Business Plan For Nonprofit

Nonetheless, a business plan is just as important for a non-profit organization as it is for any profit-making company.It will guide your growth, show donors and funding sources what you are doing, and demonstrate to the IRS that yours is a legitimate tax-exempt enterprise.It is a living document that should be updated frequently as your non-profit expands.

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Research those issues in detail to determine how many people are affected, who they are, where they live, and how your non-profit will reach them.

A non-profit must have a strong marketing plan in order to reach its targeted customers.

Your business plan describes your non-profit as it currently exists and sets up a road map for the next three to five years.

It lays out your goals, challenges, and plans for meeting your goals.

These documents will vary widely depending on the exact nature of your non-profit, but should always include your full financial projections, promotional materials, most current annual report, and a copy of your strategic plan.

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With Growthink’s Ultimate Non-Profit Business Plan Template you can finish your plan in just 8 hours or less! Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.

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If you are starting a non-profit, a business plan might be the furthest thing from your mind.

After all, by definition, you are not trying to make money or capitalize on market trends.