Growth Strategies To Scale Up Your Small Nonprofit
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This document discusses strategies for scaling up small nonprofits. It outlines reasons why nonprofits often don't scale, such as focusing only on their core mission. The document then presents organic and inorganic growth strategies. Organic strategies involve leveraging existing stakeholders, acquiring new stakeholders, utilizing new channels, and modernizing processes. Inorganic strategies include collaboration, joint ventures, mergers, acquisitions, and sales. Finally, the document provides tips for mitigating risk when scaling up, such as testing concepts and engaging advisory boards.
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Growth Strategies To Scale Up Your Small Nonprofit
- 1. Growth Strategies To Scale Up Your Small Nonprofit CARLA LANGHORST CARLA@SMALLBUSINESSSOLVER.COM SMALLBUSINESSSOLVER.COM
- 2. What To Expect? Why non-profits often don’t scale? Adjacencies Growth strategies Organic Existing stakeholders New stakeholders New channels Modernization Inorganic Mitigating risk Online resources
- 3. Why non-profits often don’t scale?
- 4. Why non-profits often don’t scale?
- 5. Adjacencies Core Offering New Idea New Idea New Idea New Idea
- 6. Growth Strategies Organic Existing Stakeholders Increase Average Sale Increase Frequency New Offering Retention New Stakeholders New Target Markets New Offering New Channels Channel Partners Vertical Integration Horizontal Integration Online Modernization Process Technologies Economies Inorganic Growth Collaboration Joint Ventures Merger/Acquisition Sale
- 10. New offering
- 11. Retention
- 13. Revenue Streams Fundraising Crowdfunding Grants Events Membership Programs Cross compensation Skills development Market intermediary Distribution intermediary Admin intermediary Relationships Sponsorships Social finance
- 14. New Channels
- 15. Channel Partners
- 18. Online
- 20. What Are You Doing Today? Initial Contact Needs Assessment Onboarding Resource Matching Follow Up Feedback & Evaluation
- 21. Identify Your Core Competency
- 22. Find Your Bottleneck(s) Initial Contact Needs Assessment Onboarding Resource Matching Follow Up Feedback & Evaluation
- 23. Strategize Your Growth Plan Outsource Hire Technology
- 24. Outsource - Don’t need full time - Need someone specialized - Don’t want to manage the individual - Have odd shifts
- 25. Hire - Full time is justified through volume of work - Long term benefits and growth - High probability of retention - Upside with other opportunities
- 26. Technology - Constantly evolving - New applications - More widely accepted - Consumers research heavily - Consumers can self serve
- 27. Find Your Bottleneck(s) Initial Contact Needs Assessment Onboarding Resource Matching Follow Up Feedback & Evaluation
- 28. Inorganic Growth Collaboration Joint Ventures Merger/Acquisition Sale
- 29. Growth Strategies Organic Existing Stakeholders Increase Average Sale Increase Frequency New Offering Retention New Stakeholders New Target Markets New Offering New Channels Channel Partners Vertical Integration Horizontal Integration Online Modernization Process Technologies Economies Inorganic Growth Collaboration Joint Ventures Merger/Acquisition Sale
- 30. Mitigating Risk Proof of concept – look for energy! Advisory board Community engagement Test market
- 32. What We Chatted About? Why non-profits often don’t scale? Growth strategies Organic Existing stakeholders New stakeholders New channels Modernization Inorganic Mitigating risk Online resources
- 33. Growth Strategies To Scale Up Your Small Nonprofit CARLA LANGHORST CARLA@SMALLBUSINESSSOLVER.COM SMALLBUSINESSSOLVER.COM