MODULE 3b

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6. Control and Reflection according to original planning

Your Business Planning has to ask the right questions at the right time, and the control and reflection has to deliver answers about the current situation and outcome of the cooperation:

  • How successful is your cooperation?
  • How successful has it been last year, this year, next year?
  • Do you reach your economic goals and necessities with your cooperation?

To be able to use your Business Plan as a living document and steady compass, it is recommended to keep it simple, and define not too many but concrete and clear values which are measurable, and that you check on a regular basis.

For example the Bank account, the Earnings, the Results, the Cash Flow, the number of customers, the number of business partners of the cooperation.

Be aware, that besides numbers there are further values of an enterprise that can not be counted, but of course can be respected in this control and review.

The main goal of any cooperation is to achieve better results through joint action than by acting alone. The strengths of the partners should be complementary in the cooperation. Ideally, ”every partner does what he does best".

We wish you good luck in cooperating with other entrepreneurs, keeping in mind that there are lot of chances but of course at the same time risks.

The following 2 quotes may guide you through your process and inspire your reflection.

Coming together is a beginning. Keeping together is progress. Working together is success. Henry Ford

The most powerful force ever known on this planet is human cooperation – a force for construction and destruction.

Jonathan Haid

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SELF-ASSESMENT

This questionnaire will allow you to evaluate the competences acquired by studying the module.

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