If you want to achieve business success, or even the very survival of your social enterprise, it’s absolutely essential that you bring in enough money. That might seem like an obvious statement of fact, but generating enough income to cover costs, pay wages or develop your ideas is actually not always that easy.
Third sector organisations can no longer rely on grant funding, and the emphasis on generating trade is stronger than ever. Scottish social enterprises aim to generate at least half of their income, and the most successful and sustainable social enterprises look to establish consistent and reliable income streams. They do that by selling their services and products to members of the public, other companies, or the public sector.
If you’re ready to invest time and effort into developing your income generation options, Just Enterprise specialists are able to help.
You might have an idea which could work for making more money but need some support to scope it out. Or perhaps you are looking at ways to diversify or expand on the services or products you currently offer. Maybe you just want guidance on how to increase your customer base. Or perhaps you’ve spotted an opportunity to generate more income and need some support to help you make a sound plan.
No matter what help you need, Just Enterprise’s income generation specialists are able to lend an ear, and advice. You can count on our expert one-to-one support over a fixed period, and together we’ll work towards increasing your income from trade.
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Understanding Cashflow
In this short video, business advisor Alex explains the benefits of understanding your cashflow in real time, especially in a crisis
Cashflow Template
Use this template to get started
Setting your Pricing Strategy
Use this worksheet to develop the right pricing strategy for your business
3 Common Business Costs
In this short video, learn how to calculate your basic costs so you can stay financially and socially sustainable.
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