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Business plans are used by entrepreneurs to secure funding for their business idea or by small business owners looking to refine their business strategy.
Although you are not trying to make a profit, a financial plan is a crucial part of your business plan. Describe your fundraising plans, and identify gaps in your funding.
Provide a clear explanation of how excess funds will be distributed amongst your various projects.
Nonetheless, a business plan is just as important for a non-profit organization as it is for any profit-making company.
It will guide your growth, show donors and funding sources what you are doing, and demonstrate to the IRS that yours is a legitimate tax-exempt enterprise.
Describe your team and board members’ backgrounds and expertise. Explain the different levels of management, financial sponsors, and other key players.
Draw an organizational chart that shows the different chains of command, and estimate your current and future staffing needs. Summarize your past and future Cash Flow Statements, Balance Sheets, and Income Statements.Your operations plan explains how you will meet the goals detailed earlier in your business plan.Everyday short-term processes are the day to day tasks involved in running your non-profit, from selling products and services to serving your target market’s identified needs.Long-term processes are the ways you will meet your organization’s growth goals, such as expanding into new cities or providing new services.The management team and organizational structure is extremely important for a non-profit.Promotion is how you will get people to buy your products and services and donate to your cause.Customer retention is another important category that explains how you will build loyalty.With Growthink’s Ultimate Non-Profit Business Plan Template you can finish your plan in just 8 hours or less! Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.Click here to see how our professional business plan writers can create your business plan for you.The first page should describe your non-profit’s mission and purpose, summarize your market analysis that proves an identifiable need, and explain how your non-profit will meet that need. This section elaborates on the market analysis that you touched on in the executive summary.This section provides more detailed information on exactly what your non-profit organization does. Explain the issues that made you decide to start a non-profit.