Community Business Success Guides

By Power to Change

SUMMARY

It’s not always easy for community businesses to get their hands on the kind of detailed financial data that helps build a business case, and get an important local service up and running. This set of Success Guides by Power to Change supports you with some concrete data that can help you run a more sustainable community business.

Community businesses are businesses that are run by local people to bring many benefits to their local areas. There are many types of community businesses including those centring around arts, heritage and community engagement.

It’s not always easy for community businesses to get their hands on the kind of detailed financial data that helps build a business case, and get an important local service up and running. Unlike businesses in the private sector, local groups often only have minimal access to information, advice and financial data on income generation to support their planning and goal setting. This often means starting from scratch, using good judgment, and peer advice where they can get it.

This set of Success Guides intends to support that hard work with some concrete data can help you run a more sustainable community business. This doesn’t replace peer advice, good local knowledge, or community engagement, but it does give a bit of useful scaffolding for the development and growth of trading income.