Development of a sustainable business model development for Biblionef Ghana
Date
2018-04
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Abstract
Biblionef Ghana is a non-governmental organisation that provides new story books to
underprivileged schools and holds other activities that aid in getting children to love reading.
Biblionef Ghana is however being weaned off by their parent organisation, Biblionef
Netherlands, and has therefore had a reduction in the amount of funds that they are receiving
from them. Due to this, Biblionef Ghana has had to halt some of their important projects as
they are facing difficulty with fundraising and have insufficient funds to handle those
projects.
Mainly qualitative research was emplored, with interviews and observations as data
collection tools. It was discovered that Biblionef Ghana has poor publicity, is short staffed,
and has an underperforming library. A needs assessment was carried out and it was gathered
that the development of an appropriate business model is what Biblionef Ghana needs to
become self-sustaining.
Literature provided that for an NGO to become sustainable, it should fix its funding model,
diversify its sources of income, and have more skilled workers. It proved that what Biblionef
Ghana truly needs is a sustainable business model because a business model shows how an
organisation can make and sustain its profit stream.
Using a business model canvas, a business model depicting the current state of Biblionef
Ghana was designed in order to derive a more appropriate, sustainable business model for the
company. This business model was designed in such a way that will help the company
become more income generating, have lower costs and provide greater publicity for the
business, thereby ensuring sustainability. An implementation plan and recommendations
were provided thereafter.
Description
Applied project submitted to the Department of Business Administration, Ashesi University, in partial fulfillment of Bachelor of Science degree in Business Administration, April 2018
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Applied project
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Keywords
Biblionef Ghana, NGO, business model