My Community brings you the latest tools, tips and ideas to help make your community a brilliant place to live.
To make a tangible, long term impact on their community, community groups and organisations must think about their business and financial management.
Sustainable, high quality services require careful planning and consideration about appropriate funding needs and sources.
All resources in this Business and Financial Support Hub have been designed to help you plan for your group or organisation’s future and ensure the long-term sustainability of your charity or community group.
The resources in this hub will be particularly useful for people involved in setting your business objectives and overseeing the financial condition of your organisation, such as financial and business managers, chief executives and trustees.
The resources in this hub include guides, templates, case studies and research. They will help you:
Achieve financial sustainability and profitability
Guidance with the skills and tools you need to ensure that your organisation is viable over the long-term. They will help you build up your financial resilience for long term sustainability.
Develop a business plan
Support to produce a formal written business plan document containing your business goals. Your business plan should also include the methods and time-frame in which you aim to achieve them so that you can measure your success and impact.
Manage your business effectively
Understanding a range of key day to day business needs, from carrying out a cost-benefit analysis to comply with legislation.
Manage your organisation’s finances
Providing you with a range of financial management skills from financial forecasting to understanding cash-flow.
These business and financial support resources will help your decision making. You'll find guides and templates on topics including:
Plan your income and spending projections and cash flow projections for at least three years.
These questions should be regularly asked at board meetings to help raise important issues.
Cost benefit analysis demonstrates the value of an intervention.
Guidance, techniques and tools for managing your charity or community group’s finances
A comprehensive handbook on how to set up and run a successful community hub
Guides to the fees and requirements around filing annual returns and company confirmation statements
An overview of the various funding options that may be available to your charity or community group
The importance of testing your business idea and tools to help you do so
This resource is designed to help you produce a Business plan for your charity or community group