Many nonprofits undertake strategic planning, but too few link this strategic plan to a financial business plan.
Business planning bridges the gap between mission and programs, and the resources needed to deliver those programs.
FMA understands that developing a business plan can be an intense, complex and time consuming process, with a unique set of needs for every organization.
FMA tailors an approach suitable to each organization’s needs and provides hands-on, functional assistance, throughout the process.
- Establishes a process that includes a timeline and the roles of the board, management team, and staff
- Clarifies programmatic and financial goals
- Reviews current financial, human, and organizational resources
- Creates program expense and revenue models based on well-supported assumptions