NGOs (Non-Governmental Organizations) around the world help underprivileged people to live better lives. Many people around the world think of starting an NGO in order to help people. Even though it is a noble thing to do, it is not easy to start with it. There are tons of things to plan and execute before you start your NGO.
Most people who plan on forming an NGO do not realize two important things before it begins. One is that starting one will require lots of time and effort before any profit is seen, and the other thing many forget to take into consideration is money management. There are some steps you can take to avoid financial ruin for your charity, but there are always risks involved with nonprofit work.
Some things to consider before creating a non-profit organization are listed below:
Starting an NGO is a full-time job. Most think that you can start it on the side of your regular job and drop it once you can make more money, but this will take some time. Depending on the job, you may have to put in 40-60 hours a week at least before making any profit. For most people, this means they would need to find another job. To face this, one must keep their mind open to starting a nonprofit organization for them to be ready with enough time and finance when called upon.
This is one of the most important things to keep in mind when starting an NGO. Money is what will build the foundations of your organization so you need to keep it at the front of your mind.
There are two major sources of income for NGOs: public fundraising and private donations. You can look for various financial options depending on the type of NGO you are planning to start. For example, if you are a faith-based NGO, Christian financial advisors can help you with money management.
It is possible to get grants from governments and organizations as well. Though it is difficult to get it without an extensive resume and professional experience.
Facilities and Staff
You can small office space to start with. This could be a small corner of a field or a desk in your bedroom. Most NGOs are staffed by volunteers so they do not get the same amount of support that larger NGOs get. If your staff is completely volunteer-based then there will always be something lacking in terms of time and manpower with your organization. This can make it difficult for your organization to operate at full capacity with only volunteers on board. But you can start with volunteers, ensure that you are getting people on board who truly believe in the cause.
These were a few things that one should consider when starting their own NGO. There will be lots of ups and owns and tons of things to manage. There are a lot of complicated factors involved with running an organization from start to finish. There organisatins and people who will help you out at times. The key is connecting with who believe in the same cause as you do. In the end, when the purpose of your NGO gets fulfilled it is all worth it.