If your clients pay less for your service than it costs to run the program, how will you make up the difference?
Use this section to talk about how you’ll work with other organizations.
Good business planning is about management, accountability, tracking performance metrics, and improving over time.
Even when your goal isn’t to increase profits, you still need to be able to run a fiscally healthy organization.
If you’re running an after-school tutoring organization, you might be competing with after school sports programs for clients, even though your organizations have fundamentally different missions.
If you’re running a regional nonprofit, do you want to be national in five years?
For children ages five to 12 (target market) who are struggling with reading (their need), Tutors Changing Lives (your organization or program name) helps them get up to grade level reading through an once a week class (your solution).
Talk about how your program is funded, and whether the costs your clients pay are the same for everyone, or based on income level, or something else.
In a for-profit business plan, this section would be about marketing and sales strategies.
For nonprofits, in this section, you’re going to talk about how you’re going to reach your target funding sources (donors, foundations) and how you’re going to reach your target client population.