Agribusiness Academy  Agricompany Business Plan Top 10 Short Terms Goals 

Study Module 3: Top 10 Short-Term Goals

Study the following top ten short-term goals.

Priority List

The list of priorities to take care of business for every entrepreneur is the following:

  • USD/EURO bank account in Suriname (optionally also a bank account in the Netherlands, Belgium, or the US)
  • KKF registration (optionally also a foreign Chamber of Commerce registration, so that you can also qualify for subsidies in those foreign countries)
  • Company location and a clear address (preferably with house number)
  • Website/webshop (preferably in English and in Dutch) - your products and services, markets, target groups, and current customers should be on it.
  • Activity planning for the past 9 months and for the next 3 months. (write down what went wrong, what your challenges were, and how you solved them)
  • If your company is older than 1 year, make sure you have an annual report (with profit/loss overview, etc..)
  • Make sure you update your business plan every month, and make sure that your business plan states how you can potentially reach a revenue of 1 million euros in 3 to 5 years. Make sure your business plan includes an activity plan and a team description.
  • Make sure you have a LinkedIn account and connect with people from your business
  • A Facebook, Twitter, and YouTube page are also recommended. But your own website and a LinkedIn account are more important / yield more money
  • Take note of the Embassy page website www.embassypages.com and use the information on it to establish contacts with business associations and industry associations abroad.
  • Make sure you always have a monthly updated list of 100 prospects (potential customers). For example: 10 prospects per country across 10 different countries. Divide your prospects into ten different target groups. All this helps you achieve product-market fit.
  • Make sure you always have a few boxes with product samples that you can show to potential customers (who happen to be in the country on a trade mission)
  • Build your team every day. Find new people with additional competencies and train those who need to develop theirs.

Why are these things important?

The above-mentioned matters are important to realize as quickly as possible, because they greatly increase your reliability towards the market, customers, potential investors, partners, and suppliers, and increase the continuity of your company.

The items above are, of course, more than 10, but the 10 most important are certainly among them.