No matter the size, all organisations need to plan. Doing so will highlight both opportunities and challenges. Planning should be about two important aspects: priorities and people.
A formal business plan can help your organisation establish and achieve aims and objectives. Find out what’s required depending on your legal structure and charitable status.
Any business planning exercise needs to consider the risks of the planned activity, including the financial risks. Evaluating the risks and taking appropriate action will put your organisation in a stronger position.
Consider appropriate arrangements for financial reserves for your organisation and understand the impact of large reserves.
Discover how these processes can play an important role in your business planning, helping to ensure the effectiveness of your organisation.
There are many different ways in which voluntary sector organisations can work together, both informally and more formally. Find out how mergers and collaborations might help you.