Fast Track to Employment for Refugees & Migrants Programme

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Do you want to help refugees and migrants? Work with us to make a difference

Our Fast Track to Employment program is designed to equip refugees and migrants with the necessary language for employment skills and find them jobs in many of the sectors we cover, including Retail, Hospitality, Care & Nursing, Safety and Agriculture. We have an 80% job placement success rate and increasing demand for staff from employers.

We work with employers such as the Beannchor Group, RGIS, Bluebird Care and many others.

Our unique programme finds practical solutions to the challenges that refugees and migrants face such as lack of childcare, gender-related and geographical constraints and access to employment.

We collaborate with employers, foundations, charities, NGOs and government offices who commission or sponsor this program. We also welcome opportunities to work with CSR managers, philanthropists and other potential employers. Find out more about the programme here – every sponsor makes a difference, all support makes an impact.

Did you know?

Your organisation can help give refugees and migrants a chance to start rebuilding their lives. Our programme can take refugees and migrants from zero level of English and equip them with the necessary language skills for employment within an average of 25 weeks. Social and job-market integration is achieved efficiently and effectively.

Integration of refugees and migrants is beneficial to the host country’s economy and communities alike. For example, for every hired refugee, the UK government saves a minimum of £8,600 per year.

Research has also shown that migrants contribute on average £20bn in taxes to the UK government. In the United States Refugees pay back more in taxes over 20 years in the USA than what they take out of the country. Therefore, integrating refugees and migrants into job markets will beneficially impact the host countries and its residents.

Success Stories

We have a track record of successfully placing candidates who have taken this Fast Track program.

Mourad started work at Little Wing Pizzeria as a trainee pizza chef and is really enjoying his new role –

“Maximpact’s program has provided me with intensive english for employment training and a job placement opportunity. All this happened within 5 weeks!”

Moustafa has settled in well as a pastry chef in the kitchens of the newly opened Grand Central Hotel in Belfast.

Mohamad, who is working at the Merchant Hotel in Belfast –

”  Thank you very much for helping me find a job at the Merchant Hotel Housekeeping team. I found the English language 5 weeks course beneficial. I look forward to having more lessons with you. Thank you all!” 

More candidates are entering the job market as a direct result of this training. Find out more about our Fast Track to Employment program and how you can help changes lives today.

For more details email Caroline Kennedy at carolinek@maximpact.com

For details of all our training and work across more than 200 sectors see www.maximpact.com

Maximpact: Training for Refugees & Migrants to Facilitate Labour Market Intergration

Bill Wolsey, owner of the Merchant Hotel in Belfast is interviewing the refugee participants.

Bill Wolsey, owner of the Merchant Hotel in Belfast is interviewing the refugee participants.

June 26, 2018, Maximpact has organized interviews for all the participants of the English for Hospitality program.

The English for Hospitality language training ends this week and several participants have already found jobs within the sector. Other participants have interviews lined up for this and next week.

Bill Wolsey, the owner of the Merchant Hotel in Belfast, is very interested in providing job opportunities to migrants and refugees. He took time from his busy schedule to come and meet our participants to tell them about the hospitality industry, career growth and opportunities.

At the end of the interview, Mr. Wolsey has set interviews for next week with his HR department to see what jobs they can be allocated.

For more information contact Maximpact at info(at)maximpact.com

Language for Employment and Vocational Training Program to Integrate Refugees Faster into the Labour Market

Today the world finds itself in front of the worst refugee crisis since the Second World War. Culminating with Syria conflict, over 60 million people have been displaced globally.

Countries accepting refugees are struggling to reconcile humanitarian and economic aspects of the ongoing crisis. Supporting repatriation or integration are two possible solutions for mitigating refugee and immigrant experience. Even though supporting sustainable repatriation would be the best solution, that option is not feasible for many refugees, in particular those coming from countries where devastating conflicts are still going on.

Integration of the refugees into local communities is a long process. Statistics show that it takes 5 to 6 years to integrate 50% of migrants into the labour market and up to 15 years to get 70% them employed.

Research carried out by the University of Sussex has identified that some of the most important obstacles for integration occurs due to insufficient knowledge of local language and a lack of the access to employment and vocational training for the sectors in demand for the foreign labour force.

Maximpact brings together the needs of local labour markets and refugee integration by implementing innovative, sector-specific language and vocational training for employment of refugees and migrants.

With its refugee-migrant education and employment program Maximpact offers the possibility to corporations, governments, NGOs and other private and public organisations that to work together towards helping refugees and migrants to rebuild and change people’s lives for the better.

Find out more about the training program

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Are you interested in carrying out or sponsoring Language for Employment and Training for Refugees?

Whether you are a company looking for a corporate social responsibility program, an International Nonprofit Organisation or perhaps home office or government body – you can make a real change in people’s lives by offering refugees Language for Employment and/or Vocational Training program.

Social and economic integration can be achieved faster by equipping refugees with the necessary skills and connecting them to employers.

At Maximpact, we take care of the entire cycle.

Contact Caroline at carolinek(at)maximpact.com

 

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Maximpact Organises Recruitment Day for Women Migrants for the Care Sector

Last Thursday, 21 June 2018, Maximpat has organised a recruitment day at HAPANI office with one of the largest providers of homecare services in the UK. In less than eight years they have grown from one business to 200 delivering 20,000 customer visits every day.

Today, they are looking to help refugees and migrants into employment by providing them with work opportunities and training.

During the recruitment day, it was identified that out of 23 participants only three spoke good English to be hired, the rest require English courses. The participants have been in Northern Ireland between 3 months and 3 years.

Maximpact is now working with their partners to create a women empowerment project to provide women with the necessary training and employment opportunities.

Would you like to support these women to find work? Contact us to see how!

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Sector-Specific Language Skills for Employment

Sector Specific Language for Employment is designed to overcome challenges refugees and migrants face when attending current English courses. These challenges are gender based, religion and discrimination, geographical logistics and teacher’s language barrier.

Maximpact and its team have designed an innovative online live training concept, which has been proven to resolve the problems encountered and increase the rate at which the refugees learn and find work.  Read More

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Job-Ready Vocational Training Services in the Care Sector

Care sector has a shortage of staff and refugees would be a good fit to fill in the job positions.

The training is carried out by the largest homecare provider in the country, ensuring the best vocational training is provided.

Depending on the level of language, refugees and migrants will be given language training for care followed by a 5 day on the job training including practical experience. Training is a blend of online live and on location training. Read More

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Employment Ready Vocational Training in Hospitality Sector

Depending on the level of English, trainees will improve their language skills for working in hospitality and will also receive on-the-job training for developing industry specialised skills.

The language training is carried out online by a live trainer. The trainer applies a highly interactive methodology, which is adapted to each participant. Vocational training is carried out within a hotel or restaurant.  Read More

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Employment Ready Vocational Training in Agriculture Sector

Refugees and migrants are trained in “Harvesting and picking” and “Packaging”.

Agricutlure industry has a shortage of agriculture workers as more young people leave into the city to find white-colour jobs. Read More


Waste Management and its Challenges

Waste Management and its_Challenges

‘Jaipur cows eating trash’ Creative Commons license via Wikimedia Commons

The Importance of Integrated Sustainable Waste Management

To manage waste in an effective way appears to be one of the greatest challenges facing humanity and the planet. The ongoing trend of industrialization and economic growth have resulted in increased municipal solid waste especially in cities with high population. With recent estimates putting the global waste production from cities alone at 1.5 billion tons, and projecting an increase to 2.3 billion tons by 2025, it’s a problem that’s only going to get worse.

The concern is serious, as increasing quantity of waste negatively impacts every aspect of society. Failing to address the problem strategically and on sustainable way leads to the creation of long term environmental and public health disasters influencing national economies on entirely destructive way.

Identifying the needs

If not addressed effectively, waste generated has a negative impact on all countries regarless of their socio-economic development. However, developing countries with less developed infrastructure have further to go in order to tackle the problem. As urbanization continues to take place, the management of solid waste is becoming a major public health and environmental concern in urban areas of many developing countries.

Developing countries often display an array of problems regarding their typical waste management system, including low collection coverage and irregular collection services, unpolished open dumping and burning without air and water pollution control, and the handling and control of informal waste picking or scavenging activities. Development of effective solid waste management systems in developing countries has been even more demanding due to absence of technical, financial, institutional, economic, and social factors.

