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A guide to third sector trading - WCVA

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It’s an idea, but is it business? A <strong>guide</strong> <strong>to</strong> <strong>third</strong> sec<strong>to</strong>r <strong>trading</strong><br />

1: Getting<br />

started<br />

2: First steps<br />

3: Business<br />

planning<br />

4: Legal and<br />

governance<br />

5: Funding<br />

and<br />

resourcing<br />

6: Financial<br />

controls<br />

7: Managing<br />

growth<br />

8: Management<br />

and<br />

governance<br />

9: Social<br />

enterprise<br />

10: Sources<br />

of support<br />

• Recognise the need <strong>to</strong> deploy staff who properly understand:<br />

− the ethos of social enterprise, and the aspirations of small<br />

community organisations and charities in particular<br />

− the critical distinctions between sustainability and viability<br />

− the things which <strong>third</strong> sec<strong>to</strong>r trade is good at and those which<br />

they really should not be pushed in<strong>to</strong>.<br />

• Take care of established <strong>trading</strong> organisations which get in<strong>to</strong><br />

difficulty along with fostering new start ups.<br />

• Employ experienced social enterprise consultants where<br />

appropriate <strong>to</strong> provide specialist guidance and support.<br />

238

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