4 Things Every Nonprofit Needs
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3. A financing plan
It is not enough to have big goals and a plan for the future; a nonprofit must understand the price tag associated with its strategic plan and how it is going to bring enough money in the door to finance that plan. And a good financing plan analyzes all potential sources of money, lays out a clear road map for bringing that money in the door, and fully integrates the securing of money into the other work of the organization.
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Nell Edgington
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Nell Edgington is president of Social Velocity.
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