In other words, developing countries frequently suffer from the lack of human resources with technical expertise necessary for solid waste management planning and operation. This is often combined with insufficient and/or poorly managed funds allocated to resolving waste problems, as well as with weak legislation and coordination among main institutions in charge of waste issues. All these influence on low public awareness and education on waste and its devastating impact.

Where to start then and how to change existing practice? There are several crucial factors involved in identifying the needs of local communities. The adequate assessment of the composition and volume of waste can be a deciding factor in choosing an efficient way to manage its disposal. Other important measures include examining the options for introducing the most effective legislation and regulations, ensuring accessibility of waste for collection, and the existing level of public awareness.

In each country, region and community we must identify opportunities to minimize waste output. This is being addressed in many countries by building a system

Why it’s so important

When efficient waste management isn’t present the impact on the community can be devastating. The waste poses a threat to the environment. Polluted water flowing from dumps and disposal sites can cause serious pollution of the surface water, which can also impact marine life, and ultimately leads to a decline in health of the local population.

A build up of solid waste can also lead to soil contamination, especially during the rainy season, which spreads the secreted toxins at a quicker rate. Relocating waste management to areas sufficiently removed from public spaces to allow for incineration or disposal in a safe manner helps to decrease the risk of exposure to biohazards and reduces pest infestation.

Uncontrolled waste management can lead to medical and healthcare waste being mixed with household waste. This increases the risk of poisoning or injury to children and adults who are working sorting waste.

Indiscriminate burning of waste can cause major air pollution and increases greenhouse emissions. As well as the immediate affect on the local air quality, often accompanied by an increase in respiratory diseases, it also contributes to global warming.

A build up of solid waste promotes the breeding of rats, flies and mosquitos, all of which will cause the spread of disease.

How waste management can help a community

When waste management is handled properly it has several benefits for the local community. As well as avoiding the negative impact of the above problems, it can also be a vehicle for change. Through job creation and an improvement in health whole communities can be given a new lease of life.

Recycling can also be used to reduce future waste by ensuring a portion of solid waste is reused. Whether it’s on a small local scale, or a larger industrial scale, many useful things can be generated from proper waste disposal. Everything from electricity generated through incineration and composting, to furniture being built from recycled plastics, are projects being refined all over the world.

Recycling also helps to conserve local resources by reducing the need to manufacture using new raw materials.

Leading the charge in an ever-changing world

With political instability, social unrest and poverty gripping some nations, the ability to educate and implement efficient waste management can be a challenge. There are several NGOs working all over the world to identify and train key individuals, work with whole communities, and implement sustainable change within municipalities and governments.

Committed specialists with decades of experience are taking it on their own shoulders to help underdeveloped communities to take control of their own waste management, and improve their overall health and local environment in the process. They are being proactive in educating communities, arranging waste collection, and ensuring the infrastructure is in place to maximise the disposal.

Through qualified training, experts and professionals working with NGOs, communities, governments and others in waste related sector can obtain the necessary technical skills as well as training skills and how to train others in the topics.

Maximpact and qualified technical training expert in waste management has designed a training with the following objectives:

  • To demonstrate understanding of the wide range of environmental, health and social issues related to waste disposal and management
  • To understand what skills are required to prevent pollution and to transform waste back into wealth and place that wealth at the service of the community
  • To identify practical, integrated and sustainable solutions for waste management
  • To enhance practical skills of NGOs in delivering waste management projects
  • To obtain training of trainers skill sets in order for participants to carry out trainings to their communities
  • To understand how to transfer knowledge to others

 

Find out more about the training


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About the Training-of-Trainers in Waste Management

Your greatest asset is your knowledge.

Maximpact Trainings are carried out by a live trainer through an online conference classroom, where participants are able to ask questions, participate in discussions and conduct practical exercises.

This method of delivering training is one of the most efficient ways for you to obtain the needed knowledge within the set training days. This is perfect for those who find it difficult to set time aside to do self-paced e-courses.

Training is carried out by a technical field and training expert. This allows the participants to receive today’s most advanced information on industry practices and know-how.

Participants will acquire not only first-hand knowledge but also essential tools, tips and tricks to carry out their job tasks on the most efficient way.

The training is designed around the “Learning by Doing” methodology, where practical exercises simulating real life situations will be comprised of 60% of the training.

Upon successful completion of training you receive a certificate acknowledging your training accomplishment.

After each training, Maximpact offers post- training mentoring virtual assistance where trainees can reach out to the expert trainer for further advice and support.

Find out more

Why Training is Important?

If you were given the choice between two different pilots—one was trained, the other not—which one would you choose? But what if there was no “up-front” cost for the untrained pilot? You still wouldn’t do it? Yet many business owners do not recognize the importance of employee training.

Reasons for training are:

  • Training boosts motivation and self confidence resulting in happier staff
  • Staying up to date and ability to perform different skills will keep your value higher
  • Obtaining new knowledge and skill sets will impact positively on your performance both quantitative and qualitative
  • Increased productivity and possibly fee/salary increase

Don’t miss your opportunity to invest into your own capacity.

Register now


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Persuasive Writing: 3 Powerful Tools to Achieve Your Goals

Writing

Whether you’re composing a compelling e-mail or a presentation for investors, it’s crucial to write clearly, succinctly and persuasively in order to attract the interests, and impress your readers. Writing is one of those tricky activities, simple to set ambitious goals on but hard to do. 

Emails, reports and other types of written communication written poorly can shape a person’s perception of you, your business, or your proposal. Nailing your writing can bring a new level of clarity to your communication skill, which will increase the impact of your message and create a lasting impression. Effective written communication makes all sorts of things easier on everyone involved and much more efficient.

Very few people have the ability to write smoothly and faultlessly. Most of us face many challenges in translating our thoughts into clear written form. The good news is that everyone can learn to write clearly and persuasively. Here is how: 

Top 3 Tips for Persuasive Writing

Persuasive writing incorporates a multitude of easy to learn aspects. Some are guidelines to keep in mind, while others are practical tips you can implement immediately. Check out 3 most important points every successful communication will do well.

For more tools do the 1 day LIVE online training on how to write persuasively – click here for more information.  

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1. Stay on message 

You know the main message of your writing. Make sure your audience does too. Well-formatted repetition will help you to achieve this. The reason information sinks in and becomes memorable varies between different people.

Make sure you express your message in as many different ways as possible. Say it directly, incorporate it into a story, use practical examples, and select a memorable quote that reinforces your message.

2. Explain why

While you may have a fantastic idea or a great product, people are much more receptive to your message if they understand why it will work. Provide an explanation that incorporates supporting information in a succinct and straightforward way.

Answer ‘Why?’ works both ways. You can also use it to address potential hurdles and objections. This allows you to preempt all the ‘Okay, but what about…’ moments before they happen.

3. Extrapolate

Once your audience understands your message and the reasons why it needs to happen, you can begin to give them a glimpse at the wonderful outcomes that will undoubtedly lie ahead.

It’s important when you paint this picture to ensure it’s firmly planted in reality. Simply creating a wonderful scenario that has a very slim chance of materializing will diminish your credibility beyond the point of no return.

Practical writing tips

When you’re writing something that needs to be persuasive it’s important to refine your writing for maximum focus. Remove any dubious punctuation or grammar. Take out any unnecessary words. Read every sentence and ask yourself if you could say the same in fewer words or in a more impactful way.

Your goal should be to say as much as possible in the fewest number of words, all while reinforcing your points in a clear and concise manner that will get the desired reaction from your audience.

You can learn a lot in a short amount of time

Whether you consider yourself a good writer, or you’re never sure whether to use ‘have’ or ‘has’, a professional writing course can have a huge impact on the quality and persuasiveness of your writing in a short amount of time. It’s an investment that will pay out for the rest of your life.

You need just ONE DAY to attain writing level that will give you confidence to express your ideas and grab the attention you deserve.   

Training

Taking Action on Youth Employment

Taking Action on Youth Employment

 Jordan, Middle East, February 7, 2018 – Maximpact Training Network would like to present one of it’s partners Jordan Education for Employment (JEFE).

JEFE was established in 2006 as the first affiliate in the Education For Employment (EFE) Network, and today is one of Jordan’s leading youth employment organizations. Based in Amman, Jordan EFE operates across Jordan, particularly in under-served areas in Irbid and Zarqa.

