These are external indications of unfavorable

(These are external indications of
unfavorable situations leading
business to problems and other
difficulties that will put profits into
risks.)
 Bear in mind these simple rules for successful SWOT analysis.
a. Be realistic about the strengths and weaknesses of your
business when conducting SWOT analysis.
b. SWOT analysis should distinguish between where your business
is today, and where it could be in the future.
c. SWOT should always be specific. Avoid any grey areas.
d. Always apply SWOT in relation to your competition i.e. better
than or worse than your competition.
e. Keep your SWOT short and simple. Avoid complexity and over
analysis
f. SWOT is subjective.

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Activity # 4:
Refer to your SWOT Sheet and make further analysis. This time the
ultimate task is make decision whether to pursue the proposed business
idea or consider other alternative businesses. There are two possible facets
after the final decision will be made. First, pursue the business because the
SWOT reveals more positive indications than negative ones or, second,
disregard the business idea because there are more negative indications.
Consequently, try another business idea and subject it to the same process
of analysis.
Make a presentation of your task and be proud to inspire others that
you now have chosen a viable agri-crop related business idea chosen from
the opportunities obtained from the data generated by the simple
community mapping we did.
Activity #5:
Since you have chosen one viable agri-crop related business idea, it is
just-in-time to develop an impressive Business Plan. Refer to the guide given
below and read the sample business plan provided. Your own plan must not
be limited to a few pages only, as the example is presented. All data and
information must be given in order to come up with a completely sound and
impressive business plan.
THE BUSINESS PLAN
A business plan refers to the intention of aspiring or experienced
entrepreneurs which precisely defines their business, identifies their goals
and objectives, a current and pro forma balance sheet, an income
statement, and a cash flow analysis. A business plan can help so much in
the proper allocation of resources, initially handle and counter forecasted
complications, and make the right decision for the business operations. A
good business plan contributes to the approval or rejection of any loan
package because it provides specific and organized information about your
What to reflect on and understand
Now it’s about time for evaluation as we analyze and discuss the data we gathered from
the presentations of our resource persons.
What to transfer
Why don’t we act like a real farm co nsultants? We shall hand down
the final recommendations to our focus resource person .

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proposed business and how you will repay borrowed money. A business plan
is equivalent to a business resume.