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AdvisorNet

I need help with a Business Plan & HOW to raise funds. Can you help?

Veteran

Erick Liggons Chicago, IL

This is for a Social Service Agency for Inner City Youth to help get them off the streets.

1 August 2018 4 replies Mentoring

Answers

Advisor

Bob Molluro Wilmington, DE

I have developed and tested a program for Inner City kids to help them learn more effectively. When you are looking for something tangible to offer let me know.
Warmly,
Bob

6 August 2018 Helpful answer

Advisor

Emanuel Carpenter Alpharetta, GA

Erick - Since you're planning to start a social services agency instead of a for-profit organization, I highly recommend you start by either learning how to write grant proposals or plan to hire a grant writer. Essentially, government agencies and philanthropists will provide the money you need for your agency as long as it fits under their umbrella of causes they want to support.

There are plenty of books on how to write grants at local libraries. A good resource for you will be the Foundation Center: https://foundationcenter.org/. Check out the free training they provide for folks just like you here: http://grantspace.org/training/search/format/on-demand/type/knowledge-base/sort/date_desc/price/free/

If you plan to fund this organization through loans, you might need a business plan. My SCORE advisor highly recommends the template Entrepreneur Magazine created here: https://www.entrepreneur.com/formnet

Best of luck.

Advisor

Michael Dalrymple Clinton, NJ

Good suggestion by Rob...I was drafting the same comment - SCORE is an excellent resource. I used them about 10 years ago to help me write a business plan. They are typically comprised of retired, successful business people who will mentor you. They have locations throughout the country, including Chicago.

Advisor

Rob Pianka Lancaster, PA

Hello Erick,

Take a look at https://www.score.org/blog/starting-nonprofit

If you like what you see: https://www.score.org/find-mentor

Regards,

Rob

SCORE is the nation’s largest network of volunteer, expert business mentors, with more than 10,000 volunteers in 300 chapters. As a resource partner of the U.S. Small Business Administration (SBA), SCORE has helped more than 10 million entrepreneurs through mentoring, workshops and educational resources since 1964.

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