The EFE Network extends across Egypt, Jordan, Morocco, Palestine, Tunisia, Saudi Arabia and Yemen, with support hubs in the USA, Europe, and the UAE.

JEFE’s impact is astounding:

  • Over 5,300 youth in Jordan linked to employment and the wider world of work.
  • 54% of Jordan EFE graduates are young women.
  • 191 employers have hired Jordan EFE alumni.

Their latest program “Jordan Competitiveness Programme” was implemented with the support of USAID to help train and better prepare 853 beneficiaries, of whom more than 600 were placed in full-time jobs. The programme, launched in 2015, has already placed 600 new graduated in private sector. As part of the programme, JEFE led 26 training sessions to better prepare the new graduates for the Jordanian job market.

JEFE, through sponsored programmes, prepares and assists youth and women for employment.

Read two stories of how JEFE helped Hala Hourani (sales assistant) and Shatha Al Qurashi (entrepreneur).

Hala Hourani , JEFE’s Alumna.

Hala Hourani , JEFE’s Alumna.

Hala Hourani

Hala Hourani is a 21-year-old female living in Amman. Hala found herself yearning to pursue a meaningful and fulfilling career; but she had to overcome many obstacles along the way. After her parents retired, she wanted to provide for her family. She hated asking her parents for money and began feeling like a burden to her family.

Hala loved working with people, so she obtained a diploma in Tourism Management and Hospitality. Despite her hard work, Hala had to face the harsh reality that her diploma did not guarantee her a job. She searched for employment for five months, which caused her to be stressed and emotionally exhausted. Hala said, “I began to feel useless. I worked so hard for a diploma and it was put to waste.”

Hala then found hope when she discovered JEFE and enrolled in the hospitality program funded by Drosos Foundation. JEFE provided her with soft skills she needed to work in any hospitality position. She also began to learn the technical skills needed to work in a restaurant and now feels that she can work in any position inside of any restaurant.

Hala not only learned the technical and soft skills needed to work in a restaurant, but she also gained confidence in doing such. Hala’s instructors bragged about her ability to learn quickly. This positive encouragement gave Hala the confidence she needed to find a job. Hala not only learned the skills she needed, but she said she learned how to be a better version of herself. Hala said she now feels confident to accomplish anything that comes her way.

After Hala’s training, JEFE provided her with a job working at Paul Café and Restaurant preparing the various displays shown throughout the cafe.

Hala became passionate about her work and loves her new job. She loves getting the opportunity to work and communicate with people from all over the world and she is enjoying using her creative skills to prepare all of the displays inside of the restaurant.

Hala said she has found the meaning to life. When talking about her plan in the future, Hala said, “If I work hard enough, I want to become a manager of a restaurant. Or possibly own my own restaurant. Without JEFE I don’t believe I would be this optimistic about my future.” With the support of her family and JEFE, Hala has become an example to women around the world to follow their passion. Hala is proud of her job and is excited to continue her career.

Shatha Al Qurashi, JEFE’s Alumna.

Shatha Al Qurashi, JEFE’s Alumna.

Shatha Al Qurashi

Facing a difficult job market, many young university graduates experience that obtaining their degree does not necessarily equal finding a job. Amongst the many struggling to find opportunities to make a living, one was Shatha Al Qurashi (24 years) from Ajloun. For her, the solution was a job training program. In about one year, she went from being unemployed to becoming her own boss.

After graduating with an accounting diploma from Balqaa Applied University, Shatha was looking forward to find a job that would enable her to provide for her parents; a housewife and a retired father from Ausara- Ajloun, as well as her 14 siblings. After 18 months of resultless searches for a job, she began to lose hope.

Fortunately, she stumbled upon an advertisement for a garment assembly line course for women in Ajloun. Offered jointly by UNDP and JEFE under the “Youth Employment Generation Programme in Arab Transition Countries”, the course mission extended beyond training, and promised to facilitate actual job placement for all participating trainees.

Curious about this opportunity, Shatha decided to give it a chance, despite the fact that she had no experience in sewing or garment assembly. By the end of the two-month program, Shatha obtained the practical training needed to become a garment assembly line professional. According to her own testimony, she quickly “started to love sewing and the whole garment industry”. As a part of the program, she was also trained in leadership and entrepreneurial skills, and she asked herself: “Why should I stop at working in a factory? I am capable of becoming my own boss”. Her goal was to start up a business that would allow her to not only make money to support her family, but also help other women by employing them.

Less than a year later, she opened up her own tailoring workshop in Ebeen, a vibrant area in downtown Ajloun. Her workshop is gaining a posi- tive reputation in the local market for its quality production, and she has already signed several production agreements.

Shatha’s vision for the future of her business includes buying more sewing machines and increasing her workforce to 15 female employees. She even envisages herself opening up her own factory in the future. In the meantime, she strives to be a source of inspiration for local women, underlining that with hard work, dreams can be realized.


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Stress in the workplace is a real problem

Stress in the workplace is a real problem

Protect yourself against stress, anxiety and becoming burnt out in any work environment.

Stress in the workplace is a real problem. When you become aware of the high percentage of people reporting excessive stress levels at work in the United States, it’s easy to understand why more than a third of employers offer stress management and reintegration programs, to minimize the financial and health impacts excessive stress causes.

The vast majority of these statistics are taken from what many would consider a normal working environment, only leaving us to speculate at the magnitude of the problem when people work in challenging environments. Their workload or interpersonal relationships with colleagues are unlikely to feature in their list of main stressors. 

The reality we must learn to face

For many people working in locations with severe social problems or political unrest, traumatic events can be a regular occurrence. Failure to be proactive about your own mental capacity to handle these situations can leave you initially feeling burnt out and disengaged, and in the most extreme cases can even cause PTSD. 

The effects on your day-to-day life are more far reaching than many realize. Exposure to such atrocities can accumulate into a debilitating illness, one many people never recover from. However, the fact these places are in such a state of turmoil means they are more in need of outside help. You can maximize your impact and safeguard your ability to continue helping people while living a productive life. 

The keys to empowerment

Entering a potentially stressful environment with no forethought for your own mental health is akin to driving down a busy road wearing a blindfold. You might get extremely lucky and make it to the other end unscathed, but the vast majority of people will have a crash. The severity of this crash, and the lasting effects on our ability to perform our job, vary from person to person. 

Gaining an understanding of both the causes and warning signs of suffering a burnout puts you in control. Learning specific coping mechanisms and strategies to counteract the potentially devastating effects can mean the difference between continuing to contribute in a productive way, or being unfit to perform your duties. 

What you need to learn

Our continued exposure to stress can build in a gradual way, sometimes going unnoticed. It’s only when it’s too late we look back and reflect on the warning signs that were there all along. This is why it’s crucial to act before you are in this situation. An emotional breakdown, burnout or PTSD are not conditions you want to try to fix after the fact. 

You must learn:

  • How to spot the earliest warning signs so you can act
  • To identify your own triggers, or recognise an accumulation of stress
  • To acknowledge the mental and physical ways stress inhibits your productivity and happiness
  • Techniques to help you overcome potential harm quickly and return to a state of wellbeing
  • To stay balanced no matter what your job or life throws at you

To achieve this you must develop an inner strength that allows you to deal with any situation. Gaining a better understanding of the process you go through mentally and physically will empower you to take your stress levels into your own hands, developing an action plan to prevent you becoming a victim, and increase your confidence in your own ability to use the tools you have to tackle any increase in your stress levels head on. 

2-Day Stress and Burnout Management Training 

Burnout syndrome: a disease of modern society! Learn how to control your daily stress and avoid devastating consequences of burnout through a 2 day online live training. 

This is a comprehensive 2 day live online stress management training, offering practical solutions to reduce workplace stress and avoid and mitigate burnout syndrome.

This burnout prevention training is indispensable for all those working in highly stressful working environments. Implementation of this training is of vital interest also for business owners as burnout problem in the workplace, costing companies millions of dollars in lost productivity, disengagement, and health insurance costs.  

This training course will instruct you about all you need to know to recognize stress and burnout. You will get practical tips how to manage them, both on an organizational and personal level.

Learn more about the training and sign up here.

