Spiritual Retirement Center for Priest and Religious Business Plan

18 Executive Summary Spiritual retirement center for priest and religious will be a society of charitable fraternal clergy beneficiary association headquartered in the United States of America. It will be founded in order to help retired priests and religious people be assisted in their living condition and let them have a suitable prayerful environment where they can call a home and where they can practice their vow as they aged. SRCPR will be an independent non- profit organization that will be seeking to help the aged and the clergy and give them a place to call home. The founder of SRCPR is an individual who is experienced governance, social work, enterprise development among other fields. This organization seeks to help the elderly and the clergy, above that it will also seek to be having a nursing home for the elderly where they can be attended to when sick and also be given basic needs.

• Challenges in budgeting: Having a steady income from any source is hard for nonprofits, so it will be hard to budget.   • Trust: Attracting the right staff whom one can trust will be challenging. • Nonprofit culture: The struggle to find a framework that truly works for this agency. The organizational plan Mission statement The mission of SRCPR is to support both diocesan and religious priests with other clergy in their retirement, in appreciation for their unlimited years of service to the church, the organization will seek out in assisting retired priest and other clergy to find a suitable and prayerful environment where they can call home and be supporting each other in order to remain focused in living their spirituality and vows to the end as they aged.

Goals The main goal for this organization is to create a suitable living environment for the retired priests and the clergy where they can be supporting each other spiritually and keep their vows in old age. • In charge of recruitment. • Liable for processing of salaries. • In charge of evaluating the success of the organization. • Responsible for the signing of all organization checks and other important documents of the organization. Administration head: • Will be responsible for the management of the daily activities of the back-end office. • Responsible for the management of organization website and other social media profiles. • Liable for training of staff on emailing and other communications. • Liable for the development of promotion materials and also brochures for the organization. • Reporting to the administration head.

• To perform other duties as may be assigned from time to time by the organization. • Responsible in representing the organization in all the meetings which occur and related to it despite the location and working hours. Customer service officer: • In charge of managing front desk of the organization. • Ensuring that all clients are provided with best customer experience. • To build good relationship with the clients during conversations over phone. • Reporting to the executive director. • Responsible for ensuring that the toiletries and other relevant supplies don’t run out of stock. • Responsible for cleaning the interior and exterior of the organization. • Reports to the customer service officer. • To perform other duties as may be assigned from time to time by the organization.

Interns /Volunteers: • Responsible for serving as ushers when programs are being run by the organization. The following are the services which are going to be offered by the organization: • The agency will be assisting the clergy in their spiritual needs. They will have a chapel and a spiritual center which is a place for retreats with a suitable atmosphere with all essential requirement needed for their spiritual growth. • Recreational room that will content all recreational activities and an activity room where they go to do some creative activities like the gym that will keep them active and fit. • Apartments for those who want their privacy will have it. • A refectory where all will be required to have meals together like families and three meals will be provided each day.

Marketing plan Proposed web address. The organization has to have its own web address and it has to end with. org. www. spiritualretirementcenter. $1,000 Insurance $4,000 Expensed Equipment (computer & software) $3,000 Other $3,000 Accounting $3,000 Total Start-up Expenses $82,000 Total Requirements $82,000 Financial Year 1 costs ASSETS First Year Current Assets   Cash 50000 Accounts Receivable 68000 Inventory 3000 Total Current Assets $ 121,000 Fixed Assets   Buildings 68000 Equipment 3000 Furniture and Fixtures 1000 Other 3000 Total Fixed Assets $ 75000 Total Assets $ 196,000 LIABILITIES & EQUITY   Liabilities   Accounts Payable 35000 Total Liabilities $ 35,000 Equity   Retained Earnings 0 Dividends Dispersed/Owners Draw 0 Total Equity $ 0 Total Liabilities and Equity $ 35,000 The costs that are provided above will be the total costs that the organization will incur during its start-up and when in full operation. Though the source of funding is still a major problem for the organization, there is some effort which is being put up in order to enable the organization be in operation.

New donors coming on board will help the organization have more funding that will be used in its operations. There is need for the organization to have its own buildings which will house the elderly clergy since leasing and renting will be costly hence making the start-up funding to be more expensive than expected. There is need for acquiring of office stationery and computers which will be used in the organization. This can be a big risk for the organization. Strategies to reduce risks These risks can be reduced by adopting the following strategies. i. ) The organization can purchase workers compensation insurance that will cover the workers and once they are injured they can be attended to. ii. , Pfeffer, S. , & Speckbacher, F.