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About A Business Plan:
| Before you begin committing the time, energy and money necessary
to develop a comprehensive business plan you should first ask, “Have
I clearly identified an earned-income opportunity and is it viable
within the open market?”
Once you have identified and determined that your earned-income
opportunity is viable, you should proceed with developing your
business plan. The following business planning process will help
you clearly describe your earned-income venture in a structured
format that potential donors/investors will easily understand
and appreciate.
The first step is to register your Business
Plan account. If
you already have a Viability Study account, the Business Plan
will
be treated as an extension of your existing account. It is recommended
but not required that you register for and complete a Viability
Study before proceeding with the Business Plan.
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NBS Business Plan Customers Include:
- Adults with Autism Residential Project, Carmichael, CA
- Africa
Business Group, Accra, Ghana
- Alternatives Unlimited, Inc.,
Whitinsville, MA
- Blue Springs Historical Society, Blue Springs,
MO
- Child Abuse Prevention Association, Independence,
MO
- Children's Museum of KC, Kansas City, MO
- Community Health & Wellness,
Overland Park, KS
- Cornerstones of Care, Kansas City, MO
- Diamond Development
Initiatives, Kano, Nigeria
- Friendship House / Catherine's
Place, Kansas City, MO
- Gateway Family Resource Center, Centennial,
CO
- Independence Junior Service League, Independence,
MO
- Independent Filmmakers Coalition, Kansas City, MO
- International
Professors Project, Proctor, VT
- Kansas City Neighborhood Alliance,
Kansas City, MO
- Kansas Preservation Alliance, Leawood, KS
- Lee's Summit Symphony Orchestra, Lee' Summit,
MO
- Lenox Hill Hospital,
New York, NY
- Lutcher Community Faith Foundation, Lutcher,
LA
- Midwest Center for Nonprofit Leadership, Kansas City, MO
- Nat’l
Kidney Foundation of KS & W. MO, Westwood,
KS
- Network of Employers for Traffic Safety, Vienna,
VA
- North Carolina Association for Biomedical Research, Raleigh,
NC
- Presbyterian
Home of Greater Johnstown, Johnstown, PA
- SkillsNET Foundation,
Red Oak, TX
- Southeastern Family Institute, Inc., North Augusta,
SC
- SPECeast, New York, NY
- Sunshine Center, Independence, MO
- The Kauffman Fund, Kansas
City, MO
- The People's Music Academy, Indianapolis, IN
- TSI - Total
Self Insight, Inc., Merced, CA
- Turning Point, Leawood, KS
- University of KS Medical Center,
Kansas City, KS
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Once you register, your account will remain
open for 180 days. During that time you
may return to your Business Plan as often as you
like in order to make edits or any other changes you desire.
Among other things the following online business plan will help
you address:
- What is the earning potential of my earned-income venture
and what it will take to get it off the ground?
- What are the characteristics of my chosen market and what are the
best strategies to overcome the competition?
- What are the managerial resources you have and will need to acquire
in order to achieve success?
Make no mistake, securing the answers to
these and other questions is hard work. Business planning is a process, not a panacea.
It will require pursuing research, rethinking traditional
patterns of behavior, developing new strategies and finally
creating
a formal
document for presentation to prospective donors/investors.
For many nonprofit administrators and fund
managers this can be alien terrain. There are many differences (as well
as similarities)
between the private and the social sector. For this reason
we encourage
you to make both the viability analysis and the business
plan a group process. Those involved should be trusted
advisors who will
have input on the future direction of the proposed business
venture. These may include board members with business
experience, key
managers, future or existing customers and outside advisors
including potential
donors/investors.
Remember that, like a grant proposal, there
is no ideal outline or format for a business plan. Each business
is unique, and
each donor/investor who might invest in your plan is
likewise. The
process that follows is designed to help you identify
the essential elements
of a standard business plan document, organize them in
a format that is right for you and provide the greatest
chance
for funding.
If you haven’t yet identified an earned-income opportunity,
or are unsure of one you have, find
out how to use this site  .
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