BUSINESS & NON-PROFIT CONSULTING
A business plan for a for-profit entity usually includes the following:
A business plan for a nonprofit organization might be set up like this:
You can see how similar these plans are, let our experts help you with the essentials needed to start your for-profit or non-profit business today. We help with:
Non-Profit Business
- Executive Summary. This explains very concisely and clearly what the business does or will do.
- Products/Services. What will be sold or what services provided? Who is the market? Why should your market use you rather than someone else?
- Strategy. How are you going to sell your product or service. How will you market it? How will you keep track of clients/customers? How will you grow the business?
- Operations. Where will your business be located? Will you make your products or purchase them from wholesalers? Will you lease or buy equipment? Hire employees? Partner with other businesses? How will you handle distribution? Inventory? How will you market your business?
- Financials. Where will you get the money to start your business? Will you pay yourself a salary? How will you pay for employees? What are your costs and income?
A business plan for a nonprofit organization might be set up like this:
- Executive Summary. Include a mission statement, description of the board of directors, types and number of employees needed, location and where services will be provided, description of those services, funding sources, summary of market research you may have conducted.
- Services or Products to be offered. Description of service or product, what problem do they address? What the objectives are for the services.
- Results of your needs analysis. Explain the documented need for your service or explain a new need you will address. Who else provides this service or a similar one? Who are your clients...who will you be helping? Where are they located? How many are there?
- Organization & Management. How will you organize? Create an organizational chart. Develop staff profiles for the major players such as the CEO and the program manager.
- Marketing and Sales Strategies. How do you plan to communicate to your target audience. Include an advertising plan and a PR plan.
- Financials. Where will you get the money for the startup? Grants, loans, fees? Prepare an annual budget showing revenue and expenses.
You can see how similar these plans are, let our experts help you with the essentials needed to start your for-profit or non-profit business today. We help with:
Non-Profit Business
- Form CSCL/CD-502: Articles of Incorporation for use by Domestic Nonprofit Corporations or Form CSCL/CD-503: Articles of Incorporation for use by Ecclesiastical Corporations
- Bylaws
- IRS Form SS-4: Apply for EIN
- IRS Form 1023: Application for 501(c)(3) Exemption
- IRS Determination Letter
- Form 518: Registration for Business Taxes
- Form 3372: Michigan Sales and Use Tax Certificate of Exemption
- URS Charitable Registration, if applicable
- Michigan Initial Solicitation Registration Form
- Incorporation: $20 + optional $50-1,000 expedite service
- 501(c): $400 or $850 IRS fees
- Obtain a FEIN. ...
- Register the assumed business name with the County Clerk. ...
- Obtain UIA Number. ...
- Obtain a Sales Tax License. ...
- Register your business with the Michigan Department of Treasury. ...
- Obtain all necessary permits.