SOCIAL ENTREPRENEURSHIP
MNGT 4221
Dr. Korovyakovskaya
Social Entrepreneurship Community-Based Learning Project
Instructions
This project will help you understand through research and practice how a social business operates. The goal is to research on your chosen company’s operations to better understand their operations as a future social entrepreneur and company founder/owner. You might want to even experience working for them as volunteer.
The following are the steps for competing your work:
- Select a company of your choice. Please visit one or several websites listed below or any local social entrepreneurship organization of your choice:
Savannah Area Chamber Non-Profit List at: https://www.savannahchamber.com/membership/member-directory/family-community-and-civic-organizations/non-profit/.
Social Entrepreneurship Organizations list at http://socialearth.org/company-list, or
Social Entrepreneurship Resources List at https://olc.worldbank.org/sites/default/files/Social%20Entreprenership%20Resources.pdf
or a list of a student’s choice
- Thoroughly research on all aspects of operations of the company, starting from vision and mission to fundraising and marketing, and financial plan. Fill out the following sections of a business plan for social entrepreneurship with information available on your chosen company’s website and other publicly available online resources. Submit your Project to DropBox.
E-mail me to [email protected] if you have any questions or need any help. Please write your class credentials (MNGT 4221) in the e-mail Subject.
1.0 Executive Summary
- Mission Statement
- Vision Statement
- Keys to Success (Core competencies/competitive advantages/key advantages)
2.0 Company Summary
- Company Ownership and Legal Structure
- Start-Up Summary
- Start-Up Requirements
- Start-Up Funding
- Location and Facilities
3.0 Management Summary/ The Team
- Management
- Board
- Advisors
- Donors
- Personnel
- Positions
- Position Descriptions
4.0 Market and Industry Analysis
- Industry Analysis
- Competition and Buying Patterns
- Distribution Patterns
- Main Competitors
- Market Analysis
- Market Segmentation
- Market Trends
- Market Needs
- Market Growth
3) Expected Position and Share in the Target Market
5.0 Marketing and Fundraising
- Fundraising targets and strategies
- Marketing Strategies
- Target market (Potential Customers)
- Profiles of individuals who will receive services
- Summary data on the target market (number of potential clients, client demographics, etc.)
- Advertising and Promotion
- Media used
- Media costs
- Plans for generating publicity
- Pricing
- Cost structure (Fixed, Variable)
- Desired image in the market
- Comparison against competitors’ prices
- Distribution
- Distribution channels used
- Sales techniques and incentives
6.0 Products
- Product Mix and Product Description
- Competitive Comparison
- Sourcing/Suppliers
- Technology
7.0 Business Strategies
- Desired Image and Position in the Market
- SWOT analysis
- Strengths
- Weaknesses
- Opportunities
- Threats
- Competitive Strategy
- Cost Leadership
- Differentiation
- Focus
Plan of Operation
- Location
- Traffic count
- Lease/rent rates
- Labor needs and supply
- Wage rates
- Layout
- Size requirements
- Ergonomic issues
8.0 Risk Assessment
- Financial Risk
- Legal Risk
- Environmental Risk
- Political and governmental risk
- Economic risk
- Demographic risk
- Other Risks
9.0 Financial Plan
- Important Assumptions
- Key Financial Indicators
- Projected Income Statements
- Projected Cash Flow
- Projected Balance Sheet
- Exit Strategies
10.0 Appendices
- Financial statements
- Resumes
- Organizational charts
- Market research documents
- Other