the nonprofit consulting playbook

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1 The Nonprofit Consulting Playbook 3/13, 2014 1pm EST

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Join Linda Lysakowski and Susan Schaefer for a discussion on optimizing your own fundraising consulting practice. This session is designed for consultants to the nonprofit sector who want to garner more clients and those who are thinking about consulting. You will learn how to work with clients and how to use human, financial and other resources as efficiently as possible. In particular, we will focus on the many options available to grow, reinvent or reinvigorate your business given your changing needs and interests. Explore down-to-earth, practical experience from two consultants, with a combined 30+ years of experience. The goal of the session will be to stress the many ways in which a nonprofit consulting practice can be successful. Participants will hear about several ways to achieve each of these goals: * Building a robust client base * The many ways to address staffing structures * Options for starting, growing, or reinventing your business

TRANSCRIPT

Page 1: The Nonprofit Consulting Playbook

1

The  Nonprofit    Consulting  Playbook  

!3/13,  2014    1pm  EST

Page 2: The Nonprofit Consulting Playbook

Your  Presenters3

Page 3: The Nonprofit Consulting Playbook

POLLHow long have you been consulting? More than one year Six months to one year Less than six months Just thinking about it

Page 4: The Nonprofit Consulting Playbook

WHY CONSULTING?Better hours?More pay?Freedom to set your own schedule?Ability to work at home?Variety of work?

Page 5: The Nonprofit Consulting Playbook

ARE YOU CUT OUT TO BE A CONSULTANT?

EMPLOYMENT LIFE

Teamwork Stable paychecks Multi-tasking Focus on one mission Schedule predictability Firm schedule

CONSULTING LIFE

Independence Income instability Wide-ranging multi-tasking Multiple clients Long, often strange hours Flexibility

Page 6: The Nonprofit Consulting Playbook

WHAT KIND OF CONSULTANT WILL YOU BE?

Single focused: writing, grants management, foundation relations?

Full service: grants broadly, fundraising generally?Ultimate business model: sole proprietor, small business, large

firm?Single focus clients: human service, the arts, education?Client size: large, medium, smaller organizations?Client geography: local, national, international?

Page 7: The Nonprofit Consulting Playbook

WHERE DO YOU WANT TO WORK?

HOME OFFICE

Ever-present workplace Casual dress Budget-friendly No commute time !Another option: the virtual office

“REAL” OFFICE

Prestige Meeting space for clients Few distractions

Page 8: The Nonprofit Consulting Playbook

HOW DO YOU WANT TO STRUCTURE YOUR COMPANY?

Sole proprietorshipPartnershipLLCCorporation (C or S)

Page 9: The Nonprofit Consulting Playbook

LEGAL ISSUES YOU NEED TO KNOW

State registrationIRS regulations about contractor versus employeeTax lawsLiability issues

Page 10: The Nonprofit Consulting Playbook

MARKETING YOUR BUSINESSYour websiteCollateral materialsSocial mediaProfessional organizationsNetworkingAdvertisingSpeakingWriting

Page 11: The Nonprofit Consulting Playbook

Personal expensesHealth careRetirementSavings Start-up costsTravelExperienceCompetition

Hourly Daily

Project-based Retainer

SETTING FEES

Page 12: The Nonprofit Consulting Playbook

SURVIVING AND THRIVING

Being flexibleMentors and coachesAdding/eliminating/changing servicesTaking on or becoming an associate

Page 13: The Nonprofit Consulting Playbook

Questions?

Page 14: The Nonprofit Consulting Playbook

THANK YOU!For more information, see The Nonprofit Consulting Playbook:

Winning Strategies from 25 Leaders in the Field !Consultant to Consultant: Hourly, customized, one-on-one coaching for aspiring, new, and veteran consultants.!Email us to learn more: [email protected]

Page 15: The Nonprofit Consulting Playbook

Next  Webinar:  !

Best  Foot  Forward:Avoiding  Common  Capital  Campaign  Mistakes  

!4/24  1pm  EST  

!Brent  A  Hafele,  M.A.  

!https://bloomerang.co/resources/webinars/