Blog Archives

2022 Business Planning

12/13/2021

'Tis the Season... for Business Planning! 2022 should be your best year ever! If you have not started planning for the success of your business, now is a great time to start. Below is a suggested outline and next week, we can focus a little more.

1. Executive Summary

2. Current Situation

3. Vision

Mission Statement
Goals (long range)
Objectives (short/medium range)

4. Management

5. Product / Service Description

6. Market Analysis

Customers
Competition
Opportunities
Risks

7. Marketing Strategy

Personnel
Facilities / Equipment
Pricing & Profitability
Advertising & Promotion
Public Relations
Selling Tactics
Distribution Channels
Business Relationships

8. Production / Manufacturing Strategy

Personnel
Facilities / Equipment
Intellectual Property
Regulation / Compliance
Supply Chain
Business Relationships

9. Administrative Strategy

Personnel
Facilities / Equipment
Management Information
Worker Administration & Benefits
Regulation / Compliance
Business/Professional Relationships

10. Financial Information

Pro Forma Balance Sheets (for 5 years into the future)
Pro Forma Income Statement (for 5 years into the future)
Detailed Budget (for next 12 to 24 months into the future)
Cash Flow Projection (for next 12 to 24 months into the future)
Break Even Analysis (show growth steps, if applicable)
Summary of Existing Resources (people and money)
Potential Sources of Funding

Sustain Generosity Beyond the Holidays

12/6/2021

Amrita Jayakumar Nov 30, 2021 Be smart about holiday generosity - NerdWallet

2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself.

If your finances are in better shape this giving season, you can be more strategic with your dollars. The same issues you felt strongly about last year may not be on your priority list now. Perhaps the reverse is true — you’re more determined than ever to support the causes you care about.

Here are tips on prioritizing causes, supporting them effectively and making room in your wallet for sustained giving.

Your priorities can shape your plan
Write down the two or three causes that matter most to you, whether it’s a global issue like slowing down climate change or something closer to home, like supporting your local animal shelter. This is the start of your giving plan.

A small, regular donation can make a big impact
One powerful way to champion your favorite cause is through small, recurring donations.

How to choose which organization to support
You’ve got your giving plan in hand and know the importance of recurring donations. Now how do you actually choose where to send your money?

Read the full article here: https://www.nerdwallet.com/article/finance/sustained-charitable-giving

From Tom Gosche:

"The Friendly Club,” as the Rotary Club of Schaumburg / Hoffman Estates is known, was founded in 1969 by a dedicated group of local business leaders committed to making their community and the world a better place to live.

The members can be found in your community, as well as, around the globe. Visit the Local Website at www.scherotary.org

The group of over 70 business and community leaders are devoted to the ongoing efforts of Rotary International’s 1.2 million neighbors, friends, and community leaders who come together to create positive, lasting change in local and global communities. Together they have raised millions of dollars used to enrich the lives of youth, families and seniors, through our own efforts and by providing assistance to other charitable organizations.

The member's differing occupations, cultures, and countries give us a unique perspective. Our shared passion for service helps us accomplish the remarkable.

What makes Rotary Club of Schaumburg / Hoffman Estates DIFFERENT? The unique point of view and approach gives distinct advantages:

They see differently: The multidisciplinary perspective helps see challenges in unique ways. 
They think differently. Applying leadership and expertise to social issues—and find unique solutions.
They act responsibly: Members are all volunteers with a passion and perseverance to create lasting change so every dime raised goes toward projects.

March 12, 2022, Rotary Club of Schaumburg Hoffman Estates presents is biggest fundraiser! Here is the link to the website to buy tickets: https://www.betterunite.com/rotaryclubofshe-2022annualrotaryclassic

BRING YOUR LOVE OF MOVIES to the 2022 Rotarian star-studded Classic...Hollywood style!

We're rolling out the RED CARPET for this year's Rotary Classic and YOU'RE INVITED!

The Rotary Club of Schaumburg / Hoffman Estates is committed to selecting projects and activities that will impact senior wellbeing, literacy, and area poverty at all ages. We endeavor to be responsive to the changing needs of our community and to work alongside village officials, community leaders and organizations that share this commitment.

Have a Happy New Year

Happy Holiday Season!

2022 Business Planning

Sustain Generosity Beyond the Holidays

GLM's Blog

Tom Gosche

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