Sustainable Business Plan for Thompson Seniors Centre

Open
Coordinator
(1)
3
Project
Academic experience
100 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Project management Financial modeling Community engagement Fundraising
Skills
revenue stream strategic management sustainable business business planning preparing executive summaries risk analysis financial forecasting mitigation
Details

Thompson Seniors Community Resource Council Inc. aims to establish a dedicated seniors centre to better serve the aging population in the community. The primary goal of this project is to create a comprehensive business plan that will be used to apply for funding. The business plan must include a detailed revenue stream strategy to offset operational costs, ensuring financial sustainability. Additionally, the plan should account for inflationary costs and avoid reliance on any single revenue stream. This project will allow learners to apply their classroom knowledge in business planning, financial forecasting, and strategic management to a real-world scenario, providing a valuable learning experience.

Deliverables

- A comprehensive business plan document.


- Detailed revenue stream strategy, including multiple sources of income.


- Financial projections that account for inflationary costs.


- Risk assessment and mitigation strategies to ensure financial stability.


- Executive summary for funding applications.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company
Thompson, Manitoba, Canada
2 - 10 employees
Non-profit, philanthropic & civil society

We were incorporated in 1996 as a charitable organization.

Our mission is to identify the needs of seniors and elders in the city of Thompson, respond to those needs, and to help establish a safe and supportive environment for the seniors and elders who reside in the community of Thompson.

In reality, much of the work we do benefits seniors and elders throughout the region.