Business Planning
Are business plans dead? Yes and no. 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. For the organization, it forces discipline around your venture story and reduces ambiguity. For the funder, it instills confidence that every detail has been considered. Yet, not every business plan is equal. They can come in many formats depending on your needs and the audience – a pitch, a prospectus or a business model canvas. At Social Impact Architects, we build strong and sustainable business plans for social sector programs, organizations or social enterprises.
Social Impact Architects helped us take our business plan from good to an award-winning plan. Suzanne’s expertise in scaling programs has truly been game-changing for Friends of the Children.
Read More on Business Planning
No longer relegated to the corporate world, business plans can help nonprofits build a strong case for support. Plus, they’ll feel familiar because 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.
Business plans have you stumped? Simplify the process with our tips on how to write a solid nonprofit business plan.
Learn about the social business model canvas – a widely used framework helping nonprofits and entrepreneurs refine new business ideas without the need for expensive business plans.
