While there are many good practices we can adopt at programme level, there are sector gaps in the availability and accessibility of support for community businesses to develop their financial capabilities. We explore what it will take to address sector gaps and build a more supportive ecosystem.
Power to Change’s Financial Capabilities pilots – one delivered by The Women’s Organisation, and the other by Locality – aimed to strengthen community businesses’ financial management and decision making. Each project took a different approach, and we share below the initial learnings that have emerged from both pilots.
Power to Change recently commissioned a study on the value that volunteers contributed to community businesses. In this blog, Sarah Thelwall describes some of the findings that might be useful for community businesses.