Developing a Plan for Financial Sustainability

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Developing a Plan for Financial Sustainability
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Plan for financial sustainability

• A tool used to help the organization and its
  goals thrive over the long term

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Why plan for financial sustainability?

• Financial security
• An increased focus on your real work
• Becoming more competitive in your field
• Easier transitions
• Following guidelines

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The planning process

• Choose developers
• Announce your work
• Determine and compare the amount of money you
  have, need and want
• Set objectives
• Consider your possibilities
• Choose among possibilities

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The planning process (cont.)

• Develop your strategy
• Develop a timeline
• Draft your plan
• Incorporate feedback
• Implement your plan
• Monitor and evaluate