A well-developed business plan creates a roadmap for your social sector or nonprofit venture and includes detailed analysis on your market, competitors, resource considerations, financials, and risk mitigation plan. The difference between a good nonprofit business plan and a great business plan is market research. Social Impact Architects has a high standard for market research and excels at building strong and sustainable business plans for social sector programs, organizations or social enterprises.
Suzanne (or Social Impact Architects) helped us take our business plan from good to an award-winning plan. Her expertise in scaling programs has truly been game-changing for Friends of the Children.
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No longer regulated to the corporate world, business plans can help nonprofits build a case for support. Plus, they’re similar to grant proposals.
Sometimes the best recipes combine unexpected ingredients. In the social sector, combining business plans and strategic plans can be a powerful tool for success.