Stress


Dr Diwakar Sukul is the founder and director of the KAMKUS Clinics in Harley Street, London. He is also the developer of the concept of the Multi-Dimensional Healthcare, Body Mind Energy (BME) Assessment, Eastern Psychotherapy and Mind, Body Connective Therapy™.

 The creation of Kamkus reflects a lifelong vision inspired by his beliefs, that holistic and traditional medicine should work together addressing all aspects of the person in an integrated way. Dr Sukul possesses a Ph.D. in psychology. He has a background in clinical psychology and psychotherapy, Ericksonian Hypnotherapy and NLP.

Diwakar is an acknowledged expert on stress, anxiety, emotional health, personal development, and spiritual wellbeing. He is also trained as a Field Traumatologist and Compassion Fatigue Educator and Thought Field Therapist. He was the consultant at London’s Hale clinic for several years. He has received international recognition for his work with alcohol and drug addiction at Turning Point UK, which he treated with a unique blend of Eastern and Western approaches.

The trainer has conducted several national and international seminars and workshops on stress management, multidimensional healthcare, addiction and other health related problems. He has been a keynote speaker at a number of international conferences. He has delivered training and workshops in U.K, USA, Switzerland, France, Germany, Saudi Arabia, Egypt and India.

His major field of interest has been addiction, stress management, past life therapy, therapeutic intervention, compassionate fatigue, hypnotherapy and neuro-linguistic programming, complementary and integrated healthcare.

 

What Should Your Grant Proposal Include?

Grant proposals can play a huge role for certain NGOs. Therefore it’s important to know the correct format, and how to maximize your grant writing to capitalize on every opportunity for funding. Here we’ll take a look at some of the good practices you can implement straight away.

Understand the requirement

This may sound obvious, but it can be easy to get into a routine of writing grants in a particular format and using that same format no matter what information is actually needed. The documents needed initially can vary, from simply a concept note to a full blown project proposal and everything in-between. Read and list all the requirements of the application. Only provide what is asked for, as lots of unrequested documents, no matter how proud you are of them, will just likely annoy the recipient.

The grant process is generally separated into 2 stages:

  • Stage 1: Concept Note or online application. Online application asks questions about your project such as what is the project you are looking to raise funds for is about. What will your project do?
  • Stage 2: Project Proposal which includes detailed information about your project idea is asked once your project has been shortlisted.

Grant application will include the following important elements, and even if not all of it is initially required, it probably will be at a later date in some form.

Concept Note or Application

When you are looking for grants, you are looking for a grant for a particular project not for your organization. This is very important to understand and distinguish between grants and donations.

Grants fund a particular project, whereas donations are given to organizations, people, specific event etc.

Grant applications would either require you to submit a concept note or fill in the online application.

At this point it is very important to have your project idea set out. Understand the goals, objectives and outcomes and how will those outcomes be measured. For example, your project is to train youth to find work in the agriculture sector:

  • Project goal is to influence on decreasing youth unemployment in the specific country 
  • Key project objective is to raise qualifications and skill set of unemployed youth in agriculture sector  order to increase youth employability
  • Project expected outcome: five trainings delivered to 100 youth in the project period
  • Indicators of achievement: Measurement of what percentage of trained youth found employment in agriculture sector 

Only well presented and carefully planned projects may  be shortlisted. Therefore, to increase your grant funding success make sure you have proper answers to all the donors questions including a sound budget. 

Project Proposal

Once your grant application is accepted, you will be asked to submit your project proposal. This is the roadmap of your project, outlining Who, What, How, When and Where of your activities including indicators of achievement. Donors need to know how will you measure your project’s success.

Below outlines several important elements of the project proposal, however, if you are not familiar in writing project proposals get training on how to write project proposals or assign and learn from an  specialist on how  to structure  your project proposal.

Contact info@maximpact.com and we can help you find the right expert to work on your project proposal or organize training for your organization to get trained in writing  winning proposals. Getting the training is a far more sustainable solution if you are an NGO that has many projects that require funding at some point time. Having your own staff trained will increase the efficiency of in your proposal writing and success of your grant applications.    

Cover Letter

First impressions count. It might not always be fair, but that doesn’t make it any less true. Your cover letter is your chance to make an initial impression. The feeling the recipient has at the end of reading it will be carried into the more technical documents he/she reads afterwards. If it is longwinded and flat it will create little to no impression, or even worse, a bad one.

So what should you do to give your cover letter some teeth?

  • Be succinct: Clearly introduce yourself and state the purpose of the proposal. When you edit your letter get rid of all the unnecessary words.
  • Convey passion: Whenever possible, talk directly to funding agency  to make it more personal. Tell them why this project matters. Make them care.
  • Be confident: You will get a lot further if people believe in you. This is far easier for them to do if you believe in yourself. Pick the language you use to reflect this. Don’t say ‘I would like to raise x for’, say ‘I am going to raise x for’.

Finish on a polite note. Thank them for their consideration.

Executive summary

In terms of succinctness, tone and purpose the executive summary is probably best viewed as a continuation of your cover letter, even if it will be seen as a separate document. This is where you clearly and accurately state the basics of what you’re asking for. How you will implement the project and the results you expect to achieve. It is often best to write this towards the end of the process, as you can highlight all the key points from other areas of your proposal and include them here.

The length of this can vary greatly depending on your actual project, but we’d recommend it to be no longer than a page. A lot of projects only require a few succinct paragraphs.

Be as transparent and upfront as you can.

Need Statement/Goals And Objectives

This is far more technical than the previous parts. If you’ve done a good job so far they should reach this point eager to find out more, and this is where you give them more.

Here you can explain the full project, including all the technical aspects and potential problems you have already solved. You can elaborate on the practical side of the difference your project can make. Stress the importance of the problem you’re working to help with, and why you’ve chosen the planned solutions. Show the human element and the positive practical results your project will create. You can include statistics and research that supports the path you’re proposing. Refer to studies of experts in the field. You can also present your own data supporting your decisions.

Quantify your goals and what you hope to achieve.

While this part can be a lot more detailed try to minimise industry specific jargon. You want to be detailed, but not so technical they can’t understand half of what’s written. Remember the reader probably doesn’t work in your area of specialty. Keep the language simple and the points clear.

Method Statement

This is where you can break down the specific methods you will use to deliver the objectives. The methods should fall in line with the objectives and the resources you’re requesting in your budget. You can also highlight the roles of key personnel in helping to achieve the objectives. If any specific method you are using has several alternatives, then explain why you opted for the method you did and back your thoughts up with data and evidence.

The method should be presented in chronological order, so as the reader progresses down the page they are progressing in time towards achieving your goals.

You can also create a list of all the machinery and resources you will need, or incorporate the plant and machinery into the timeline as and when the need for it will arise.

Once the above is complete you can read through it looking for any parts that are out of order, or just feel disjointed in some way. 

Ongoing Evaluation

Here you can explain what data you will record on an ongoing basis, and how they will be able to measure the amount of good their dollar has done.

Other Funding

Here you can list all of the other investors, grants and sponsors who already have a level of commitment to the project. You can also provide any additional information for future funding if the project could end up longer term.

About Us

Just like its namesake on your company website, this is where you can provide a history of your organization, including any relevant personal history, They need to know why you can be trusted with their funds. Whether you inspire this trust using past experience or an impressive board overseeing everything, you can use this space to help instill confidence in your NGO’s ability to deliver.

Budget Projection

This short budget should include all your income and expenditure forecasts for the project, and be as comprehensive as possible.

Additional information

You can include any other relevant information here at the end of the proposal. Some of this may just be information you have referenced to in the proposal itself, while some of it may be additional information they have specifically requested. Perform a final read through to ensure you’re happy with the way it flows, and the way it represents your project. If you’re not then edit the relevant place accordingly. If you are happy with everything then get sending.

Get some more tips and tricks or help on how to prepare your Cover Letter, Concept Note or Applications and projects by contacting Maximpact at  info@maximpact.com

Good luck!


How Capacity Building Training Increases The Effectiveness And Sustainability Of NGOs

The advantages of capacity building training run far deeper than you might initially think. Instigating both general and targeted training can change the whole feel of an organization to those working or volunteering for it. It shows a commitment on the NGO’s part not just to the mission at hand, but to the individuals on the front line. This willingness to offer more to your personnel makes the whole feel of the NGO more professional and dynamic. It keeps you at the cutting edge, and breeds loyalty amongst those you rely on.

