Difference between pages "Business Camp" and "Business Plan Development Seminars"

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{{Project
 
{{Project
|project=Business Camp
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|project=Business Plan Development Seminars
|projecttype=Other
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|projecttype=PCPP
|Category=Business
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|country=Panama
|region=Ashanti
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|firstname=A
|country=Ghana
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|lastname=Burr
|firstname=PCV
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|state=Texas
|lastname=Kuwamura
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|communityfunds=$486
|state=Hawaii
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|communitypercentage=25%
|communityfunds=0
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|requestedfunds=$1426
|requestedfunds=0
+
|neededfunds=$1426
|neededfunds=0
+
|projectnumber=525-120
 
|projectyear=2009
 
|projectyear=2009
 
}}
 
}}
This is being adapted from a HIV/AIDS camp that was for primary age students. The camp was for 5 days, but the sessions were for 3 days.
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Business Plan Development (BPD) initiative in Panama is derived from Project Design Management (PDM), a course with a format on how to design a project. BPD is business focused, for ventures seeking profit as opposed to projects where financial benefit is not sought.
  
===Day 1===
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Funding for this project is necessary for execution of 2 seminars that will be held in late June through July of 2009. The seminars will teach the qualitative and quantitative aspects of making a business plan. BPD has a coordinator who acts as resourceful liaison between <span class="plainlinks">[http://goo.gl/LRCVw<span style="color:black;font-weight:normal; text-decoration:none!important;  background:none!important; text-decoration:none;">century 21 broker properti jual beli sewa rumah Indonesia</span>] public and private institutions and volunteers whom have entrepreneurial spirited community counterparts in pursuit of either starting a business or expanding an existing business. Participants will be assisted by Peace Corps Volunteers with computers in typing the necessary information for a participant’s idea/plan.
  
Welcome and introductions
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The second quantitative portion of the seminar will be performed 4 weeks after the qualitative seminar is executed. Participants will be given specific instruction to seek information for the quantitative portion of their business plan. The second seminar for participants will be focused <span class="plainlinks">[http://www.peacecorpswiki.org/Camp_GLOW_South_Africa_2004<span style="color:black;font-weight:normal; text-decoration:none!important;  background:none!important; text-decoration:none;">century 21 broker properti jual beli sewa rumah Indonesia</span>] on creating financial data for their business plans and education on how to present the plan to financial institutions for funding/financing. The BPD coordinator along with CED APCD acts as a consultant to the PCV and his/her counterpart after conduction of the seminars in assistance to realizing funding/financing and providing relevant advice where needed.
 
