The DA-Philippine Carabao Center (DA-PCC) recently organized a Business Talk (BizTalk) for its assisted cooperatives managing Dairy Boxes and Processing and Marketing Outlets, aiming to help them maximize the potential of their carabao-based businesses for increased profitability.
The learning event, held from January 15 to 19, aimed to foster knowledge-sharing by providing insights into various aspects of business literacy and marketing strategies in the dairy value chain.
Representatives from 56 DA-PCC-assisted cooperatives nationwide participated in the activity, geared towards enhancing their ability to make rational financial and investment decisions for sustainable business growth.
During the event, participants had the opportunity to learn and understand the fundamentals of business, including its nature, objectives, and general role. Additionally, strategies for asset management, such as cash handling, accounts receivable tracking, and inventory management, were discussed in detail to equip them with practical skills for effective business operations.
Participants also learned to measure the financial performance of their businesses using metrics such as Return on Investment (ROI) and other key parameters, as well as calculate the breakeven point. Moreover, they gained knowledge and techniques related to product costing and pricing, enabling them to navigate these critical aspects of their operations with confidence.
The activity was organized by DA-PCC’s Monitoring and Business Planning Support Section under its Planning and Information Management Division.
