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