Audience[ edit ] Business plans may be internally or externally focused. Externally-focused plans draft goals that are important to outside stakeholders, particularly financial stakeholders. These plans typically have detailed information about the organization or the team making effort to reach its goals. With for-profit entities, external stakeholders include investors and customers,  for non-profits, external stakeholders refer to donors and clients,  for government agencies, external stakeholders are the tax-payers, higher-level government agencies, and international lending bodies such as the International Monetary Fundthe World Bankvarious economic agencies of the United Nationsand development banks.
Value proposition, or competitive advantage Key success factors Financial highlights and capital requirements Mission A social enterprise of a nonprofit organization may contribute directly to achieving mission; may be complementary or supportive of mission; or may be unrelated to mission with primarily financial goals.
The alignment to mission is a critical question. Most social enterprises operate as an activity or program within the nonprofit, though some are legally structured as a separate nonprofit, a for-profit subsidiary, or an independent organization.
Form should follow function and the legal structure should support the purpose and activities of the enterprise. Advice from an expert attorney may be needed. Brief description of the nonprofit, including context and programs How the business venture will be structured in the organization Legal structure and governance Boards, advisory committees, reporting Market Analysis The market analysis is the heart of the business plan and is too often inadequately explored when planning a social enterprise.
Solid research is necessary to understand the target customers and how the enterprise will meet a gap and demand in the market.
No amount of mission or commitment will overcome a deficiency in market knowledge and a bona fide demand for the product or service. Summary of current market situation Target market and customers Customer characteristics, unmet demands and buying factors Competitive Analysis This section describes the competitors, both nonprofit and for-profit, and the value proposition, or market advantage, of the proposed business.
It does not need to include detailed descriptions, price lists or other materials. If the business is retail, discuss location characteristics Evaluation and Assessment Most for-profit businesses measure their success by the financial results.
Social enterprises have a double bottom line or a triple bottom line. This section describes the factors that will be evaluated to assess the success of each aspect of the enterprise. Quantifiable financial goals Monitoring and evaluation strategy Financial Plan and Projections The financial section includes projections for revenue and expenses for at least three years with a summary narrative of the key assumptions.
This section also details the start up costs for capital equipment, inventory, initial marketing and staffing, and subsidy needed to cover losses during the start up period. Start up costs and investments in equipment, technology, or one time costs Capital requirements and sources Pro forma balance sheet for start up Cash flow summary or projection Assumptions and comments.Sample business plan for non profit youth organization – Sample 2.
If you are thinking of starting a non profit organization, you should know that even if it is not an establishment aimed at making profit, it is still a business because almost the same rules are applied to both for-profit and not-for-profit organizations. Bplans offers free business plan samples and templates, business planning resources, How-to articles, financial calculators, industry reports and entrepreneurship webinars.
The purpose of this business plan is to secure a $50, three-year Bank of America loan to fund the purchase and marketing of a food truck restaurant (Holey Moley LLP) in downtown Washington, D.C. Holey Moley was founded by Pat Jabroni and Mickey Jordan, Mexican food chefs and connoisseurs, in .
In a for-profit (business) organization improving the bottom line will be the objective, measured by projected profit to be achieved during the plan period.
In an NPO where profit is not the motive, Financial Projections fix expense budgets to be within allocated resources for various activities. Aug 27, · A nonprofit business plan will include many of the same sections of a standard business plan. If you’d like to start simple, you can download our free business plan template as a Word document, and adjust it according to the nonprofit plan outline specified below/5(84).
A business plan is a written document describing your business and outlining its future.
Sample Business Plans: c3 Business Plan The needs for a non-profit business plan are not markedly different from the document that sells a for-profit venture. Despite the fundamental difference of philanthropy versus profit, a c3 business plan still needs to demonstrate a market need, describe a service suite or product that can fill. Sample Business Plan: Vintage Home and Residential Care Published on May 20, This is a sample business plan written by The Startup Garage for an assisted living facility for seniors. This is a free sample business plan for Nonprofit - Food Bank. To see more business plan examples, business plan software, and other business planning tools visit leslutinsduphoenix.com
Business plans serve several purposes for those starting a new venture. They're often a first line of communication between your company and potential investors.