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Cost: Expect to pay between $5,000-$25,000 (or more) for a nonprofit strategic plan. But make sure you know what you are getting. A $5,000 plan may only include a retreat facilitation and a simple dashboard.

A good rule of thumb, particularly if you are seeking funding for a strategic plan, is to assume $75,000 ? $125,000 for a well-researched, thoughtful process that engages all of your stakeholders and produces a plan that clarifies future direction and action.

How to write a strategic plan Consider the company mission. The mission for a business describes what the company does. ... Establish a communal vision. ... State key values. ... Develop focus areas. ... Create specific objectives. ... Describe projects. ... Define key performance indicators.

This number is on the lower end of what it would cost to hire someone, especially for a more prolonged engagement. In our experience, you should be prepared to pay at least $10,000 for a qualified consultant to support a comprehensive strategic planning process.

The Perfect Outline for A Nonprofit Strategic Plan Summary. This high-level summary is sometimes presented as a letter from the Chief Officer. ... Mission & vision statements. ... Values. ... Goals or priorities. ... Tasks. ... Key performance indicators. ... Strategic planning committee members. ... SWOT analysis.

The usual fee spread tends to be between $10,000 ? $15,000 +/- for a two day retreat with some pre-session survey of participants and other key stakeholders to $40,000 ? $60,000 +/- for a more comprehensive process that includes internal analysis and realignment of assets with the work required to achieve identified ...

Then take a methodical step-by-step approach Step 1: Outline expectations. ... Step 2: Verify the business context. ... Step 3: Set goals and objectives. ... Step 4: Assess your capabilities. ... Step 5: Develop an action plan. ... Step 6: Set measures and metrics. ... Step 7: Put your strategy on one ? yes, one ? page. ... Step 8: Drive the plan home.

A good rule of thumb, particularly if you are seeking funding for a strategic plan, is to assume $75,000 ? $125,000 for a well-researched, thoughtful process that engages all of your stakeholders and produces a plan that clarifies future direction and action.