Whether you’re already using Live Plan or doing some research to find the right software for your tax-exempt organization, it’s natural that you’ll have some questions about how Live Plan might be able to help you write your nonprofit business plan or strategic plan.
But did you know that Live Plan also makes it easy for nonprofits to track their projected financials against their actual income and expenses in real time?
She earned her Bachelor of Science degree in marketing and multinational business from Florida State University and a Master of Business Administration from Nova Southeastern University.
Her work has appeared online at Bill Savings, Money Smart Life and Mortgage Loan.
To keep meetings on track and give board members the information they need to make informed decisions, a higher level view of the budget is a better fit.
A sample view from within Live Plan of revenue and expenses.
Reviewing lengthy, printed budgets full of individual items in tiny text can be a distraction during meetings.
It can derail what should be macro-level conversations with side tangents around unimportant details—things that are best managed by your team on the ground, rather than by consensus in a board meeting.
A business plan for a nonprofit corporation is not merely a personal plan for a business’ development.
Banks and grant agencies require business plans before they will provide the financing for the company.