Roadwater Community Village Shop

MPC service – Business Planning Consultancy Support

Start date – June 2018

End date – March 2019

Background

The vison for Roadwater Community Village Shop is to create a sustainable and accessible shop and build a community hub to provide an informal environment serving the everyday shopping and social needs for residents and the wider rural community. Their purpose is to enhance the daily life of the village by significantly upgrading and expanding the shop and post office into a vibrant community hub by incorporating additional social space in the form of a café area. The emphasis is on contributing to the local economy and seeking to improve the lives of all who use the facilities, particularly those who face mobility challenges in accessing services outside the immediate area and those who live alone or would, for other reasons, benefit from an opportunity for social interaction.

Key issues

Through a combination of community withdrawable shares, donations and local awards they raised enough funds for the purchase of the freehold to the village shop. The overall project required further funding to extend the building to incorporate a cafe area, completely refurbish, upgrade and repair the property as a whole.

What we did

Miles Phillips Consulting Ltd were successful in obtaining/winning? Reach Funding which paid for the consultancy time to prepare a business plan. Working closely with Roadwater CVS we wrote a business plan that contained robust market research to show a clear evidence of need and competitor analysis for the Community Shop. We developed a social impact reporting process, reviewed potential risks and identified funding sources. ~The business plan that was successful in securing social investment through Somerset Social Enterprise Fund.

Agreed Outcomes – taken from the Reach Fund proposal

1. Full business plan with financial summary

2. Preparation and support for presentation and application to SSEF panel

3. Application to 2 funders for additional grant funding

Additional value?

The business plan gave Roadwater CVS a clear roadmap for the next three years.

Change MPC has made and the impact on the organisation

‘Amongst other help and advice, MPC provided significant support drafting and then helping us pull together a complete and detailed Business Plan in good time for a successful application for social investment. Their help was always friendly, responsive and delivered in an efficient manner.” – Robert RCVS