Revenue Generation Plan

Wall Street Bound / The Street Smarts
New York, NY, USA
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Wall Street Bound / The Street Smarts
New York, NY, USA

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Posted June 21st

Project details

What we need
  • Assessment and recommendations for income-generating activities that will complement the Organization's current mission and existing programs
  • Actionable steps necessary to implement recommendations, alongside estimates of upfront time and monetary investment required
  • Identify challenges & potential risks in pursuing the plan
Additional details

The Street Smarts is a three year old non profit based in Oakland, CA. We provide financial literacy for high school students and an internship program for college students of color to pursue careers in finance and accounting. Both of these industries lack true diversity and inclusion in their workforce. Studies have shown that firms that embrace Diversity and Inclusion have lower employee turnover costs. diversity fosters a more creative and innovative workforce.

What we have in place
  • We currently have a web site and we have a social media presence., which should make it easy for you to get started. We also have a dedicated board ready to take on this project., and the ability to provide any other information you need.
How this will help
This project will save us $10,242 , allowing us to increase outreach to more students of color and reach more firms.

I feel that generating more revenue for our organization will enable us to increase the reach of our organization. We want to be able to generate additional funding so that we are able to provide scholarships, stipends, and other forms of support.

Project plan

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Prep: Recommendations
  • Professional provides recommendations for promising sources of revenue with Volunteer Manager providing feedback selecting a single revenue stream that should be prioritized
  • Professional evaluates revenue potential of recommendation by taking into account costs and other required organizational investments such as programming, staffing, technology, and communication materials
1
Milestone 1: Delivery of Plan
  • Professional provides actionable steps, time estimates, and operating model necessary for developing revenue generation strategy
  • Professional outlines key milestones and performance indicators to help assist the Organization as they execute the plan
  • Professional outlines challenges to be aware of as the Organization executes on plan should also be laid out such as operating costs
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Milestone 2: Distribution of Prep Materials
  • Volunteer Manager provides all relevant marketing and branding materials, including but not limited to annual reports, financials, fundraising collateral, website copy and information on representative stakeholders such as donors, advocates, and constituents served
  • Available materials with Professional should include Market Analysis, Financial Plan, etc.
3
Milestone 3: Analysis and Feedback
  • Professional and Volunteer Manager brainstorm potential revenue-generation streams and potential target markets
  • Professional provides analysis of Organization’s existing approach to funding and program beneficiaries and a competitive benchmarking of peer organizations
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About the org

Wall Street Bound / The Street Smarts
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Our mission

Dedicated to creating opportunities for students from traditionally underserved groups to gain experience in and exposure to the world of Finance and Accounting.

* We facilitate placements in summer internships for students interested in business, accounting and finance.

* We create other learning opportunities for students that increase their exposure to professionals working in the field.

* We mentor students in how to maximize the value of these opportunities.

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