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Social Business Plan: Financial Budgeting

As a social entrepreneur, Your budget is not just numbers on a spreadsheet; it is a reflection

of your business’s priorities and a tool for making them a reality.

Creating a budget is about mapping your financial journey—it is a strategic artifact that

translates your social mission into quantifiable steps. It is more than book-keeping; it is your

plan for channelling resources where they'll ignite the most progress.

As you plot this financial course, be meticulous yet visionary, ready to invest where it counts,

particularly in initiatives central to your mission's advance and allocate resources to have the

most impact. Be prudent, but also be prepared to invest in the areas that will drive your

mission forward.

When raising credit or capital, strategise to secure the most favourable terms and be vigilant

about the implications for your budget. Balance is key: aim for financial prudence but maintain

agility to accommodate growth opportunities and emerging priorities. Always budget with an

eye on the future, allowing for adaptability in the face of your venture's evolving financial

landscape.