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Elements of a business plan for a nonprofit organization

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Not so fast! Before you start printing out flyers and soliciting donors, take the time to learn how to write a non-profit business plan that will set you up for success. While that may be true if you rely strictly on grants or donations, non-profits can and do sell goods and services. And a non-profit is still considered a type of business. Businesses can be for-profit entities or non-profit organizations that operate to fulfill a charitable mission or further a social cause. For the latter, for example, you might want to have a more detailed financial section that makes a strong case for your solvency.
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The Complete Guide to Writing a Nonprofit Business Plan

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Nonprofit Business Plan Templates | Smartsheet

Writing a business plan is a major undertaking. One of the most common questions they ask us is:. Your nonprofit business plan will define your goals and help you attract experienced board members, employees and donors. It must be concise and contain a clear and compelling statement of your mission.
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10+ Non-Profit Plan Templates in PDF | Word | Pages | Google Docs

Many of these organizations are hard at work helping people in need and addressing the great issues of our time. There are a variety of challenges behind these sobering statistics. In many cases, a nonprofit can be sunk before it starts due to a lack of a strong nonprofit business plan.
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You can create a business plan for nonprofit organizations using a similar approach to creating any other business plan. Your plan provides structure to define your organization and you need one whether you are a new business, a growing company, or an established firm see how the good folks at Cornerstone University explain the benefits of a business plan no matter what stage you're in. A business plan states your goals Executive Summary , the needs your goals help meet Needs Statement , and a roadmap to achieving them Business Strategy. The document is particularly useful when seeking funding or making a presentation to a funder. Use your business plan to connect the dots between the wonderful work you do and the resources needed to do it.
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