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“everyone lives by selling something”
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Explain what this session is about, what will happen during your sessions for the week.
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Start by asking questions about what their parents do:
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*What does your father do for a living?
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*Your mother?
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*Answers will probably include farming, trading, sewing, provision stores, etc.
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You get at the point that all their family survive (and prosper for those that are good at what they do) by selling or producing something
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Briefly go over the plan for the next three days:
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*Basic business information
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*Pricing
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*Marketing
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*Opportunity to run their own business
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So what is a business?
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*the practice of making one’s living by engaging in a trade
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There are three types of businesses:
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*Producing and selling items
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**what does it mean to produce something?
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***to make or grow; ask for some examples from students (growing and selling vegetables, making kente and selling it at the market, etc.)
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*Buying and selling items (trading)
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**what are some examples?
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***selling rice or sugar at the market, minerals at the provision store, selling GTP/ATL cloth
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**where do you buy and sell?
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***the market, the provision stores, the street
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*Providing a service to other people
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*what does it mean to service someone?
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**help or do work for someone; ask for some examples (driving a taxi, hairdresser, by day weeding, etc.)
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===Day 2===
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Activity:
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can identify which type of business it is. (ie kente : producing and selling, fanta: buying and selling, etc.)
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Review:
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So what is a business?
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What are the three types?
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Some examples?
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Now will look at Pricing
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So what is Pricing?
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*Pricing means deciding on the price you will charge for your product of service
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So figuring out how much you want to charge for kente or wash someones hair
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'''''Remind them that they will be running a business of their own, so it is very important that they pay attention… if they want to be successful and make money.'''''
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After you price your product or service, what do you need?
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*Customers!!
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**people to buy or use your product or service
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So what is marketing?
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*Getting the customer to come to your product or use your service (convincing people to buy your product/service)
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How can you market your products?
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*Actions when selling: polite, shout, smile, be friendly so people come back
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*Making things nice and orderly: sweeping, stocking your goods in a creative way or nicely, painting and decorating your store, looking clean and presentable
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*Advertisements: eye catching kiosk pictures, information centres, signboards, radio, stickers
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*Logos (symbol that represents your business) ie. Tigo- express yourself, MTN-everywhere you are
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Why should you use marketing?
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*Let people know about your product
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*Sell faster
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*Gain new customers/keep existing ones
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Now they are going to spend the next day preparing for their business, so you can review everything that you just went over and explain about the business they are going to run.  Since they also had sessions about environment, we sold moringa seedling and for fun we also did jolly juice. They could use the information they learned about moringa during their environment session in their sales pitch, etc.
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===Day 3===
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Welcome back to biz
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Review of Day 1:
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*What is a business?
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*Types of business?
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*What is marketing, why is it important? The types of marketing?
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*How did the businesses go? What did you do to sell your products? Did people buy them? Did you have fun?
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Now we want to talk about how things went yesterday, and if you were able to make a profit on your business
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What is income?
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*Any money that comes into a business
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What is expense?
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*Any money that goes out of a business
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How does money come in?
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*By producing and selling
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*By buying and selling
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*By providing a service
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How does money go out?
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*Materials purchased
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*Money spent on services (electricity, transport, etc)
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*Wages to employees
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*Repair/replacement of materials/equipment
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So lets look at our business:
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*What was being sold and at what price
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*What were the expenses
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*How much did we sell
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So now that we know our income and expenses, we can figure out if the business was successful or not
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How can you tell if your business is good?
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*Profit!
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How can you tell if your business is bad?
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*Loss!
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How do you figure out if you made a profit or ran at a loss?
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Money in from sales minus money out for expenses = profit or loss
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Is profit the same as income?
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*No. profit means your business receives more money from sales that you spend on expenses
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Examples
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Gh¢ 10 (money from sales) - Gh¢ 7 (money out for expenses) = Gh¢ 3 PROFIT
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Loss means you spend more money on producing or buying your product/service than you receive by selling it
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Gh¢ 7 (money from sales) - Gh¢ 10 (money out for expenses) = Gh¢ -3 LOSS
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Now lets calculate our profit/loss
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*What was your income?
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*What were some of the expenses?
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*What was the total expense?
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*How do we calculate the profit/loss?
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Final Review:
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*What is a business? What are the three types?
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*Marketing, why?
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*Income/expense
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*Profit/loss
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Keys to a good business:
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*Have unique product or service
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*Market your product or service well
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*Decrease your expenses
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*Reuse profit wisely
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Revision as of 13:01, 26 December 2011


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Info about the Project was named::Business Plan Development Seminars {{#if:Panama||}} {{#if:|[[category:{{{country2}}}_projects]]|}} {{#if:2009||}} {{#if:2009||}} {{#if:|[[category:{{{site}}}]]|}} {{#if:|[[category:{{{site2}}}]]|}} {{#if:|[[category:{{{site3}}}]]|}} {{#if:|[[category:{{{site4}}}]]|}} {{#if:|[[category:{{{affiliateorganization}}}]]|}} {{#if:PCPP||}} {{#if:|[[category:{{{projectsector}}}]]|}} {{#if:|[[category:{{{projectsector2}}}]]|}} {{#if:Texas||}} {{#if:Texas||}} {{#if:|[[category:{{{uscity}}}]]|}} {{#if:||}} {{#if:||}} {{#if:Burr||}}

Business Plan Development (BPD) initiative in Panama is derived from Project Design Management (PDM), a course with a format on how to design a project. BPD is business focused, for ventures seeking profit as opposed to projects where financial benefit is not sought.

Funding for this project is necessary for execution of 2 seminars that will be held in late June through July of 2009. The seminars will teach the qualitative and quantitative aspects of making a business plan. BPD has a coordinator who acts as resourceful liaison between century 21 broker properti jual beli sewa rumah Indonesia public and private institutions and volunteers whom have entrepreneurial spirited community counterparts in pursuit of either starting a business or expanding an existing business. Participants will be assisted by Peace Corps Volunteers with computers in typing the necessary information for a participant’s idea/plan.

The second quantitative portion of the seminar will be performed 4 weeks after the qualitative seminar is executed. Participants will be given specific instruction to seek information for the quantitative portion of their business plan. The second seminar for participants will be focused century 21 broker properti jual beli sewa rumah Indonesia on creating financial data for their business plans and education on how to present the plan to financial institutions for funding/financing. The BPD coordinator along with CED APCD acts as a consultant to the PCV and his/her counterpart after conduction of the seminars in assistance to realizing funding/financing and providing relevant advice where needed.