Standing Beside Alaska's Non-Profits

Classes & Series  |  Management

Business Planning for Nonprofits

Not too long ago, nonprofits did not commonly write business plans.  Fortunately, that trend is changing, and The Foraker Group strongly encourages every organization to draft a business plan in conjunction with their strategic plans.  Both are critical guides for nonprofits seeking to become sustainable.  The benefits of the business plan include:   

  • Creating an overall planning process to implement the strategic direction
  • Addressing how specific programs contribute to the financial health of the organization
  • Identifying where funding strengths can help mitigate weaknesses
  • Analyzing the marketplace and determining the organization's best position based on its unique values

In this workshop you will learn:

  • What a business plan is and how it fits into the overall planning process for your organization
  • Why organizations need to write business plans
  • How business planning in the nonprofit sector differs from business planning in the for-profit sector, and how the process is similar
  • The background thinking that needs to go into developing a business plan
  • The basic elements of an effective business plan for a nonprofit
  • How to gather the information you need for a business plan
  • How to write an effective plan

When you have completed this class, you will know how to start your business plan and how you can use it to enhance all parts of your organization's management, including your relationship with funders.


Partner Price:


No events dates are currently scheduled. To request an event date or to speak with a trainer, please contact us.