Strategic Planning for Nonprofits Group News. Ready to turn 2012 into your organization's best year yet? For many, the first step is to start (or revise) planning. A comprehensive, well-reasoned operational or strategic plan can make the difference between getting by and reaching your goals. Your nonprofit colleagues have shared these resources to help: Not so sure about planning? Read The Bridgespan Group's free paper Business Planning for Nonprofits: What It Is and Why It Matters for a breakdown of what's in a plan and some tips on getting started. Download Montana Nonprofit Association's free Q&A -What to Include in Your Plan gives you a simple list of what to include in a comprehensive organization plan.
For more resources Montana Nonprofit Association likes, browse the planning section of their IdeaEncore-powered online resource library. Use Nonprofit Enterprise at Work's (NEW) The Board Room -Assessment & Strategic Planning ($5) to get your board of directors involved in developing a strategic plan. Bridgestar Nonprofit Executive Director Network Group News.
Nonprofitwebinars.com. » What’s a Mission Statement Worth? University of Wisconsin Center for Cooperatives - Chapter 5. Cooperatives: A Tool for Community Economic Development Conducting a Feasibility Study Feasibility studies and business plans are identified in Chapter 4 as key steps to starting a cooperative. This section explains two vital issues: how to conduct a feasibility study and how to do market research. First, some definitions. What is a Feasibility Study? A feasibility study is designed to provide an overview of the primary issues related to a business idea. A thorough feasibility analysis provides a lot of information necessary for the business plan. Because putting together a business plan is a significant investment of time and money, you want to make sure that there are no major roadblocks facing your business idea before you make that investment.
A feasibility study looks at three major areas: a. Again, this is meant to be a “first cut” look at these issues. What is a Business Plan? If the feasibility study indicates that your business idea is sound, the next step is a business plan. 1. Organizational Assessment Tool: Strategic Planning. WePlanWell Features. Feasibility Study Outline C5-66 November 2009. A feasibility study is an important step in business development. Information File C5-65, What is a Feasibility Study will help you understanding the concept of a feasibility analysis and what it means for business development. Information File C5-64, When to Do and How to Use a Feasibility Study provides you with a framework and the decision points needed for using a feasibility analysis in business development. The outline below can be used to help you through the feasibility study process.
However, not all feasibility studies are alike. The elements to include in a feasibility study vary according to the type of business venture analyzed and the kind of market opportunities identified. Description of the Project Identification and exploration of business scenarios. Identify alternative scenarios or business models of what the project will entail, how it will be organized, and how it will generate profits. Define the project and alternative scenarios Market Feasibility Market potential.