3 Reasons Non-Profits Should Work with an Outside Partner
Most non-profits are constantly looking for ways to streamline processes, save money and increase awareness. These are hefty, ongoing goals, and the truth is that organizations sometimes need help, especially when there are decreasing donations, increasing expectations and other challenges.
A report from Concord Leadership Group states that many non-profits do not have strong strategic goals for their organizations or succession plans for their leaders (read more from The Chronicle of Philanthropy). There are several issues that could be leading to this, but stretched budgets and limited resources likely contribute. Investing in an outside partner could be the answer for non-profit organizations looking to not just survive but thrive in 2017. The benefits of working with an outside partner are plentiful. Outside partners can specifically bring these three things to the table:
1. Cost savings
Having enough people on staff to strategize, plan and execute programs and missions relevant to non-profit organizations is costly. In addition to full-time salaries, non-profits must consider additional costs such as providing insurance coverage and benefits, such as vacation time, maternity/paternity leave, sick days and any incentives, bonuses or gifts.
While some non-profit organizations will require a full time staff, or at least several full time positions, the costs can be offset by employing an outside partner to fill in any gaps. For example, many organizations will attend and host events throughout the year, but there might not be enough work for a full time employee. This is an opportunity for an experienced event planner to come in and help for less money than a part time or full time professional.
2. Ample expertise
With small budgets, non-profit organizations are often unable to afford the type of qualified, experienced talent that would be most successful in achieving an organization’s goals. Hiring someone who is just starting out in their career and doesn’t require a big paycheck is a solution, but it isn’t the only one, and it isn’t always the most affective one.
Hiring an outside partner opens a door to non-profits looking to benefit from the expertise of long-standing philanthropic professionals without spending too much of the budget. Companies that offer services to non-profits have hosted hundreds of events, strategize, planned and executed numerous programs, completed countless audits and other financial tasks, and more. An experienced professional knows what to do the first time, eliminating wasted time and resources. There is no substitute for experience, and non-profits should know that when working with an outside partner, experience can be affordably obtained.
3. Increased convenience
Working with an outside partner adds convenience beyond cost-savings and increased expertise. An outside partner can add focus to the overall well-being of an association. It is another set of eyes (and heart) dedicated to helping an organization grow. A trained, dedicated outside partner can make a measurable impact on an organization, which is a major advantage. The convenience of working with someone that already has systems, resources and tools in place that have been proven to be successful is also a benefit.
In what other ways do you think an outside partner can benefit non-profit organizations? Let us know in the comments section!