$20.00 – $159.00
Many nonprofits are unsure about the role of a business plan, how it differs from a strategic plan and why both are needed for a resilient, sustainable organization. Business planning is the essential pathway to organizational decision-making. No organization should ever consider additions or substantial changes to programs and activities without first creating a business plan that aligns organizational strategy with human, financial, marketing and other necessary resources.
Through this process, you address key questions like fee structure, potential donor appeal, target audiences, core competencies, and other essentials that must be considered before you go forward if you want your plans to be sustainable. It’s how you connect the dots between mission and strategic plan and your programs, identifying the specific resources required to deliver and establishing performance measures to determine if the desired results are achieved. If you’ve been ignoring business planning because it isn’t clear to you, this class will make you understand the essential differences between strategic planning and business planning and why each has an essential role in your organization.
Your business plan serves as your organization’s action plan, identifying the tasks, milestones, goals, potential for success and possible internal and external risks. Can you expand this program which was identified in your strategic plan as needing to serve additional clients? What do we need to do to make that happen? Via the business planning process, you will you address these questions specifically determining the business and financial model that will enable you to sustain a program. By determining key issues like fee structures, donor appeal, social enterprise possibilities, etc., you can realistically develop the strategies that get you to your objectives. That’s business planning.
Working on an actual case study, you will develop an understanding of the concept of business planning and how it relates to other types of planning. You’ll acquire practical tools for analyzing your current program mix and evaluating the financial and marketing implications for new ventures.
Special offer on Business Planning and Strategic Planning classes: Take both and save $25. Use Promo Code: PLANNING
Register for Strategic Planning on 12/14/17 here
Register for Strategic Planning on 4/11/18 here