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| Seeking Guidance/advice On Non Profit Business Plans |
Question:
I am preparing to begin a non-profit
organization. Although I have
experience writing business
plans
for regular, for-profit
entities, I am not sure what is expected
from a non-profit
business
plan, and what similarities the two
might have.
Further, although I am familiar with
fundraising as involves seeding a
for-profit
entity, again, I am not sure what
differences to expect in fundraising
for a non-profit
organization.
Any sample non-profit
business
plans,
first hand advice, pointers to other
resources, etc., etc. would be greatly
appreciated.
Answer:
Not too many differences you'll agree
as I invite you to be my guest and
review "fund-raising-ready"
affirmations in an article on my website:
"Check Out Your Organization's
Fund-Raising Readiness And Learn The
Secret Of Fund-Raising Success"
Since you are preparing to begin a
non-profit
organization, it would be helpful
to know now what elements must be
at work to raise funds for its support
--- at start up and for the future.
I am preparing to begin a non-profit
organization. Although I have
- experience writing business
plans
for regular, for-profit
entities, I am - not sure what is
expected from a non-profit
business
plan, and what - similarities the
two might have. Nonprofit strategies/business
plans
are much more customer/client focused.
Whereas a for-profit
business
plan deals with how to move as much
product/generate as much revenue as
possible, a nonprofit business
plan will focus on how to serve as
many people within the mission of
the organization, with as much quality
as possible. That isn't to say a nonprofit
business
plan *can't* include strategies for
generating revenue, however.
- Further, although I am familiar
with fundraising as involves seeding
a - for-profit entity, again, I am
not sure what differences to expect
in - fundraising for a non-profit
organization. I think of fundraising
as asking for investments in an organization
as well. Instead of the "investor/donor"
getting a financial return on their
investment, however, they get an impact
on the community, per the organization's
mission. Recognition of donors is
great -- recognition on a plaque in
the doorway, etc. -- but the primary
reason for a donor to invest in your
organization is because that person/company
believes in your mission and wants
to make a difference.
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