How Do You Write A Strategic Business Plan For A Nonprofit?
Strategic planning is one of the most vital aspects of business planning for nonprofit organizations. Nonprofits must be able to clearly identify their goals and objectives and remain true to their core concepts in order to be successful. The strategies used to achieve the goals and meet the objectives are the key ingredients to a nonprofit’s ability to be effective. The components of a good strategic plan include a vision statement, short-term goals, long-term goals and a master plan. Create a vision or purpose statement. This is arguably the important step in strategic planning for nonprofit organizations. Nonprofit organizations focus on the delivery of services. Therefore, nonprofits must clearly determine their overall objectives. The vision statement should be concise and clear. It should not be too lengthy but should clearly cover the core objectives of the organization. Establish short-term goals. The organization must be able to identify its goals for the near future–defined
