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While nonprofits aren’t in the business of making money, it’s still important to find out whether your organization stands a chance to make a difference in its market.Social Solutions lays out the process for performing a needs assessment for your nonprofit: 1.
Click the ‘Download Tool’ button to gain access to the word document.
You can also find the same example in the Business Plan Writer, our free online tool that guides you through the process of starting your business.
All of this will provide direction to your organization and build confidence among your donors and lenders.
As I said, your nonprofit business plan is not static and is subject to change, so be sure to keep a digital copy on hand for amendments and goal reassessments.
Whether you’ve decided or not, starting to write a business plan will help you narrow the details and start to assess the viability of your idea.
A business plan will help you to understand costs, outline potential risks, as well as how you’ll manage cash flow for your non-profit.
To help you get started we’ve created a non-profit example business plan for the service industry.
Our example focuses on an organization providing educational services to both consumers and businesses, but it will work as a framework regardless of your non-profit’s area of focus.
Why would a nonprofit organization need a business plan?
Nonprofits are not like your standard business, though there is a lot of debate over whether or not we should treat them as businesses.