Here we’ll take a look at some of the well-documented advantages, as well as a few lesser-known ones that are more specific to NGOs.

General Advantages To Capacity Building Training

There’s a long list of well-known advantages to continued training. Here are just a few of them:

  • Organizational skill building: Training allows organizations to foster in-house skills. Qualified team is the most valuable asset an organization can have. Developing in-house skills builds operational efficiency and successful achievement of long-term goals. 
  • Change Management: This is paramount for all organizations, especially those dealing with expansion of organizations or perhaps changes to their current policies.
  • Communication: An understanding of different perspectives and views can help us to communicate more effectively between team members, partners, networks, donors, communities and other stakeholders.
  • Ethical responsibility: NGOs are often working towards a bigger goal in communities or areas with susceptible individuals. Understanding the importance of the responsibility to act ethically is essential for front line personnel.
  • Quality improvement: Maintaining or exceeding the expected standards requires an understanding of the quality concepts.

In addition to these there are many other areas, including raising awareness about their mission. These all play a key role in a modern and productive work environment.

Lets be specific

This is where the benefits can be quantified in a much more specific way. By creating a training program specific to the skillset required for the effectiveness of your NGO you allow us to target key areas of your organization where gains can be made. We provide this service for different industries, such as agriculture, but lets look at our flexible program aimed at Agriculture, WASH (Water, Sanitation and Hygiene) and Waste Management

Agriculture Training-of-Trainer (ToT) program provides the tools to organizations to train youth, women and communities in agriculture sector. This ToT program also covers the methods by which small holders can combine their resources into effective cooperative interest groups and form linkages with NGOs and funding partners. By informing and providing a framework for success lenders, NGOs, farmers groups and individual growers can form a united value chain, linking the economic development of the region to the demands of national and global markets. With insight into regional challenges and an appropriate skillset to revitalize agriculture, Maximpact training program can help to improve agribusiness and allow opportunities for small growers to participate fully in local and global markets.

WASH related problems often involve personnel being on the ground in unstable regions. To operate to maximum efficiency an understanding political, environmental and social factors all need to be taken into account. These aspects purely deal with improving areas related to operational efficiency, but these aren’t the only challenges faced.

Waste Management ToT program is designed for organizations such as NGOs, civil society organizations and businesses to carry out this program. Professionals coming from the NGO sector require both integrated knowledge on waste management and the capacity to transfer that knowledge further to the target groups identified by their programs.

The NGO sector is supposed to act as the agent of change for impactful and sustainable project implementation in this sector. For that reason, we at Maximpact believe that by empowering local non-profit organizations with skills, knowledge, technological solutions and business opportunities our expert trainers will create new trainers capable of training others.

Often a large part of projects is not just to give people the resources they require, but to also communicate the most up to date information in a way that will be assimilated by the community and help them accomplish and maintain the needed changes.  These programs can be specifically tailored to strengthen your NGO’s ability to provide technical and operational solutions in the Agriculture, WASH and Waste Management sectors.

Many areas can be incorporated or omitted as needed by individual NGOs. It can include relevant health and social issues, including disease transmission, management and prevention. Elevating the skills of the sector to deliver on the promises made by individual programs. Incorporating integrated planning to allow for smoother progress from management to the front line.

Integrated knowledge

This approach allows you to strengthen exactly where you need to strengthen. It can take your NGO from being the equivalent of your average keep for enthusiast that puts in all the effort and enjoys slow results, to becoming a professional athlete who understands all the finer aspects of training and works on weaknesses to eliminate them as much as possible.

Get in touch today and find out about taking your NGO to the next level with tailored training from Maximpact.


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How can your NGO organize ToT training?

NGO’s by their very nature are not concerned with the accumulation of wealth. Whether you are classed as charitable, community based, national or international, the outlook and goals are usually far more long term.

Financing these goals usually takes a lot of effort and commitment from dedicated people within the NGO whose passion drives the project forward. This leaves little funding for anything other than the absolute essentials needed to fund the NGO itself, and while many have operating budgets of 100’s of millions, many also rely purely on volunteers.

This can create a conflict between the general ethos of an NGO, and their potential to utilize training to become more competent and efficient, ultimately helping them to increase sustainability and growth. Fortunately there are many options open to an NGO that wishes to broaden the skillset of their staff and volunteers in relevant and practical ways.

Possible ways to fund training

The options available to your NGO will in part depend on the nature of the organization. No matter what source of income you rely on, private donors, public or government grants, membership fees, or just simply the goodwill of others, we have purposely selected ways to raise funds or reduce costs that will work for the majority. 

Short term:

Proposal: Put together a small proposal to submit to donors or government to raise sponsorship. The benefits of training are well documented, and a very strong case can be made that’s equally as beneficial to your donors or supporters.

Reduce the cost: When you are organizing training why not reach out to other NGO’s that would also benefit from the training. This allows you to split the cost between the organizations, and makes the training even better value for money.

Network: Larger NGO’s will usually have a primary supporter, or a board full or people that aren’t being fully utilized. Don’t be afraid to ask about potential companies or sponsors they may be aware of.

Long term:

Incorporate Training: In the longer term it is advisable to incorporate training into the grants you seek for projects. The training will be relevant to the project, and help the effectiveness of the NGO in achieving its goals. Funding training this way can also help with keeping the overhead percentage to a minimum.

These are just a few general suggestions. There may be other ways that are more specific to just your NGO. For example, if you have membership fees you could ask your members to contribute an extra (possibly optional) nominal amount as part of the fee to fund the training. Nobody knows your NGO as well as you so get creative. NGO’s who are funded by corporations may be able to leverage plain old-fashioned good will. Companies like a return on the money they invest, even if that return isn’t financial. Showing the many ways the training will benefit the NGO, and ultimately the beneficiaries of the NGO’s work can create a feel good factor for donors.

Why is it worth all the effort?

The advantages of training are well documented, but many think that because they already have experience and everything is working, it is an unnecessary expense. Every industry is continually progressing, and if you’re standing still you’re effectively going backwards.

At Maximpact we specifically tailor the training to the specific needs of the organization. This makes a persons level of experience far less relevant, as the training will be customized for their specific needs. If this isn’t incentive enough then here’s just a few of the other benefits of continued training.

  • Increased morale among employees and volunteers
  • Increased motivation
  • Higher capacity for adoption of new methods and technologies
  • Reduced level of personnel turnover
  • A higher level of efficiency in their role

Ability to provide training as a service by the NGOs creates an extra revenue stream and decreasing their dependency on donor funding.

The primary goal of all of this is to strengthen the potential of your NGO to achieve its goals. Whether the purpose of your NGO is to help your local community or change the world, the environment you work within is fluid and ever evolving, so make sure your NGO stays as relevant and capable as it possibly can by evolving along with the world around it. The best way to ensure this is regular and tailored training specific to your employees and your goals. Lets make our efforts as sustainable as the world we are working towards building.

Interested in providing your own training programs but need training on how to create training programs? Contact info@maximpact.com


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NGOs Grow With Maximpact’s Training-of-Trainers

Capacity building and NGO’s external benefits (accountability to donors and local communities)

For many years now, NGO sector has been acting as an agent of change empowering and fostering local communities towards sustainable socio-economic development.

NGO programs that focus on peace building, democratic governance, human rights as well as fighting poverty and inequality are implemented around the world.

Yet, no matter how many successful projects have been created, in the final phase of implementation the last challenge remains – ensuring project sustainability.

To increase the chances that activities and policies fostered by NGOs will be integrated and utilized within targeted community groups upon project completion, it is helpful to have people within the project target group who know how to maintain new practices and policies once the NGO staff has completed their mission.

One of the most effective ways to carry out this goal is capacity building.

Capacity building has become one of the most important measures for ensuring project sustainability and is requested by the donor community.

Building the capacity of NGOs and projects to change negative perceptions, inefficient practices, and harmful behavior of governments, decision makers and policy makers is an emerging requirement usually implemented by reputable, successful NGOs.

Ensuring that NGOs have the capacity to undertake this important outreach means training NGO staffers, who will then be able to effectively communicate with community members and train them to carry out the core necessary tasks to ensure project sustainability and positive impact.

NGOs can build upon the success of their core programs by sharing their skills with others in the community, whether that community is a village, town, state, country or the entire world.

