Manipur, India: Firm Stance Foundation Business Plan Executive Summary

The Firm Stance Foundation's business plan executive summary outlines the organization's mission to provide education and vocational training to children and women in Manipur, India. The foundation aims to offer educational programs in arts, sports, and STEM subjects for children, while also providing women with job training in areas like dressmaking and crafts to improve their financial independence. The plan details the organization's objectives, target market, execution strategies, and financial projections, including how they plan to secure funding through international organizations, government grants, and individual donations. The summary emphasizes the importance of community welfare and the organization's commitment to improving living standards through education and employment opportunities, aiming to create a positive impact on the social and economic landscape of the region. The financial section includes operating and investing activities, along with a budget based on program revenue and fundraising efforts.

Firm Stance Foundation
Business Plan

Executive Summary
Firm Stance is non-profit Organization. The main goal of Firm Stance is to offer education
programs to children and women. We plan to offer education for children and women in India.
For women, we will also offer occupations. Many children would love to learn how to play a
guitar, sing or dance. We will offer courses in the arts, sports and advance math and science.
However, many parents simply cannot afford these types of courses and they are not offered in
public schools. We will also offer class for families to assist them with learning how to maintain
a household budget, purchasing food at the best bang for the buck, preparing a proper job
resume, and starting a simple at home business. We will offer senior course that will match with
their interest. By offering occupations to women, they will be in a better position to support their
families.

Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................3
Organization description...........................................................................................................3
Objectives....................................................................................................................................5
Mission Statement......................................................................................................................5
Vision statement.........................................................................................................................5
Targeted Market...............................................................................................................................6
Execution Strategies........................................................................................................................6
Key Donor Groups...........................................................................................................................7
Development initiatives by International Organizations.......................................................7
Donations from the national government................................................................................7
Grants from national financial institutions organizations.....................................................7
Individual (public) donation.....................................................................................................8
Organization Management...............................................................................................................8
Budget and Financial Management.................................................................................................9

Introduction
Organization description
Firm Stance is a foundation that will be engaged in enhancing the social welfare of the
women and children in India through occupations and education. For the most part, nonprofit
foundations are intended to work together with both national and local governments in enhancing
the living standards of the local individuals through supported tasks and projects by contributors.
The foundation will be situated in Manipur area; which will be its primary operational base while
seeking after its objective to enhance the social welfare of the children and women.
Manipur mirrors a mix of high level of social discontinuity, stagnating economy and
uprising ruled exercises. Indeed, even following five many years of autonomy, political
managerial changes and arranged monetary progress, political vulnerability has hinted at no

reduction. Manipur is commanded by high populace development, intensifying monetary
relations, quickly expanding capital, innovation and asset prerequisites, decreasing financial
openings, delicate peace circumstance et cetera. Today, when financial advancement is
progressively changing the national economy and society, the state cannot pull in the instruments
that can create monetary improvement through huge inflow of capital and innovation and in the
process significantly change the material life states of the regular person. Likewise, the
expanding scale and power of regular catastrophes and migration have additionally confused the
situation. With transcendently ancestral populace, moving agrarian economy, nonappearance of
ventures and slightest of urbanization, the slope regions of Manipur introduce a scene of
destitution, joblessness, financial abuse, social hardship, poor wellbeing, absence of education
and absence of framework. The state by its geological structure had issues of financial
improvement and financial change for a beautiful long stretch. Manipur exhibits a genuine photo
of the conditions winning in the poverty of the Indian economy. The low per capita wage, a
quick expanding populace, nonappearance of ventures, colossal however for the most part
incompetent labor are the recognizable forms of this financially in reverse and discouraged area.
Keeping in mind the end goal to operate within the legal system of the Indian national
and local government, the association will look for essential approval from the pertinent bodies
to continue with its activities in its zone of operation. This will involve the securing of the vital
printed material including operational licenses and permits that gives an organization the legal
right to work in a particular area. By being enrolled as a nonprofit organization in Manipur, the
association will be allowed the authority to work in the local society and draw in the local group
in the social welfare dealings. On an alternate point of view, by being a philanthropic influencing
association, Firm Stance will be essentially offering back to the general public through

occupation creation and education and along these lines it will be exempted from charge
installment and other related taxes keeping in mind the end goal to reduce the expenses related
with beginning and running the foundation.
Objectives
The main objective of Firm Stance is to offer education programs to children and women. For
adults we will offer classes like; household budgeting, tax preparation, retirement planning,
cooking, nutrition, work resumes, job creation and more to make them professionals. The
organization will also offer occupations for women to improve their ability to provide for their
families.
Mission Statement
To improve lifestyle, education and women welfare in the local community
Vision statement
Firm Stance Organization endeavors to be an excellent charitable association that
emphatically influences the lives of the general population and enhances their living standards by
advancing education and employment creation.
Targeted Market
The Firm Stance foundation trusts that the children and women are the foundation of the
public. A nation with poor practices and policies concerning the welfare of women and children
is probably going to suffer essentially because of poor results in political, social and monetary
measurements( Singh, 2016). The Firm Stance Organization will target middle school kids
around Manipur area and expand its operations to other areas as the association develops. Middle
school children are typically schoolchildren between the ages of ten to fourteen years old, and

