aim develop business models, to solve a perceive social complexity objectives: identify need within...
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Initiating and sustaining community development work
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AimDevelop business models, to solve a perceive
social complexity
Objectives:Identify need within the communityDefine a possible social entrepreneurial modelInterpret how this model can be analysed using
the business planning pro-former
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Define the project:
“Start with a cogent and concise one sentence statement of the business idea. A sentence that is so clear and appealing that the reader can immediately visualise or see the business”.
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Short term impact:Increase social activity for social usersSkill development
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Long term impact:Movement into less supported living?Qualifications?Generate funding to pay for other services?
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Project summary
What’s the potential scale of this business? Is the idea really sound? How strong is the team? What’s the risk and return?
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HistoryThe short history section should answer the question: where are we now and what have we already achieved?
This could include a description of the service already offered.
This can be secured accurately from the website!
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Product or ServiceAims and objectives of the project:What is the project hoping to achieve?Who will they be working with?What are the steps will you take to get there?What it will be used for?What makes your project unique or
distinctive advantages?What could go wrong with the project?
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Market and competitors?Who is delivering what and where?How is your product / service different from
theirs?You will need to carryout internet based
research to investigate what is out there.You show good qualitative (descriptive)
understanding of how the market works, what your customers want, how you can reach them and what adjustments they may have to make to support your product or service.
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Reaching the marketHow will you price your product?What will it cost you? How will you promote the product? Word of mouthFlyersWebsiteSpecial events
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Production and operationsWhat resources will you need?How will you monitor the effectiveness of the
product?
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ManagementHow much experience have they got?Do they have track record for delivering? What have they delivered already?What skills and qualities will your staff need?
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Finance – Don’t get too detailed! Fundraising strategies:Grants from the government?Self funding?Private funding? Research and identify sources of potential
fundingAttendance at the centre will generate funding,
therefore you should focus this section numbers of people using the service
How much money do they currently make? - look on charity commission website.
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Video ClipThe principle of social enterprises
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Risks and returnRisk:Lack of sales return – no increase in attendance
Return:What new opportunities could arise? Increase in attendance at centre, money generated, more services for community.
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ActivityProduct design activity
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Group Presentations
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Offsite tripWe will leave at 1:00 – meet at the class roomWear appropriate clothing – waterproofs and
suitable shoesPlease complete the over 18s consent formWe return by 3:15The cost of the trip will be £2.50 – we will pay
on entry to the centre