Nonprofit Business Plan
You’ve come to the right place to write a nonprofit business plan.
We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their nonprofit organizations.
Nonprofit Business Plan Example
Below are links to the essential sections of our sample nonprofit business plan template to help you with the business planning process for your organization:
- Executive Summary – The Executive Summary of your nonprofit business plan explains your overall strategic plan to achieve success as a nonprofit. It will include your organization’s mission statement, goals, and objectives. This section will also include information on your target market, competition, and marketing strategy.
- Company Overview – Also called the Organization Overview, you will include the mission statement and history of your nonprofit organization including any significant milestones achieved to date.
- Industry Analysis – Sometimes referred to as the Market Analysis, this section will provide an overview of the nonprofit industry, trends, and the competitive landscape.
- Customer Analysis – The Customer Analysis section details the demographics and psychographics of your target audience and how you plan to reach them.
- Competitive Analysis – In your Competitive Analysis, you will identify and describe the competition, both direct and indirect, including other nonprofits with the same mission. You will also include your strategic plan for competing in the market.
- Marketing Plan – The Marketing Plan section of your nonprofit business plan will detail your products, programs and services, your overall marketing strategies and tactics, and how you will measure success. It should include information on your target market, positioning, branding, communications, and lead generation.
- Operations Plan – In the Operations Plan, you will outline your day-to-day operations as well as your long-term business goals and how you will measure success.
- Management Team – In the Management Team section, you should include the organizational structure of your nonprofit business as well as bios of your executive team and board of directors.
- Financial Plan – The Financial Plan is one of the most important sections of your nonprofit business plan. You will establish your financial goals and include financial statements such as the income statement, balance sheet and cash flow statement to show how your nonprofit will be sustainable.
Nonprofit Business Plan FAQs
What Is a Nonprofit Business Plan?
A nonprofit business plan is a road map to start and/or grow your nonprofit organization. Among other things, it outlines your charitable concept, identifies your target customers, presents your marketing plan and details your financial projections. Your non profit business plan should be a living document that is updated frequently as your nonprofit organization grows.
You can easily complete your nonprofit business plan using our Nonprofit Business Plan Template here.
What Are the Main Types of Nonprofit Organizations?
There are many types of nonprofit organizations, but each has a charitable mission to help an underserved segment of society. For example, there are nonprofits that serve the underserved youth, abused or abandoned animals, homeless, veterans and impoverished. There are also many nonprofits that support social awareness and global issues such as the environment, education and equality.
What Are the Main Sources of Revenue and Expenses for a Nonprofit Business?
The primary source of revenue for nonprofit organizations are monetary donations from sponsors, government grants and funding, and tax incentives through 501c3 designations.
The key expenses for a nonprofit business are staffing, supplies, rent, utilities, and working capital to ensure the sustainability of the non profit.
How Do You Secure Funding For Your Nonprofit Organization?
Nonprofit organizations are most likely to receive funding from banks, grants, and donors. As the majority of the funding will come from government grants and funds, grant proposals will need to be compiled and proposed to the necessary funding organization.