Saturday, August 6, 2011

Business Plan for Charities

By Scott Michael Ringo


A non profit business plan may be the key to the successfulness of a non profit. Many skip this step when starting a non profit only to come back to it later when the non profit is struggling. The non profit business plan can be vital when starting the non profit and determining its direction and programs, then remain the"map" by which its founders stay focused on its mission and directives. The steps to starting a non profit business plan and the information it contains is not tough to put together. Follow along in this explaination and I will be able to lead you through the steps of creating a dynamic business plan for your non profit.

A non profit business plan, or I like to call it a Yearly Performance Plan is a major step in starting a non profit. I've been involved in multiple businesses where I have spent tiring hours preparing a business outline detailing each part of the business, budgets, comparisons, and more. Only to come back to it just weeks after the business starts and much of it was outdated. It is tricky to foretell the course of a business and particularly a non profit where funds depend on donors. Therefore, I trust and promote that an annual performance plan is a great deal of advanced planning. It gives those running the non profit clear objectives, objectives and detailed organizational actions that will be taken during the year to meet and surpass the organizations objectives. Then at the end of each year you develop a new annual performance plan for the following year.

The Annual Performance Plan is formed by developing goals the non profit will do throughout the year. Then for each goal, develop action steps to accomplish that goal by the end of the year. This can give the non profit's staff and board distinct written out actions steps to accomplish, every one of them in quantifiable terms. Together with each action step, include a time frame in which it should be finished. This may make it easy to determine the progress throughout the year.

By employing a Yearly Performance Plan it's going to be easy to guide and direct the non profit along a suitable course. The way in which I personally develop an Annual Performance Plan keeps it easily changeable and flexible, with minimal wasted time rephrasing massive sections of a business outline. Follow the link in the signature below if you would like to find out more about how I develop Yearly Performance Plans. Boards, management and staff enjoy the Annual Performance Plan as a technique of projecting, measuring and revising the direction, objectives and goals of the non profit.

A non profit's business plan, or a Yearly Performance Plan, keeps a non profit focused on the goals that will guide it to success. While business plans are unwieldy and less flexible, causing many to skip over this step when starting their non profit, a Yearly Performance Plan is a fresh and straightforward approach that makes the planning of the non profit more relevant and usable for everybody.




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