Business projection planning for non profit organizations is beneficial to organizations looking to make a strong start, those that are looking to change course, or those that are trying to determine where to put their efforts in order to grow.
Set Annual Budgets
Create Cash Flow Forecasts
Determine Budget vs. Actual
Business Projection Planning for Startup Organizations
Just like running a for-profit business, it is important to set goals from the start. Since there won’t be a lot of historical financial data to make decisions by for startups, we will take in-depth examination your business plan and create different scenarios to help you determine where to invest your finances. Using your business plans and other research, we will be able to estimate contributions and create a projection to help define business goals that you can use to compare your progress with along the way. If you are receiving a grant or a large contribution to begin your organization, this would a great time to show financial planning efforts.
Business Projection Planning for Organizations Looking to Change Course
Many organizations get so caught up in their mission that they overlook the financial status of the organization and the financial planning for the future. Since many non-profits have few employees, overhead is often overlooked which leaves many organizations looking to make reactive changes rather than proactive ones. We can help these organizations by taking an in-depth look at their financial history and determining where you are verses where you should be. These projections will let you know if your organization is in danger of failing, or what could be changed to improve your finances.
Business Projection Planning for Organizations Looking to Grow
Nonprofits who have been proactive in their business planning will see the most benefits to the projection planning. The best results are seen when the organization has organized projections to examine over time and will let them know if a new venture is not working as well as hoped. We will help you redefine your yearly metrics and set goals for the future.
Business projection planning for your non profit is vital for your organization’s growth. Schedule a free 15 minute advising appointment to discuss how we can help your organization grow.