Business Planning

Nonprofits have a lot in common with a business, and managers of both must understand and follow a lot of the same practices. One of those is to have a business plan.

ACK carries out  feasibility and community consultations in order to provide an up-to-date evaluation of the current provision and the lessons learned, outcomes achieved and the impacts.

The feasibility and community consultation will identify potential gaps in provision and establish a need for such gaps to be provided or accommodated in the business plan.

You will need a business plan for your nonprofit to show to donors/foundations or grant making trusts that may fund you, to potential board members so they know what they are getting into, and the plan can serve as a compass for your organisation so that you don't get off track.

A business plan is a living document and can grow and change as your organisation grows, becomes more sophisticated and takes on additional challenges.

 

 

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