Think sustainable earning income for your health and human services agency
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Introduction to social enterprise for nonprofit organizations
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Think sustainable earning income for your health and human services agency
- 1. April 26, 2011 Manonamission.biz - @plamb - facebook.com/pauljlamb
- 3. Thinking outside of the Escalator
- 5. Social Enterprise is not…
- 8. Sample nonprofit Social Enterprises
- 12. Planning for a social enterprise versus a small business Business Plan Set up Business $ Returns $ Returns Set social and financial goals Social impact Select business idea based on goals Business Plan Set up Business The desired outcome of for-profit business is already known: to make a profit The desired outcomes of a social enterprise are not obvious and so the goals need to be established first © REDF – Please do not distribute without prior permission from REDF
- 15. Sample Social Enterprise Metrics Dashboard Used with prmission from ZeroDivide
- 18. Used with permission from ZeroDivide
- 19. Used with permission from ZeroDivide
- 20. Used with permission from ZeroDivide
- 23. The Readiness Challenge Readiness Questions Points Is your Executive Team & Board able to get fully behind an earned income strategy? 10 Is your organization open to a totally new way of doing business, both culturally AND operationally? 10 Are you willing to invest 6-9 months doing feasibility work, market research, business planning before going operational? 10 Do you have or are you able to raise startup and operational capital? 10 Is your staff and other stakeholders open to an earned income venture in house? 5 Are you prepared to organize an outside advisory team of experts? 5 Are you willing to hire outside operational staffing? 5 Will your venture align fully with your social mission? 5 Are you open to revising your business model, if needed? 5 Are you in it for the long haul? 5 Total
- 27. Don’t wait for the escalator to get fixed – it may never happen!
Editor's Notes
- Earned income for a nonprofit includes such things as tuition payments, the sale of products or services, government contracts, consulting fees, membership dues (when dues purchase tangible benefits), sale of intellectual property, agreement to use the nonprofit's identity, royalties, ticket sales, property rentals/leases, and so on. Earned income does not include such things as corporate or foundation grants, government grants or subsidies, financial contributions from individuals, or in-kind donation of products or services.
- Or add in silver bullet
- TCTV in Washington: Digital media productions, training, media consulting, digital signage
- Stop for discussion
- Job placement firm, Goodwill, Newman’s own
- 2mins EB
- 3 mins EB ? Would you both like to add to this too?
- Social e-valuator, Pulse,
- Put in reliatech logo
- Stop for discussion?
- Take readiness survey again. All or nothing points scoring. “Passing” grade is 50 (70%)