But the sharing of skills is a skill in itself. It requires training to sharpen effective communications strategies, including active listening, outreach that will be accepted by the community, assessment and follow up.

Maximpact provides need-based and sector-specific tailored training to strengthen the capacity of NGOs, projects and programs worldwide. Organizations can carry out training in any area they need, such as fundraising, or select Agriculture, WASH and Waste Management Training-of-Trainers.

The Internal Benefits of Capacity Building for an NGO

Capacity building is required to demonstrate an NGO’s accountability for and sustainability of project results to donors and local communities. It also is essential in growing the internal abilities of an NGO to perform its mission in the most efficient and effective way.

In order to adapt to the fast-changing environment of development and humanitarian assistance, many NGOs require new skills of their staff members. Internal communication and coordination of complex programs can pose challenges to staffers. Strengthening their ability to collaborate with partners becomes even more important.

Through its Training-of-Trainers programs designed for NGOs, Maximpact offers solutions to these and other common challenges faced by the NGO community.

NGOs benefit through such programs. By becoming trainers, NGO leaders can extend their services, enhancing the reputation of their organization and generating new revenue streams.

While building their own skills as trainers, NGO leaders are empowered to motivate community members to become trainers themselves, expanding the knowledge of the whole community.

ToT in WASH, Waste Management and Agriculture / TRIPLE BENEFIT

Maximpact offers customized training programs designed to serve NGOs working in the field of AgricultureWASH and Waste .

These programs offer triple benefits. They train participants in: technical, operational and preparation skills.

The Maximpact Training-of-Trainers program will graduate a competent and enthusiastic staff of trainers equipped with the skills and resources to transform local areas through sustainable agricultural methods tailored to local conditions and cultures.

The Maximpact Training-of-Trainers program for WASH consists of 11 main modules covering water pollution, water scarcity and climate change; and the practical possibilities for sustainable financing.

The Waste Management Training-of-Trainers program will introduce recent technology and most advanced techniques in waste management.

All these programs are expected to raise the skills of the NGO sector to create and deliver their own WASH, Agriculture and Waste capacity building programs.

Based on the specific needs of an NGO, the Maximpact Training-of-Trainers programs offer the flexibility to select one or more of the presented modules and/or request training in any additional sector-related topics.

Maximpact will adapt the program to the local context where trainings take place, as well as to the nature and knowledge level of training participants.

All Maximpact programs are in line with the United Nations Sustainable Development Goals, incorporating the climate change and gender aspects of these ambitious goals.

To ensure sustainability, Maximpact has created a Post-Training Mentorship Program to further support the training participants in applying their training to their day-to-day work.

Participants of Maximpact capacity building training programs enhance the socio-environmental impact and sustainability of their NGO projects. Their communities experience upward economic mobility as the graduates, in turn, teach local enterprises the skills they need to succeed.

Implementation modalities and service conditions

Maximpact trainers can provide either virtual or in-house training, or both.

The training service fee will depend on:

  • the number of topics or modules selected
  • the mode of training delivery – in-house or virtual
  • the number of days during which the training will take place
  • the choice of national or international expert to conduct the training

To get started, the NGO fills in the pre-training assessment form, click for link: Maximpact Training Form

Then, Maximpact finds the right expert and submits a service proposal to that expert for review and approval.

To receive a quote for your organizations training, please contact info@maximpact.com.


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Maximpact Train-the-Trainer Sessions Build Capacity

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By Sunny Lewis,

Train-the-Trainer is a proven method of sharing knowledge that’s efficient and effective. Experts guide would-be trainers to achieve the skills that they themselves have already mastered – how to train others to share knowledge.

These are communications skills like active listening, accurate observing and helping participants to link the training they receive to their own jobs.

The trainees learn to present information clearly, respond to participant questions and lead activities that enhance and reinforce learning. They learn to share information in formal ways such as delivering courses, hosting workshops and presenting seminars and also in informal discussions.

Whether formal or informal in practice, Training of Trainers (TOT) is a high-level professional learning process whereby qualified trainers provide capacity building assistance for implementing evidence-based programs.

Maximpact is now offering custom-tailored capacity building training for nongovernmental and civil society organizations, associations, cooperatives and private companies that utilizes the Training of Trainers model.

Expert Maximpact trainers offer training in essential skills such as strategic planning, human resource management, fundraising, investor readiness and business development.

When trainees complete these tailored, hands-on, interactive workshops, they can go on to train people within their own organizations or out in the communities where they work, growing their own skills and helping others to grow too.

One of the world’s largest conservation organizations uses this approach in working with communities to help them conserve the natural resources on which they depend and respond to disasters when they strike.

World Wildlife Fund works in 100 countries throughout the world directly with humanitarian organizations, governments and local communities to help institute better practices for disaster response. WWF trainers aim to ensure that recovery, reconstruction and disaster risk reduction efforts include considerations of environmental sustainability in order to reduce risk and vulnerability.

“We can’t afford to continue to invest in short term solutions that don’t take into account how weather patterns, sea levels and land use are changing the nature and severity of flooding,” Anita van Breda, World Wildlife Fund’s senior director of environment and disaster said Wednesday. “The traditional approaches we’ve used to manage flooding in the past – like sea walls and levees – in most cases, won’t work in isolation for the types of floods we’re likely to experience in the future.”

The Flood Green Guide, developed in partnership with the U.S. Agency for International Development Office of U.S. Foreign Disaster Assistance , provides a step-by-step framework for flood managers to understand the factors contributing to flood risk in their region, and to pull together the appropriate policies, nature based solutions, and traditional engineering to address the problem.

Now that an effective framework has been identified, it’s important to train people to face severe flooding in techniques they can use to reduce risk.

“New roads, tunnels and bridges should not only be able to withstand more severe flooding, but ideally contribute to the community’s resilience and safety,” said van Breda.

“Our framework encourages engineers, flood managers, planners, community members, and policymakers to collaborate around the table from the start to work together addressing multiple objectives,” she said.

Participants in these collaborative sessions then go to their own communities and train others in the techniques they have just learned themselves.

Similarly, Maximpact can help your organization to train its trainers.

All our capacity building trainings are tailor-made according to each organisation’s need and are based on change management theory and adult learning techniques.

Change management is a approach to transitioning individuals, teams, and organizations using methods intended to re-direct the use of resources, business process, budget allocations, and other operations that reshape a company or organization.

Maximpact has hundreds of experts on tap who can train your trainers to help your organization make the changes needed to face future challenges with confidence.


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Strategic Planning, Project Support and M&E

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MAXIMPACT BLOG March 17, 2017 Maximpact.com

What makes a project successful? Project success isn’t just about completing it on time and on budget. A project can only be successful if all of its objectives are fully met and if the project succeeds in creating positive long term change in targeted settings.   

The accomplishment of every single stage is important to project’s success, but it is in the implementation phase that the project gets its concrete shape.

While the role of project management in every stage is well – defined, additional needs as well as challenges occurring in the project implementation may not be apparent at the beginning of the project cycle.  That is exactly the place where additional know- how might be required.

Project supporting services provided by outsourced additional human resources and taken before mid and after project implementation are also very important but often not sufficiently recognized as indispensable asset for the success of the project .

Any project is generally broken down into several stages, according to PRINCE2 the stages are:

  • Start-up or Pre-Project
  • Initiation
  • Implementation (Subsequent Delivery Stages) 
  • Final Delivery

Project Implementation Phases

For all projects, implementation requires three basic yet crucial activities to facilitate a successful project delivery:

  • Strategic Planning stage often requires involvement of supporting resources to provide specialized advice  which may be crucial in decision making process.
  • The process of defining M&E framework for ongoing measuring of the progress archived also has  proven to be  essential for final project  success. At the outset, effective start-up and initiation paves the way for a successful unfolding and result.

Different project management techniques may approach these initiation steps in different ways. PRINCE2 requires projects to be broken down into different phases. The plan for each delivery stage is designed at the end of last stage.

The following is an overview of the most important components of project management and implementation:

1. Strategic Planning

In the project start-up phase, the initial project brief is created to identify whether the project is viable enough to proceed to the initiating a project phase. Project initiation refers to the creation of project initiation documentation the detailed project document its structure, detailed revised budget, team, necessary delivery stages (in implementation) and the plan for the 1st delivery stage. 

