business plans for ngos
DESCRIPTION
Rema Subramanian from Ankur Capital presented her thoughts on the important ingredients of a business plan for for-profit and non-profit ventures.TRANSCRIPT
Business Plans
18th Dec 2011
What is business plans?
• Is it excel sheets?• Is it power points• Is it to test your mathematical skills?• Or your visual skills?
Business plan is YOU
• your dreams• your thoughts• Depth of your understanding the issue• Your ability to gauge what it takes to deliver
Excel sheets and ppts are just manifestation of your ideas
What business are you in?
• No of ideas..• Core focus• Consolidate• Prioritize activities/impact• Bandwidth
Define space
• Why do you exist?• Are you needed?• Other players• Gaps inspite of other players• Is it ideology or practical?• Measurable Impact
Cost of impact
• How much will it take to deliver your impact• Efficiencies• Are you another bureaucratic animal?• We all talk of how most Govt project expenses
are salaries• Have you considered all costs?
Scale
• Is your scale realistic?• Do you have economic scale?• Have you accounted for what it takes to achieve
scale• Costs increase disproportionately when scale goes
up• Org challenges increases.. People, process, quality• Not easy to get skilled folks whether in NGO or
regular business
Models• Business model– Draw parallels with regular business– Are you a middleman– Are you a service delivery– Are you a supplier – supply chain
• Understand business model, what works and what doesn’t
• CAN YOUR BUSINESS MODEL SCALE?• Have you thought of what it will take to scale?
Quality, Impact, Systems
• Quality… quality.. Quality• Are you sure of your output or only focused
on input.. Are you clued into your impact?• How much are you thinking of systems,
process, people
Are you equipped
• You are being judged – investors always look at you
• Your team• Your depth of experience and abilities