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You are here: Home / Timely Reports / Long-Range Strategic Plans for Nonprofits

April 30, 2014 by fiscaldoctor

Long-Range Strategic Plans for Nonprofits

Welcome, I’m Gary Patterson. Today, we are talking about long range strategic planning for nonprofits. Think of this by definition strategic planning is what you need to do so that you will meet the mission, you will do it with the best use of resources of people over time and for a nonprofit, it’s not that different than for a for profit. The key issue still is what are you going to do over an extended time period, usually three to five years. Now here is a tough part because what I normally find is that nonprofits are really good at using an 18 month cash flow as their long term issues. That does not get you there, you really need to do three to five years and the reason for this is that unless you do this you can’t assess accountability and people need that accountability to really move toward long term goals. So, numbers are important, numbers are your friend. Thank you for joining us today.

http://smallbusiness.chron.com/longrange-strategic-plans-nonprofits-78094.html

Filed Under: Timely Reports Tagged With: strategic planning

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Gary W. Patterson, The Fiscal Doctor

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Gary W. Patterson, The Fiscal Doctor

812 Hallbrook Lane, Alpharetta, GA 30004
Contact No: 678-319-4739
Email: info (at) fiscaldoctor (dot) com

Copyright © 2016 - All Rights Reserved - Website Design by Pixelion Art

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