Bee Hive/Honey Business. – However hives produced no honey. • Invested in Bakery and Product Transport. – No loan repayment. • Invested in PoFery Kiln – Kiln blew up on start up. • Invested in village commodity trading. – First small loan repaid, second larger defaulted.
a tourist lodge. • Reality is they wanted access to quality customers. • Were not producing during rainy season. • £500 for rain shelter provided in return for produce. • Transport cost to UK was £1000, however £1500 cash was recovered on sale of product.
• Opportunity to reduce transport cost from £1000 to £200? • Possibility for £800 (50%) variable margin. • Issue with Fair Trade Agent with 30% mark up. • However Transport company gave straight replies and delivered efficient service.
rule your head. • Triple boFom line is only sustainable if the financial boFom line is achieved. • Iden%fy a trustworthy, competent local agent. • Beware of grand plans, they frequently result in grand failure. • Think small un%l people have developed a track record. • Never underes%mate the probability of miscommunica%on and its impact.
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