tax Registration:
Required Documents:
Additional Notes: Understand your VAT obligations and income tax rates.
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4. Insurance Options (If Applicable):
Property insurance
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Activity Instructions:
1. Review the checklist and identify which steps are relevant for your
business.
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Duration: 45 Minutes
Content:
Quote:
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Slide 19: Key Components of Business Operations and Management
Managing daily tasks and activities that keep the business running
smoothly.
Creating systems and processes for routine tasks (e.g., order processing,
customer service).
2. Inventory Management:
Tracking inventory levels to ensure you have the right products available
at the right time.
3. Quality Control:
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Instructions:
Step 2: Outline the sequence of tasks for each operation (e.g., receiving
orders, processing payments, shipping products).
Step 3: Assign roles and responsibilities for each task (e.g., who handles
customer inquiries, who manages inventory).
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1. Production:
2. Customer Service:
4. Order Fulfillment:
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1. Production:
2. Customer Service:
3. Inventory Management:
Manages stock levels, places orders for materials, and updates inventory
records.
4. Order Fulfillment:
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Duration: 30 Minutes
Content:
Quote:
"Risk comes from not knowing what you're doing." — Warren Buffett
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2. Mitigation Strategies:
Legal Risk: Stay updated on laws, consult with legal experts, maintain
proper documentation.
3. Crisis Management:
Recovery Process: Plan steps to recover and rebuild after a crisis (e.g.,
financial support, reputation management).
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Instructions:
3. Discussion:
After completing the analysis, discuss how participants can leverage their
strengths and opportunities to address weaknesses and threats.
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Strengths:
Weaknesses:
Opportunities:
Threats:
What external challenges could harm your business?
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2. Activity Instructions:
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3. Discussion:
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Strengths:
Weaknesses:
Opportunities:
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Duration: 30 Minutes
Content:
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Instructions:
1. Role-Play Activity:
One participant will play the role of the customer and the other will play
the role of the business owner or customer service representative.
3. Debrief:
After the role-play, ask the group to provide feedback on what worked well
and what could be improved in handling the complaints.
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Instructions for Role-Play Activity:
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1. Role-Play Activity:
One participant will play the role of the customer, and the other will play
the role of the business owner or customer service representative.
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Scenario 1:
Customer: You are unhappy with the product you received (e.g., a
defective or incorrect item). You are demanding a refund or replacement.
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Scenario 2:
Customer: You are dissatisfied with a delayed delivery of your order and
are frustrated.
Business Owner: Apologize for the delay, explain the reason (if
applicable), and offer a solution, such as expedited shipping or a discount
on the next order.
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Offer a practical solution and ask how the customer would like the issue to
be resolved.
As the Customer:
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3. Debrief:
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1. Role-Play Activity:
One participant will play the role of the customer, and the other will play
the role of the business owner or customer service representative.
---
Scenario 1:
Customer: You are unhappy with the product you received (e.g., a
defective or incorrect item). You are demanding a refund or replacement.
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Scenario 2:
Customer: You are dissatisfied with a delayed delivery of your order and
are frustrated.
Business Owner: Apologize for the delay, explain the reason (if
applicable), and offer a solution, such as expedited shipping or a discount
on the next order.
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Offer a practical solution and ask how the customer would like the issue to
be resolved.
As the Customer:
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3. Debrief:
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Objective:
Content:
Quote:
"The internet is becoming the town square for the global village of
tomorrow." — Bill Gates
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Popular Platforms:
Best Practices:
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Importance of a Website:
Key Features:
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Popular Systems:
PayPal, Stripe, Square, local mobile payment apps (e.g., M-Pesa, Paytm).
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Instructions:
Create a profile using your business name, logo, and a short description of
your products/services.
2. Engagement Tips:
Discuss how they can use these platforms to promote their business.
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2. Engagement Tips:
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Discussion:
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Duration: 45 Minutes
Content:
Quote:
"The key to sustainable growth is adaptability and innovation." —
Unknown
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What is scaling?
How to scale:
Why diversify?
Reduces risk by tapping into different revenue streams.
How to diversify:
3. Building Partnerships:
Types of partnerships:
Scaling: How do you plan to expand your business this year? (e.g., new
products, services, markets)
2. Plan Breakdown:
Objective: Clearly define the key goals for your business growth in the
next year.
Action Steps: Outline specific actions you will take to achieve these goals.
Ask participants to share their growth plans and discuss how they will
monitor and measure their progress.
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Scaling:
Partnerships:
What potential partnerships can you form to help your business grow?
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2. Plan Breakdown:
Objective:
Clearly define the key goals for your business growth over the next year.
Examples: Increase sales by 20%, expand into a new region, launch a new
product line.
Action Steps:
Outline the specific actions you will take to achieve these goals.
Timeline:
Break down your growth plan into quarterly or monthly milestones to track
progress.
Example:
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4. Interpret profit and loss statements – Learn how to read and use profit
and loss statements to assess business performance, make informed
decisions, and plan for future growth.
This session aims to empower new entrepreneurs with the tools and
knowledge needed to maintain financial health, avoid cash flow issues,
and make sound financial decisions for their business's success.
1. Understand their target market – Learn how to identify and define their
ideal customers, segment the market, and tailor marketing strategies to
meet their customers’ needs.
2. Know about necessary licenses and permits – Gain knowledge about the
licenses, permits, and certifications required to operate their specific type
of business legally.
The objective of this module is to provide participants with the skills and
knowledge necessary to identify, assess, and manage risks within their
business. By the end of this section, participants will:
The objective of this module is to equip participants with the skills and
techniques necessary to provide exceptional customer service, fostering
customer loyalty and satisfaction. By the end of this section, participants
will:
2. Leverage social media for business growth – Gain skills in using social
media platforms (e.g., Facebook, Instagram, LinkedIn) to promote their
business, build brand awareness, and engage with customers.
4. Build strategic partnerships for growth – Gain insights into how forming
partnerships with other businesses, suppliers, or organizations can
enhance growth and open new business opportunities.
This session aims to equip entrepreneurs with the tools and strategies to
ensure their businesses are not only profitable but also able to adapt and
thrive in the long term.
1. Teach new entrepreneurs the key skills needed to start and run a
successful business.
3. Provide tools for making smart business decisions and managing risks.