Money is tight in non-profits. We get that! Starting a social enterprise is an exciting way for non-profits to generate sustainable revenue while creating community impact. But where do you start, and how do you avoid costly mistakes? Follow this practical roadmap and steps for non-profit leaders.

You know the non-profit world. You know how to market your organization to move your mission and vision forward. Marketing a social enterprise is different. Marketing a social enterprise balances your mission with market. To succeed, non-profit leaders must showcase your organizations social, cultural, or environmental impact while attracting, serving, and retaining paying customers. This quick guide shares our insights into successfully marketing a social enterprise.

Choosing to start a social enterprise can feel like a daunting task at first, one filled with uncertainty and risk. A thriving and successful social enterprise is built on passion – and a solid business plan. The questions included in this checklist help non-profit leaders reflect on and consider the many aspects of what launching a social enterprise involves and how to set it up for long-term success.

Many non-profits don’t have (or need) a business plan. However, once you venture into social enterprises, it becomes essential for success, whether self-funding or seeking outside investment in your enterprise. A comprehensive non-profit social enterprise business plan assesses all aspects of the business idea. It explores and examines where your social enterprise is headed, how it will get there, and how/why it will succeed. Every business plan is as unique as the social

Three people with their thumbs up around having chosen the best social enterprise idea. If you’re like most non-profits, once you’ve set your social enterprise evaluation criteria, the first thing you want to do is jump into brainstorming ideas. And why not? This is the fun part! When doing “green-light thinking” brainstorming every idea and every voice is important. Mix and match your techniques to ensure everyone has a chance to contribute. Generally, a mix of individual

When non-profits start exploring social enterprise, they often get hyper-focused on THE big idea. This is the idea that when they think about it, their gut says, “this is it!” The problem with this approach is that to make an evidence-based decision (objective, not subjective), you need to back the idea with solid data. That’s where market research comes in. Market research answers the simple but critical question: Will this work, and why?

Social enterprise is an attractive way to generate steady revenue while staying true to your mission. It isn't a quick fix to your non-profits financial or mission struggles. Launching a social enterprise can be risky, resource-heavy, and full of unexpected challenges. At HIP Strategic, we encourage boards and leadership teams to slow down and set clear social enterprise evaluation criteria before brainstorming ideas.

This blog post is part of five articles on organizational sustainability. Related articles are noted at the end of the post. Stage 4: Aspirations, Results, and Strategic Goals & Objectives When considering sustainability, where you are going and the results you want to deliver are a key component of creating a sustainable organization. If you don’t know what you are working towards or the results you want to achieve, it is difficult to set a direction and move towards it.

When it comes to creating a sustainable organization, it is vital that your organization be confident in what it does well, know what opportunities exist to explore, and constantly scan the marketplace for trends that can impact the sustainability of the agency.

This blog post is part of five articles on organizational sustainability. Related articles are noted at the end of the post. Stage One: Organizational Audits An organizational audit evaluates areas of your organization that are considered vital to its functioning. It compares an element's performance to the desired performance to meet your business needs or goals. The focus of your audit may vary depending on your specific key issues or concerns. The three most common organi

As with most AGMs, the ones I’ve attended often follow a standard agenda: updates on what’s happened throughout the year, progress made toward goals, presentation of financials and financial audit, voting in of new board members, and awards to recognize key volunteers, staff, or leaders. It’s standard fare, and this can be a little mundane for those active in the non-profit sector. So, how does a non-profit add excitement to its AGM agenda to make it more attractive an

In some cases, this transition from a working board to a governance board is natural and smooth; in other cases, tensions arise, and there is a push and pull as individuals struggle to understand the new parameters under which they must now work and the restrictions that may now be placed on them. Does your organization have the capacity to transition from a working board to a governance board?