As your state nonprofit association, we are here to provide resources to strengthen your organization.
As your state nonprofit association, we are here to provide resources to strengthen your organization.
A sound business model is the basis of a business plan. Nonprofits are businesses with a triple bottom line: mission, money and community. Well-written business plans explore all the components of nonprofit sustainability as outlined in the Foraker Nonprofit Sustainability Model, including funding. It also pays specific attention to mission-related earned income. Business planning is essential when your organization is contemplating a new or enhanced program, exploring a capital expansion, experiencing a change in executive leadership, or just getting off the ground.
This guide outlines the basic components of a business plan. Please contact us for help in developing your plan.