- TypeTraining or Development Class
- Location Nairobi, Kenya
- Date 15-02-2021 - 19-02-2021
Education/Teaching/Training/Development
Research/Science
Finance
Hardware/Software/Networking Services
Agriculture/Agribusiness
FineResults Research Services invites you to training on:
Smallholder Producers Empowerment and Entrepreneurship Development SPEED
DATE: 15th to 19th February 2021
COST: USD 800 Or Ksh 65000
INTRODUCTION
Agriculture is the major source of income and therefore livelihoods to most of the rural communities in Sub Saharan Africa. However, many producers go into production without systematic consideration of which enterprise to engage in, why and how to produce, market and where to access business development services including financial services. A majority of farmers in addition sell their produce and or purchase inputs individually and therefore fails to enjoy the economies of scale that are encountered in group marketing such as access to market information, low marketing costs and access to training which are expensive while accessed individually. This 5 days course aim to equip participants with skills including selection of the most profitable enterprise, development of business plan, group formation and linking farmers to business development services including financial services.
DURATION
5 Days
WHO SHOULD ATTEND?
Members of producer organizations/ cooperatives/ youth groups
Agricultural extension officers,
Research organizations
Non-government organizations
Agriculture support activities and other Development programmes.
LEARNING OBJECTIVES
By the end of the module the participants should be able to:
Understand how to select a suitable enterprise
Learnt how to improve profits.
Appreciate having a business plan for their enterprise
Come up with the strategies to implement the business plan
Learn about group formation
Learn how to link farmers to market and to business development services including financial services
TOPICS TO BE COVERED
Module 1: Enterprise Selection (crop or livestock products)
Introduction to enterprise selection
Marketing
Resources
Capacity
Evaluating the enterprise
Initial start-up cost relative to the ability to generate a profit
Gross profit margin potential
Maintenance requirements
Potential cash flow or profitability relative to expenses and risks
History of success rates among new entrepreneurs
Current supply and demand in the current marketplace
Obvious risks for the new enterprise
Module 2: Improving Production Efficiencies and Profitability
Determining yield potential
Determining enterprise productivity
Cost of Production
Unit Cost of Production
Increasing profitability: Reducing Costs of Production; Increasing Yield; Market at Higher Price
Risk Management
Module 3: Business planning
Overview of a business plan:
Understanding of a business plan, its importance and use
Discuss the components of a business plan.
Discuss with the farmers on qualities of a good business plan, when to write a business plan and who writes it.
Discuss the various Business Planning tools (Visioning, Market mapping, Problem analysis- strengths and weaknesses in the relation to the business, and Pathways analysis)
Wrap up by outlining the components of the business plan, and project a template of a generic business plan
- Reasons for preparing a business plan
- Importance of a business plan
Activity 2: The components of a business plan
• An outline of the business plan
• Quality of a good business plan
• Visioning
• implementation of the business plans
Group work
1. Facilitate the formation of discussion groups depending on commodity/ business type/organization
2. Each group develops a business plan draft for its organization/ commodity/business using canvas business model
3. Each group will then report back to the plenary and each draft will be taken through a peer review process
4. Wrap up the session by reviewing the components of a quality business plan.
Module 4: formation of farmer producer organizations/cooperatives
Group formation/ Collective purchases and selling
Market information
Engaging into formal trading arrangements
Group savings
Financial services
Training and advisory services
Module 5: Linking farmers to markets and service provides including financial institutions
Conducting bulk marketing and purchase
Making your marketing plan
Bulk Marketing Steps and Roles
Setting (and keeping to) Deadlines
Important producer group Documents
Budgeting
Marketing Budget
Business management records
Types of Records
Records for Decision-Making
Savings
Factors Affecting Savings
Forms of Savings
Where to Save
TRAINING CUSTOMIZATION
This training can also be customized for your institution upon request. You can also have it delivered your preferred location. For further inquiries, please contact us through Mobile: +254 759 285 295. You can also email us on: [email protected]
REQUIREMENTS
Participants should be reasonably proficient in English. During the trainings, participants should come with their own laptops.
TRAINING FEE
The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.
ACCOMMODATION
Accommodation is arranged upon request. For reservations contact us through Mobile: +254 759 285 295 or Email: [email protected]
PAYMENT
Payment should be transferred to FineResults Research Services bank account before commencement of training. Send proof of payment through the email: [email protected]
CANCELLATION POLICY
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