The Project Initiation Document should cover all aspects of the project, including the project objective/need, risk management, change management, business case, communication management, and the designated team and their responsibilities (job description). Business case is crucial as this is the document that outlines WHY the project should be implemented and must be reviewed continuously throughout the project.

After the Project Initiation Document has been approved, the implementation phase begins.

If you need advice or assistance regarding strategic planning, contact info@maximpact.com.

Maximpact can bring expert advice to projects and businesses at all stages. Our consultants have worked with clients like the UN, USAID, UNDP, FAO, World Vision, GIZ and many more. We can assist you in your initial project start-up phase to ensure effective strategic planning and a successful result.

2. Access to Supporting Resources

Experienced management is often attentive when we come to existing human resources and their availability in all stages of project management. Therefore, responsible management knows that projects must have access to supporting resources. Key project experts can fall ill or leave due to personal reasons replacing the expert takes time and will delay the project.

In order to optimize project efficiency often unbiased “outside “ view from an  independent consultant  is required to verify and confirm that the  present HR structure and work implemented by the team members are  correct.

Project supporting resources should be considered as indispensable asset to advise, guide, consult, verify and assist in any matters a project may have.

In some stage of project implementation project management might realize that additional capacity is needed to deliver the project on the right way to its finalization.  Therefore capacity building is required. Assisting team members in building key skills crucial to the success of the project is an example of capacity building. Goals are more effectively achieved as abilities are enhanced.

  • Capacity building covers all facets of projects and businesses, including:
  • Project management
  • PRINCE2 and other methodologies
  • Fundraising
  • Communication
  • Strategic Planning
  • Monitoring and Evaluation

Maximpact provides project support resources and services. Simply contact us at info@maximpact.com to discuss your situation. Whether your project needs capacity building, independent expert, hiring an expert or any other matter – Maximpact will assist and be your project support resource center.

3. Monitoring and Evaluation (M&E)

Monitoring and evaluation during project implementation is the responsibility of the project manager. At all times, the project manager should monitor and assess the project’s progress at the end of each phase, stage or milestone. A full evaluation of progress should be made before the next management phase begins. Project monitoring entails oversight and awareness about all team members and project requirements during all phases. The benefits of monitoring and evaluation include improved team efficiency and more successful results.

While this outline can serve as a framework for the implementation of just about any project, it is also beneficial to be somewhat flexible about these phases. For example, if a project stage deviates or requires key changes, these can be immediately folded into the next relevant management phase for implementation. In this way, a combination of both structure and flexibility is the best recipe for success. External monitoring and evaluation is often required by donors or project owners to help ensure that a project is on track. External monitoring and evaluation experts are also indispensable when an independent progress assessment is desired.

If your business or project requires a monitoring and evaluation expert to create a framework or assist you in any way, you can count on Maximpact. We are experienced in finding the best monitoring and evaluation specialists, with experience on similar projects to yours. You won’t lose time on selecting the right candidate; Maximpact will take care of everything and connect you with the ideal screened, vetted and best-suited candidates.

Maximpact has been a go-to support and resource centre for projects of all types around the world for the past five years. Contact info@maximpact.com for expert assistance with any stage of your enterprise.


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What Challenges do NGO’s face and what are the solutions?

 

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MAXIMPACT BLOG March 20, 2017 Maximpact.com

Non-governmental organizations (NGOs) refer to highly diverse groups of enterprises engaged in a wide spectrum of non-profit activities. The focus of NGOs can range from humanitarian and rural development to assisting local startups and businesses. There are roughly 3.7 million NGOs worldwide with an estimated 2 million of them in India.

The first NGO dates back to 1945 when the United Nations was created. The UN made it possible for certain non-governmental organizations to be given permission to have observer status at its assemblies and some of its meetings.

So, What is the Goal or Objective of NGOs?

The goal of NGOs can vary widely depending upon the specific focus, objective and mission of the organization. From improving human rights in a geographic area to providing education about environmental issues to supporting the arts, the goal or objective of an NGO can cover just about any topic related to improving a region, country or the state of the world in some way.

What all NGOs share is the desire to further their vision and mission, whatever it might be. Individuals and groups who form NGOs tend to have a passion for their beliefs. They are usually coming from a place of altruism and care for the human race and for the future of our world. To that end, the goal of NGOs is to improve the human experience by lending their efforts to a specific and specialized cause.

What Are the Main Challenges NGOs Face Today?

The main challenges to the missions of most NGOs are as follows:

Lack of Funds

Many NGOs find it difficult to garner sufficient and continuous funding for their work. Gaining access to appropriate donors is a major component of this challenge. They may have limited resource mobilization skills locally, so instead they wait for international donors to approach them. Current donors may shift priorities and withdraw funding. The NGO might suffer from a general lack of project, organizational and financial sustainability.

Absence of Strategic Planning

Many NGOs suffer from the lack of a cohesive, strategic plan that would facilitate success in their activities and mission. This renders them unable to effectively raise and capitalize on financial support.

Poor Governance and Networking

A lack of effective governance is all too common in NGOs. Many have a deficit of understanding as to why they must have a Board and how to set one up. A founder may be too focused on running the NGO for their own purposes; however, governance is foundational to transparency.

Poor or disorganized networking is another major challenge, as it can cause duplicated efforts, time inefficiencies, conflicting strategies and an inability to learn from experience. The more NGOs communicate with one another, with International Non-Governmental Organizations (INGOs) and with the community at large, the more effective all of them can be. However, many NGOs perceive INGOs as hindering or even threatening to their goals and missions.

Many NGOs do not maximize the use of current technologies that could facilitate better communication and networking. More effective use of technology can assist NGOs in staying abreast of important regional, national and global concerns.

Limited Capacity

NGOs often lack the technical and organizational capacity to implement and fulfill their mission, and few are willing or able to invest in training for capacity building. Weak capacity affects fundraising ability, governance, leadership and technical areas.

Development Approaches

Many NGOs favor a “hardware” approach to development through building infrastructure and providing services instead of empowering people and institutions locally. Overall, their development approaches are not as flexible, sustainable and relevant to the community as they could be.

What are the solutions to those challenges?

Grant Funding

In order to receive grant funding, an NGO must do the following:

1. Locate Opportunities. Find an appropriate grant and funder for their focus and mission.

2. Solid Concept Note / First Round Application. NGOs must answer all criteria and provide all of the information the donor/funder requires. Not following the guidelines will result in immediate disqualification.

3. Proposal. Once an NGO passes the first application state, a proposal will be requested. The proposal must be well-written and error-free. Most importantly, it must contain all of the necessary elements to show the donor that the NGO has a strategy and high-quality team members.

Challenges such as poor governance, a lack of strategic planning, and poor networking can all be addressed through:

Capacity Building

Capacity building and training can help to provide crucial new skills. NGOs can then more readily train staff and cultivate the necessary skills within the organization to address challenges going forward.

On-Demand Advice From Experts

The ability to reach out for needed advice and guidance whenever required during a project or to optimize NGO operations is extremely valuable. Access to qualified experts will inspire confidence in donors and contribute to the project’s success. NGOs will naturally become more efficient, streamlined and effective.

Information, Communication and Technology

All NGOs should be using a minimum of Internet, email, a basic website and relevant social medial platforms.

Income Generation

NGOs with assets can use any surplus to help generate income. Renting out buildings, offering training, providing consultancy, creating and selling products and trading on your name are just a few examples.

If your NGO is facing any of the challenges described above, Maximpact can help. We offer training and capacity building to strengthen your organization and assist you in meeting your goals.


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How Maximpact team is tailoring capacity building services
Maximpact assists organizations by identifying and/or implementing the capacity building needs. Some organizations already know what skills and capacity their organizations lacks in and some have not yet identified them.

Once the capacity development need is identified, Maximpact selects the right expert(s) to provide customized capacity building service to the client. Maximpact believes that transferring knowledge is not the only thing you can do. Therefore, it’s main objective is to ensure practical usage of knowledge attained through its capacity building program.
It’s extensive pre-qualified global consulting network, and broad partnership network makes Maximpact perfectly equipped to match the right expertise efficiently, maximizing cost-benefit outcome for all clients. All consultants and experts within the network are assessed against set of professional capacity criteria to ensure their qualifications are in line with specific requests of Maximpact partners.

