Generating Income
To grow your organisation and run services you are going to need to consider how you generate income. You can do this through:
- Fundraising in your community
- Applying for grants
- Bidding for contracts
- Trading with the public
Ideally you want to try to think about having a mix of funding streams. We can help you to achieve this through supporting you in:
- Identifying and applying for funding
- Fundraising legally
- Claiming Gift Aid
- Running lotteries and raffles
- Identifying contract opportunities
- Submitting a tender
- Developing partnerships
- Registering for VAT
- Considering a "trading subsidiary" (a separate body that trades and passes profit to you)
For more detail about how we can help you generate income, see pages 13-15 of our services guide.