| Corporations draft business plans when a | | | | approvals. |
| business is started or when a business is | | | | |
| expanding. Drafting a business plan helps | | | | 7.The writer must make a market assessment of |
| crystallize the objectives of the | | | | the product, studying the customer base, the |
| organization and its goals. Business plans | | | | price, the quality and features of the |
| for Non-Profit Organizations are especially | | | | product sold or service offered, the future |
| important, since these plans help those who | | | | sales projections and how to achieve them, |
| propose to fund the organization understand | | | | and the plans to be followed incase the |
| the business better. These plans must be | | | | objective is not obtained. |
| produced when approaching a potential fund | | | | |
| provider such as a bank. These plans should | | | | 8.The writer must supply a product |
| be written carefully and hiring an expert to | | | | description, giving the details of its |
| draft the plans is a good idea. | | | | features, quality, and the need for any |
| | | | improvements. |
| How To Write A Business Plan For A Non-Profit | | | | |
| Organization | | | | 9.Marketing and sales of the product is |
| | | | another important area. The writer must give |
| 1.A cover sheet must be attached, giving | | | | details on how the company shall create an |
| details and background information about | | | | awareness of the product through |
| those who are going to start the business. | | | | advertisements in the paper or the magazines, |
| | | | or over the inter-net. |
| 2.The table of contents is important, so | | | | |
| people can open to the page, which interests | | | | 10.Understand the competition and how to deal |
| them most. | | | | with them by listing the differences between |
| | | | both the products and identifying areas for |
| 3.The summary should include details about | | | | improving the product. |
| the organization, which people are behind the | | | | |
| organization, what are the goals, the | | | | 11.The operating procedures and the equipment |
| objectives of the organization, how the | | | | necessary must be listed and carefully |
| business plans to achieve these objectives. | | | | explained in the business plans for |
| | | | Non-Profit Organizations. |
| 4.The financial data should give a detailed | | | | |
| explanation of the expected operating costs. | | | | 12.Explain the amount and the training of the |
| | | | staff required. |
| 5.The business plan must include a detailed | | | | |
| description of all licenses and permits | | | | 13.Explain how the people in charge shall |
| needed to operate the business and who to | | | | manage the operation. |
| approach to acquire them. | | | | |
| | | | These are the basic requirements for the |
| 6.The business plan must describe the | | | | business plans of Non-Profit Organizations. |
| premises needed, the amount of the lease, | | | | Several firms offer help in drafting these |
| what permits and approvals need to be | | | | plans and running the business with software |
| obtained, and how to obtain these permits and | | | | to file and document everything necessary. |