![]() ![]() While for-profit business plans often appeal only to executives and investors, non-profits must lay out their plan to donors, volunteers, investors, foundations, and beneficiaries. Though every business needs a roadmap, nonprofits may need them the most because of the variety of audiences they appeal to. Why a business plan is necessary for a nonprofit organization While it’s normal to shift a bit throughout the years, your business plan will remind you and your donors what you’re about and - perhaps most importantly - what you’re not about. What you want is to see how you’re progressing towards the impact you wished to have the very day the nonprofit was founded. Otherwise, those goals may start to look harder and harder to reach. ![]() ![]() This plan will also be a key element to come back to several times per year to make sure your strategy and current actions align with the original plan. Your business plan will set goals for the next few years that you’ll then be able to focus on reaching incrementally. Using a plan, your whole team will be perfectly clear on your goals, challenges, and plan of attack. While your nonprofit business plan will be a great tool for getting noticed, it’s actually a road map.
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