Charities are not commercial, profit-focused organisations but one key area where they do need to act like successful businesses is by making forward planning a priority.
Strategic planning enables charity trustees to assess where their charity is now, where they want it to be in the future and to establish the actions and resources necessary to help them get there.
At Haslers, we understand that it can be difficult for those involved to take time to step back from day-to-day issues and look at the bigger picture.
We can take an objective view of the organisation and provide expert, independent advice to help charity leaders make informed decisions about short and longer-term goals for their organisation and to draw up and implement action plans for achieving them.
Many small charities struggle to find trustees and meet rising overheads from an income of perhaps just a few thousand pounds. Against a backdrop of public sector costs, it can make sense for two or three smaller organisations with compatible aims to join forces, making it easier to fill trustee posts and streamline costs.
If your charity is considering a merger, we can carry out financial due diligence to assess the suitability of potential candidates, so that you can enter your new partnership confident that there will be no unpleasant surprises at a later date.
We can also use our expertise in this area to ensure the new merged charity begins life on the strongest possible financial position and with the most appropriate structure.
To find out more about Haslers’ East London and Essex-based accountancy, tax and business advisory services for charities, please contact us.