I. General Information
1. Course Title:
Special Topics - Business Plans
2. Course Prefix & Number:
SCMT 2400
3. Course Credits and Contact Hours:
Credits - Variable: 1-4
4. Course Description:
In this course, the student will write and submit a business plan that includes a vision statement, a mission statement, a cash flow plan and a contingency plan.
5. Placement Tests Required:
| Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
SCMT 2400 - Special Topics - Business Plans
There are no prerequisites for this course.
9. Co-requisite Courses:
SCMT 2400 - Special Topics - Business Plans
There are no corequisites for this course.
II. Transfer and Articulation
1. Course Equivalency - similar course from other regional institutions:
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
Speciality Crops Management, Diploma
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Demonstrate written communication skills |
Compose a vision statement and a mission statement |
| Assess alternative solutions to a problem |
Identify potential problems that could go wrong with their business and possible solutions to those problems |
| Analyze and follow a sequence of operations |
Devise a cash flow plan for the first five years of the business |
| Work as a team member to achieve shared goals |
Assemble job descriptions for each partner in the business |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Select a business name
- Know the purpose of a vision statement, and a mission statement
- Estimate yearly earnings for four years
- Estimate work plans for four years
- Calculate labor needs for each week of growing season
- Assemble job descriptions for each partner in the business
- Choose the best means for selling products
- List possible ways to promote and advertise business
- List equipment needs and costs
- Assess how different equipment will affect long term cash low
- List contingency plans for crop failure
- Estimate cash flow with different yields and crop failures
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Parts of the business plan
- Vision statement
- Mission statement
- Cash flow plan
- Labor and equipment
- Job descriptions for each partner in the business
- Work plan for first four years of business
- Labor needs for each week of the growing and marketing season
- Equipment needs
- Cost of equipment
- Equipment alternatives
- Marketing
- Attracting customers for on-farm sales
- Competing at farmers markets
- Alternatives for wholesale
- Business promotion and advertising
- Sales during peak marketing times and slow marketing times
- Contingency plans
- What to do if there is a crop failure
- Returns for high and low yield years
I. General Information
1. Course Title:
Special Topics - Business Plans
2. Course Prefix & Number:
SCMT 2400
3. Course Credits and Contact Hours:
Credits - Variable: 1-4
4. Course Description:
In this course, the student will write and submit a business plan that includes a vision statement, a mission statement, a cash flow plan and a contingency plan.
5. Placement Tests Required:
| Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
SCMT 2400 - Special Topics - Business Plans
There are no prerequisites for this course.
9. Co-requisite Courses:
SCMT 2400 - Special Topics - Business Plans
There are no corequisites for this course.
II. Transfer and Articulation
1. Course Equivalency - similar course from other regional institutions:
III. Course Purpose
1. Program-Applicable Courses – This course is required for the following program(s):
Speciality Crops Management, Diploma
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Demonstrate written communication skills |
Compose a vision statement and a mission statement |
| Analyze and follow a sequence of operations |
Devise a cash flow plan for the first five years of the business |
| Work as a team member to achieve shared goals |
Assemble job descriptions for each partner in the business |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Select a business name
- Know the purpose of a vision statement, and a mission statement
- Estimate yearly earnings for four years
- Estimate work plans for four years
- Calculate labor needs for each week of growing season
- Assemble job descriptions for each partner in the business
- Choose the best means for selling products
- List possible ways to promote and advertise business
- List equipment needs and costs
- Assess how different equipment will affect long term cash low
- List contingency plans for crop failure
- Estimate cash flow with different yields and crop failures
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Parts of the business plan
- Vision statement
- Mission statement
- Cash flow plan
- Labor and equipment
- Job descriptions for each partner in the business
- Work plan for first four years of business
- Labor needs for each week of the growing and marketing season
- Equipment needs
- Cost of equipment
- Equipment alternatives
- Marketing
- Attracting customers for on-farm sales
- Competing at farmers markets
- Alternatives for wholesale
- Business promotion and advertising
- Sales during peak marketing times and slow marketing times
- Contingency plans
- What to do if there is a crop failure
- Returns for high and low yield years