A business plan is the guideline that your non-profit organization must follow to fulfill its mission. It’s crucial to tell the story of your organization, and includes any information potential donors may want be aware of. This article will provide the steps to write a nonprofit’s business plan that includes the sections you’ll need, as well as writing tips for each.

The Executive Summary is the first section of a business plan. It should provide a brief overview of the entire plan. It should describe your vision and objectives for the non-profit and what you’ll do to accomplish them. It should be written in an an engaging and clear way that anyone can understand. Avoid using technical jargon and acronyms. Your audience may not comprehend the terms you use.

Following the executive summary, you must include a need analysis that will outline the problems or opportunities that your non-profit organization will address. This will help you identify and describe your target market that you can use to develop an effective marketing plan. You should also include a description of the items or services that you offer along with their prices and costs. You should also develop an operational plan that will outline the day-today activities of your business. This should encompass everything from outreach and marketing to inventory and equipment requirements.

A financial plan is an essential part of a plan for business for a nonprofit because it shows that your organization can support itself financially. This will be based on your previous financial data, as well as the projections you’ve made. It is also recommended to include a section in the appendix in which you can include any additional documents relevant to your business plan for your nonprofit. This can include things like the current budget for fiscal year, a list of board members and any other vital information that you were not capable of incorporating into the other sections of your plan.

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