Z&B Consulting
  • Services
    • Consulting
    • ECOURSE
    • New Years Deals
    • Speaking & Training
    • Events >
      • Living Room Sessions
    • Merchandise >
      • Book
  • About
    • Testimonials
    • Why Z&B
  • Blog
  • Online Academy

MICHELLE'S
​ MORSELS

Business Planning for Nonprofits: 3 Tips You Can Use to Create a Better Nonprofit

9/21/2021

2 Comments

 
​Many people assume that because an organization is called a “nonprofit”, it doesn’t have to worry about a business plan, but that could not be further from the truth. While a nonprofit is structured differently than for-profit companies, especially when it comes to their finances, nonprofits still face many of the same challenges as other companies, including staffing and marketing.
​Having said that, there are also some key differences between business planning for nonprofits and business planning for a for-profit organization. So, whether you’ve just started your nonprofit or you’re thinking of starting one, here are some tips you can use to start business planning for your nonprofit.

Set Your Priorities

Picture
There’s a reason most companies write out a mission statement and/or vision statement for their company very early on in the process of starting and running their company. It’s because that mission statement/vision statement serves as a kind of compass, directing every effort the company makes from that point forward.
​A key part of this is identifying your priorities. Why did you start your nonprofit organization? What are you hoping to achieve through business planning for your nonprofit organization? Once you understand your priorities, every other business decision you make for your nonprofit organization will be that much easier.

​Set Up Your Systems and Processes

​If you’re just starting out, you need to identify and implement the best systems and processes to keep your nonprofit running smoothly. This includes everything from promoting and raising money for your nonprofit to recruiting and training staff and volunteers.
Picture
​If your nonprofit organization has been in business for a while, it’s always a good idea to go over the systems and processes you already have in place and take a look at what’s benefiting you and what is no longer serving the organization. Which systems/processes could be improved? Which ones need to be replaced? What new systems/processes could you implement that would make running your nonprofit organization that much easier and more effective?

​Measure Your Results

Picture
​Measuring the results of your efforts is something you should do on a regular basis. Just because something is working for you now, or worked in the past when you first implemented it, does not mean it’s what your company will need in the future. Regardless of whether you’re new to business planning for nonprofits or your nonprofit organization has been in business for a while and you’ve been revising existing systems and processes, it’s always a good idea to regularly check in with what you’re doing to make sure it’s still working. If it’s no longer serving you, it’s time to try something new.
Whether you’re starting a new nonprofit or restrategizing an existing nonprofit, it’s always a good idea to have a Strategy Rockstar on your side. Helping people with their business planning for nonprofits is not only one of my strong suits, it’s also one of my passions. If you’d like to hear more about how I help nonprofit organizations get the most out of their resources, schedule a call now so we can chat.
2 Comments
Marisa
9/22/2021 10:08:48 am

This is great info. I am sending this link to Dave King in my BNI. He holds the non profit seat.

Reply
Z&B Consulting
9/23/2021 11:14:29 am

Thank you so much for thinking about us! We're so glad this blog spoke to you.

Reply



Leave a Reply.

    Why Morsels? 

    Business advice,
    like chocolate chips,
    is best digested
    a handful of morsels at a time.  I think we'd all agree that devouring a lot of either all at once can be too much for the average person to handle..

    Picture
    Please tell me how you found me

    Submit

    Archives

    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    April 2017
    March 2017
    February 2017
    January 2017
    January 2016
    December 2015
    July 2015
    June 2015
    March 2015
    February 2015
    January 2015
    December 2014
    September 2014
    July 2014
    June 2014
    May 2014

    Categories

    All

    RSS Feed

[email protected]
Terms of Use
Privacy Policy
Office: 815-524-4307

Proud to be actively involved in the following organizations. 

Picture
Picture
Picture

Picture
Picture
  • Services
    • Consulting
    • ECOURSE
    • New Years Deals
    • Speaking & Training
    • Events >
      • Living Room Sessions
    • Merchandise >
      • Book
  • About
    • Testimonials
    • Why Z&B
  • Blog
  • Online Academy