For children ages five to 12 (target market) who are struggling with reading (their need), Tutors Changing Lives (your organization or program name) helps them get up to grade level reading through an once a week class (your solution).Talk about how your program is funded, and whether the costs your clients pay are the same for everyone, or based on income level, or something else.If you’re running an after-school tutoring organization, you might be competing with after school sports programs for clients, even though your organizations have fundamentally different missions.
It’s essential that you run regular of a business plan is typically the first section of the plan to be read, but the last to be written.
This is because this section is a general overview of everything else in the business plan, the overall snapshot of what your vision is for this organization.
Before you secure funding, you want to make sure there’s actually a need for what you’re offering.nonprofits too.
You’re competing with other nonprofits for donor attention and support, and you’re competing with other organizations serving your target population.
In a for-profit business plan, this section would be about marketing and sales strategies.
For nonprofits, in this section, you’re going to talk about how you’re going to reach your target funding sources (donors, foundations) and how you’re going to reach your target client population.
Just going through the planning process with your colleagues will help you take a step back and get some high-level perspective.
Keep in mind that developing a business plan is an ongoing process, it isn’t about writing a physical document that is static, but a continually evolving strategy and action plan as your business progresses over time.
Lay out some of the nuts and bolts about what makes it great.
Your nonprofit probably changes lives, changes your community, or maybe even changes the world. Now that you’ve laid out the problem that your organization solves and how you’re going about it, now it’s time to think about funding.