Q. Your income now and where you want to be
Before considering trading further you will want to think about where you are now and where you want to be.
Now
Think about where your income comes from now and how dependent you are upon it. Which of your income streams is vulnerable? Which do you want to increase and what is most feasible for you?
What are your current activities? Which of your activities cover their costs? Which provide most benefit for your beneficiaries at the least cost?
What assets do you own and which of these could generate income e.g. buildings, vehicles or equipment?
Will trading open up more opportunities for you to develop some of your services?
The future
Where do you want your organisation’s income to come from in say 2 years time?
Links and Tools | |
‘Searching for other income streams?’ A simple worksheet asking you where your income comes from now and how dependent you are on each income stream. (NCVO) |
Key | |||
Basic | Intermediate | ||
Advanced | Book | ||
Website or download | Worksheet | ||
Information/guide alone | Training |