Business Modules

Today we got a lot accomplished. In the morning, we talked a lot about strategic planning. We created a budget for the rest of the summer, trying to anticipate all costs we might have. Then we prioritized them. I also taught them a little bit more about excel. We practiced doing some math to calculate the budget. It really put costs into perspective. They learned how to add, add different boxes, and use the sum formula. While we were creating our budget, which I gave to Irene to write down since Emanueli had some practice already with the finances. We also talked about different business models (donation based, service providers, and those that sell goods) and brainstormed ways SF in Sakina could raise money. Finally, we did a SWOT analysis of Sustain Foundation in Sakina to really demonstrate what resources we have that we should utilize and what things we still need to figure out. Overall it was a very successful morning!