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West London Working. Creating a sustainable funding package for your organisation. Introduction. How is your organisation currently funded? Options for sustainable funding What needs to change in your organisation to achieve sustainability? Who is the customer now?
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West London Working • Creating a sustainable funding package for your organisation
Introduction How is your organisation currently funded? Options for sustainable funding What needs to change in your organisation to achieve sustainability? Who is the customer now? Keeping it together under pressure
Creating a sustainable funding package for your organisation. How is your organisation currently funded?
What might need to change to achieve sustainability? Part 1 Anne Tunnicliffe – The Social Investment Business
What might need to change to achieve sustainability? Part 2 Managing internal changes in your organisation Re-structuring, re-deploying and redundancies – what are the real costs and are there other options? Mergers, diversification and enterprise Forward Planning Strategy
What might need to change to achieve sustainability? Managing internal changes in your organisation Adjusting the spread and sources of income will result in change for your organisation Know where you want to go Bringing everyone on board
What might need to change to achieve sustainability? Re-structuring, re-deploying and redundancies The real cost of redundancies Other alternatives
What might need to change to achieve sustainability? Mergers, diversification and enterprise Case studies Widening your scope Selling
What might need to change to achieve sustainability? Forward Planning Strategy
Moving to a sales mentality Who is the customer now? How can you effectively sell to them?
Keeping it together under pressure It might be a bumpy ride, but hang on in there Remember why you started Involve others Make mistakes!
Funding and income options Contracts and sub-contracts (Work Programme and ESF) Loans and equity investments (The Social Investment Business, Big Issue Invest and Triodos) Grants and transition funding (Big Lottery, Esmee Fairbairn etc) Trading (selling goods and services and potentially moving from a wholesale to a retail business model)