who are at a crucial stage in a child’s development. The Firm Stance organization believes that it
is crucial for children at this age to be given opportunity to exploit their talents and adopt a
healthy lifestyle. These children need to have strong support from their parent’s especially
financial support, which is why the organization focuses on providing occupations to women and
educating them too.
Execution Strategies
Strategy I: Providing education facilities and equipment to schools around Manipur area.
The organization aims at soliciting funds to provide sufficient education equipment to every
primary and mid-level school around Manipur. This will contribute significantly in providing
quality education to children and women in the region.
Strategy II: Offering occupations to women
The organization will offer training to women in activities such as dressmaking, knitting, pottery
and crafts and grant them the chance to use those skills to generate income.
Key Donor Groups
Every organization focuses on the impact it desires to create to the society, or the need it
wants to meet in the area, then actualizes the need and formulates the monetary requirements to
make it happen. The financial need of an organization is the most important aspect of the
organization; this is where the organization establishes if it has the capability to run its program
effectively without much strain. As a strategy to bring change in the community and benefit
them, it will be important to have a stable supply of the financial capital for the organization

(Islam,2016). With the help of a business plan, Firm Stance Organization hopes to raise funds
from:
Development initiatives by International Organizations
Presently, most of the international organizations are sponsoring community development
projects and programs as a way to give back to the community (Islam,2016). The Firm Stance
Organization aims at taking advantage of this by seeking donations from international
organizations that have a great sense of society welfare. With the help of a transparent project
proposal encompassing budgeting and good financial plan, the organization will be able to secure
substantial funding for the defined community based programmes.
Donations from the national government.
The Indian government is currently fostering heath living as a way to improve the living
standards of the people. With solid grounds of improving living standards and societal
development through education and employment, the organization hopes to get substantial
funding by the Indian government to sponsor its programmes.
Grants from national financial institutions organizations
Financial institutions have a reputation of sponsoring programs undertaken by nonprofit
making enterprises. With optimal financial transparency in planning, budgeting a implementation
plans, the Firm Stance Organization will be able to secure some financial grants from national
financial institutions and other organizations that feel the organization’s education and
occupations programme will aid in creating a better society. Giving back to the community
though support of local community projects and programmes is a major strategy employed by
business organizations to show their concern for the societal welfare and enhance their brand
reputation. The women education and occupation programme that will be undertaken by the

organization is a project that will result to optimal empowerment of the local women. Therefore,
the organization will be sure to get financial grants from financial institutions and other
organizations that promote community development.
Individual (public) donation
Most members of the public take interest in participating in community building
programmes. The education and occupation programme will be oriented towards promoting
children welfare as outset in the objectives of the organization, such an aspect that will greatly
attract the attention of the community residents and the entire society. In light of this, the
organization hopes to secure some funds from members of members of public as a way to
include them in the society-building project. This will be achieved through children welfare
communication campaigns around Manipur area and other regions to enlist interested members
of the public to participate in improving the lifestyle of their children through the organization’s
occupation and education programme.
Organization Management
The organization management will be composed of highly trained personnel, who will
ensure that the company maintains a strategic direction in promoting children, women and
general society welfare. Any successful organization has first to consider its main reason for
existence, failure to plan makes the organization prone to failure. The mission, vision and
objectives of the organization will be fundamental aspects of its existence. The legal form of the
organization will determine its existence with liability attached to either one individual or the
organization being an entity by itself. Challenges are inevitable and every organization is faced
with several challenges; Firm Stance Organization management will be change oriented and will

likewise ensure optimal flexibility in the organization operations for fast adjustment with
changing environments. To sustain a sports not-for profit organization in an area, it is important
to understand that it is a learning field, and new challenges arise every time while in the field and
the management must focus on the main goal they want to achieve by introducing the project to
the community
Budget and Financial Management
Operating Activities:
Operating Income: $119,492
Depreciation Expense 20,156
Loss on Sale of Equipment 460
Increase in Accounts Receivable −24,618
Decrease in Prepaid Expenses 900
Decrease in Accounts Payable −11,110
Decrease in Accrued Expenses −18,460
Net Cash Flow from Operating Activities $86,820
Investing Activities:
Sale of Equipment $40,508
Purchase of Equipment −23,325
Net Cash Flow from Investing Activities $17,185

Financing Activities:
Payment of Dividends −$12,500
Payment of Bond Payable −3,792
Net Cash Flow from Financing Activities −$16,292
Net Change in Cash $4,979
Beginning Cash Balance $11,353
Ending Cash Balance $16,332
Year 1
Revenues
Program Revenue Funds(Grant)
$172,248
800,000
Cost of sales 40,508
Gross profit $1,012,756
Accounting 6,000
Advertising & promotions 3,500
Bank charges 16,620
Compensation & benefits 43,565
Salaries 300,000
Insurance 1,000
Legal & professional 500

Licenses & fees 500
Maintenance 600
Miscellaneous 1,800
Office supplies 2,700
Telephone 1,800
Utilities 4,200
Website 1,800
Total operating expenses $383,586
The budget is based on the program acting self-supporting within five years of
execution. The present and extra costs will be financed through a mix of private donations
through Parent Teacher Association and group partners. Proportion investigation is considered as
an entrenched device to assess the execution of association’s gainfulness, liquidity and budgetary
soundness. Revenue surpluses will be shared with respect to the enlistments among the women
and children. Students will not be charged any extra expenses as a major aspect of the program.
This spending model is exceptionally traditionalist with enlistment appraises well underneath the
normal enlistments for the main year. The management and detailing exercises of the association
underscore stewardship for the assets given to the association. Because of the significance of
donated assets, financial managers of non-benefit associations decide the raising support focuses
as well as recognize the best instruments that meet contributors' prerequisites. If the program