Where to Find a Business Plan Growthink. In addition to that, it has helpful tools and know-how for managing your business. Cayenne Consulting — good resource for business entrepreneurs including a start-up valuation calculator, resource directory, and a very popular blog for entrepreneurs.
Non-profit Strategic Plan Executive Summary As the heading implies it is a summary of the entire plan and is prepared after the complete plan document has been drawn up. It gives stake-holders, advisors and staff brief information of what the organization is currently doing and what it is up-to in the coming period.
It sets the boundaries within which employees can decide and act towards achieving results and also informs third parties like investors, vendors, customers and clients dealing with the organization what the NPO expects from them.
Values As a non-profit organization, a NPO has to approach government and non-government entities for aid and donations to fund their activities and also approach the community for support to their service. Such entities would donate and support only if the NPO has a strong goodwill and reputed name.
To ensure this, any non-profit organization has to have a work culture based on good values, which are listed as part of the strategic plan to remind all internal staff and external stakeholders the values recognized and adhered by the NPO.
Values respected by a typical NPO would include qualities such as integrity, trustworthiness, honesty, transparency, team work and accountability. Campaigning the Cause Marketing. The NPO has to sell its laudable cause, purpose and the change it wants to bring about through its service to governments, foundations, philanthropic entities and individuals to obtain grants and raise funds.
In a for-profit organization, marketing function brings in the revenues for the organization without which the organization will not survive. Similar to any marketing activity, the NPO should plan its campaign non-profit business plan outline conveying its message to such entities and convincing them to make grants in its favor.
This section details exhaustively everything a NPO has to do to raise the targeted funds, leaving no stone unturned, including the message, whom to approach, how to approach and grant seeking methodologies. When the plan period is 3 to 5 years, long term goals can be broken down to annual goals under the SMART rule and any shortcoming in one year can be made good in the subsequent plan year.
At this section, list all the goals and targets to be achieved by the NPO. It informs everyone in the organization what the NPO is planning to achieve in the current plan period and in the period immediately following.
Key Performance Indicators To deploy resources efficiently, the strategic plan identifies and sets benchmarks as key performance indicators that would be used to measure and show how efficiently the NPO activities have been conducted during the plan period. As the very name implies, Key Performance Indicator KPI is a measure that tells how efficiently a key activity has been performed.
Key activities that determine the success of an organization are listed and measured periodically to find how efficiently the organization is functioning. Human Resources The strategic plan has to detail existing human resources, additional manpower needed to execute targets set, training needs of staff, authority and accountability in performing various tasks and empowerment to take decisions in right time.
The plan should also clearly define the organization hierarchy such that operational issues are properly escalated and solved in right time without wastage of resources.
The SWOT Analysis includes not only listing of strengths, weaknesses, opportunities and threats but also how they are going to be managed.
The NPO should plan how it is going to use its strengths to increase its activities in raising more funds to serve more beneficiaries, how it is going to overcome its weaknesses, how it is going to use opportunities to expand its activities and what steps it is going to take to meet a threat. Risk Analysis Most of the activities of a NPO are dependent on environmental or outside factors beyond the control of the NPO, having an inbuilt element of risk while being performed.
Hence a NPO having defined its goals and targets should identify possible risks that may arise while executing the strategic plan to achieve the goals.
After listing the risks, a NPO should detail how it is going to avoid and manage the risk if it occurs. Financial Projections The strategic plan is to be quantified to monitor performance and evaluate results achieved.
A Financial Projection of revenues and expenses is to be drawn up for the current period and the plan period. Generally it is a three year period for which projections are made to be as realistic as possible.
For the immediate current period the annual plan is broken down in to monthly or quarterly plan for effective monitoring of actual performance and timely correction of deviations. In a NPO where profit is not the motive, Financial Projections fix expense budgets to be within allocated resources for various activities.
A NPO Financial Projection also forecasts grants to be received and funds to be raised during the plan period.Need to know how to write a business plan? This article explains how to outline a business plan, listing the sections in the order in which they will appear in your completed plan with a brief explanation of each section to help you get organized and guide you through the process.
Are you looking to start a non-profit? We’ve created an example business plan to help provide guidance to get it up and running. A non-profit organization has demands and goals quite unlike most regular businesses use Plan timberdesignmag.com their uniquely humanitarian outlook, they require a specific set of tools to fit in their non-profit financial statements, their non-profit business plan outlines, etc.
Helping Hand nonprofit food bank business plan executive summary. Helping Hand is a non-profit organization working to alleviate hunger by collecting food for distribution to needy families.
That's why these sample business plans for nonprofit organizations and social enterprise businesses can help you get started on the right foot. These, and hundreds more sample business plans, are included in LivePlan.
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