B7 business planning lenora jarvis-mackey - rivery city cdc

Post on 18-Dec-2014

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This workshop will cover the how to’s of business planning, along with the benefits, and examples of successful business plans for small and medium nonprofits. Presenters will share how their organizations use business planning to attract and retain competent staff, attract diverse funding sources, and deliver needed services to their communities.

transcript

“Growing to Meet Community Needs”

Presented by:

Lenora Jarvis-Mackey, President/CEORiver City Community Development Corporation501 E. Main StreetElizabeth City, NC 27909(252) 331-2925ljarvismackey@rivercitycdc.org

•Our Story…

• Executive Summary• Background Information • Description of Products & Services • Marketing Plan• Business Operations • Management and Organizational Team• Major Accomplishments• Financial Plan

This section should:

• Provide a succinct overview of the entire plan• Grab the readers attention• Describe the organization’s purpose, history,

unique strengths and advantages• Provide a menu of products and services• Describe the market and/or need• Describe its operational plan and financial plan

a.Mission statementb.Goals and objectives of businessc. Description of business

The Mission is to strengthen communities

and improve the quality of life for residents in Elizabeth City and Northeastern North Carolina. Founded in 1990, RCCDC is dedicated to providing strong leadership through the implementation of programs and initiatives that provide affordable housing, economic and workforce development, health and wellness, cultural awareness and youth empowerment.

A. Features of proposed products/services B. Describe benefits to your customer C. Intellectual property and proprietary rights

issues D. Production plans E. Future products/services

• Housing Counseling & Development• Business & Economic Development• Youth Development• Social & Cultural Awareness• Health & Wellness

• A. Description of Industry• B. Your Market• C. Competition• D. Market Strategies

Explains the organizational plans, location of your facility including satellite operation, capital equipment, inventory, program and services development and distribution approach, maintenance and evaluation of program services process.

Describe yourManagement teamKey management employees and their

expertiseBoard members and their expertise Include organizational chartAssessment of staffing needs

Renaissance Village—A (17) single-family subdivision, $1.7 million dollar project that was developed in 2001 and has been fully occupied since its development.  First time homebuyers and others who initially believed the American dream of owning a home was impossible found out it was possible.

Renaissance Commons—A (48) unit, $3.6 million dollar senior housing complex.  Renaissance Commons Senior Housing consists of affordable one & two bedroom apartments and a community center—independent living for adults 55 years of age and older, and currently has a waiting list of over 60 potential applicants.

Illustrate your organization’s current and projected financial status

Include an income statement, balance sheet, and cash flow statement

Include at least three years of financial projections to include (both public & private contributions)

Include most recent Audit and 990’s

www.rivercitycdc.org