INTRODUCTORY OVERVIEW

Top tips

  • identify your organisations’ current financial situation, in terms of income and expenditure and levels of dependency on each source of income
  • check whether your current activities lend themselves to attracting other sources of income
  • assess whether you can develop new activities which would bring in new sources of income
  • make sure management, staff and volunteers have the skills and confidence to make any changes in activity a success.
  • consult with all interested parties before making any major changes.
  • monitor, evaluate and review progress.