Grant Funding: You Only Have One Chance to Impress Donors

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MAXIMPACT BLOG November 18, 2016 Maximpact.com

Whether you’re looking for grant funding for your organization or to launch a project, applying for grants can be a smart use of your time and resources. Grants are not only awarded to non-profit organizations, but are also given to small businesses with missions that align with the funder’s goals. Some organizations engage grant experts to come in and help them structure their project or business to better qualify for grants, identify available funding opportunities and funders, review and write grant proposals. A project or business only has one chance to impress the donor.

In the US alone, public and private funders award around $50 billion per year to organizations and projects. The main question is: How do you secure grant funding?

The answer lies in two key factors:

  1. Finding the right funders and grant calls.
  2. Crafting a winning grant proposal.

Locating Potential Funding Sources

The key to locating the best funding options for your organization is to search throughout both the public and private sectors.

As you conduct your research, be sure to make note of whether the foundation is accepting open grant proposals or if you need to seek permission before submitting yours. Many larger foundations will require you to speak with them first and will not consider any unsolicited proposals, so this is extremely important if you don’t want to waste your time and resources.

Alternatively, you can obtain a customized list of available funding opportunities and donors, that would suit your project or business – click here to find out more.

Exploring Public Funding Options

Government grants are typically a good place to start, especially with websites like Grants.gov making your search easier than ever (if you’re searching in the US). Specifically, you can use the keyword search option on this site to narrow down funding options that suit your specific organization’s goals and needs. Once you receive your results, you can explore individual opportunities and determine which are best suited for your application.

It is also recommended that you regularly check to see whether new funding opportunities are available. Funding source sites (such as Funds for NGOs) are updated frequently with new funding opportunities. If you spot a grant that has expired, don’t hesitate to contact the foundation and ask if it will be available again in the future.

Exploring Private Funding Options

Public grants aren’t your only potential source for funding. There are plenty of businesses, corporations, and foundations in the private sector that offer grant funding to a variety of organizations. Those funders can be found through online research. There are a many free sources as well as subscription-based ones, such as:

Writing a Compelling Grant Proposal

Once you’ve explored your options and narrowed down the specific grants and funders you want to approach, it’s then time to work on writing a grant proposal.

Before you begin, however, keep in mind that most first attempts at grant proposals are not successful; you may apply for several grants before being awarded any funding. This is why it is very important to have a solid written grant proposal.

It’s all about honing and sharpening your grant-writing skills, which you will learn to do with practice. If you wish to save your time and resources, you can engage a grant proposal writer to help you write or edit your existing proposal. This small investment may pay off greatly in the long-run, as it will reduce your trial and error.

Pay Attention to Proposal Requirements

First and foremost, take the time to review all the foundation’s proposal requirements before you get started. The worst mistake you can make is to ignore these requirements, as most foundations will not even read a proposal that does not adhere to their guidelines. Many foundations will have specific formatting and content guidelines posted online, so print them out and keep them close by as you work on your proposal.

For this purpose, it is best to have your proposal reviewed by a grant expert once finished. The grant expert will proofread and determine whether your grant proposal contains all the needed information to make sure it is grant-ready.

Don’t Be Vague

A successful grant proposal is one that is specific in outlining outputs/outcomes, objectives, and other details on how the funding will be used. In writing your proposal, stick to facts and specific examples rather than opinions and dramatic language. Also, be sure to specify certain aspects of your funding needs, such as:

  • How long the project needs funding 
  • Outcomes to consider the project a success
  • Delegation of tasks or jobs among members

As important as details are, concise writing is also appreciated in the world of proposal writing. Say just enough to get your point across, but avoid flowery language or “fluff.” More than likely, the person reading your proposal has dozens (or more) other proposals to sift through; don’t waste their time.

Include Supporting Documents

Speaking of details, make sure to include any supporting documents with your proposal, but make sure they’re included in a labeled and organized appendix. Ideally, you should send no more than three separate files over as part of your proposal (including the appendix). An example of an additional document you may want to include is a letter of support from another member of figure within your organization or project. To ensure that all tables, charts, and other supporting documents/graphics are properly displayed when your proposal file is opened, it’s generally best to save your file as a .pdf rather than a .doc or other text document.

Getting into the world of grant research and proposal writing can seem overwhelming at first, but by keeping these guidelines and tips in mind, you’ll be well on your way to having your organization’s first funding proposal accepted.

Engaging a Grant Expert

Engaging grant experts to assist you in identifying funding opportunities that match your project, writing or reviewing your proposal – is not a cost but an investment. If you have not yet successfully raised grant funds, then it would be best to have expert guidance and input in order to achieve the best possible results.

At Maximpact, grant experts have successfully written winning proposals and reviewed over 300 proposals. Engage a grant expert to help you in any of the three key areas:

  1. Identifying funding opportunities and sources
  2. Grant proposal review
  3. Grant proposal writing

For more information click here or send us an email to  info@maximpact.com with your requirements.


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Assembling A Project Team : What You Need to Know

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MAXIMPACT BLOG November 17, 2016 Maximpact.com

Whether you are a consulting company, an NGO or other business organization, at some point you may be faced with the task of building a project team, or finding consultants for that team.

These days it is a well-known fact that the success of a project depends on it’s team members. Without the right expertise involved and full cooperation of the team, the project could be destined to fail, if it ever begins at all.

Once you’ve been tasked with developing, managing, writing tenders and applying for project proposals, your first step is to find the talent that will represent your team. Here are four questions to consider before you start planning and executing your recruitment strategy.

What Makes a Good Project Team?

No matter how large or small a project is, or what the project’s ultimate goals are, there are certain qualities that make a good team. These qualities may vary project by project. The object is to build a team that is made up of the sum of its parts. No one person has to have every single one of the necessary qualities that make up a good team.

A good project team will:

  • Have a clear understanding of the project goals
  • Have the right mix of skills and qualified consultants
  • Have a clear understanding of the projects deadline
  • Have access to the resources necessary to successfully complete the project. For example, human capital or advice from experts whenever needed to move the project forward
  • Be able to utilize each member’s skills in pursuit of achieving the projects goal
  • Have respect for the project team leader’s abilities and management skills
  • Have respect for one another’s ideas and abilities
  • Have trust in the team’s ability to achieve the projects goals
  • Have motivation to complete the project on time

The Costly and Time Consuming Process of Finding Qualified Project Team Members

Finding qualified consultants and experts for a project team can be a lengthy, costly process and possibly include trial and error. The length of time depends on how specialized the expert’s skills need to be and how many expert profiles are required.

Managing a project team includes making sure you have all the necessary team players and know where to find a replacement quickly whenever the need arises. For smooth project implementation, having all necessary team players, correctly positioned and tasked is assumed. However, equally important is that you know where to find a replacement quickly whenever that is required.

Having access to on-demand advice and a talent pool of qualified experts is vital to successfully manage projects along with their inherent risks.

What Problems May Occur Once the Team is Established?

Since project teams are inherently made up of unpredictable variables called humans, some challenges may be expected along the way. This is where the virtues of a good project manager becomes visible. However, sometimes additional advice also to project management may be required from the final project success. A seasoned project manager will be able to handle these potential problems so that the team stays on the task of completing the project. Here are some common problems that may erupt whenever people get together in a group to work toward a common goal.

  • Lack of motivation
  • Distraction due to personal problems
  • Lack of respect for another team member
  • Jealousy of a team member
  • Ulterior motives that clash with the project goals
  • Distrust of own abilities within the team environment

Another set of problems can appear once the project starts showing how the expertise of certain consultant are not of the level required. Application and recruitment is very competitive process and sometimes is hard to differentiate between candidates who are overstating their real skills and expertise and those who are more modest in CV presentation and more efficient in the project implementation.

That’s why, to build a productive project team that is ultimately successful in its goal, the project manager should:

  • Be skilled to boost motivation, manage conflicts and subtle interpersonal relations among team members.
  • But also to choose experts from reliable sources which will help him in expert verification in order to diminish risks of assigning unqualified profiles who are not team players.

Where to Find Experts and Consultants for Your Project Team

As mentioned before, the recruitment process may take a considerable amount of time in finding, reviewing and shortlisting possible team members.

Access to the internet, growing numbers of professional network sites and dedicated specialized sites allows project managers and human resources teams to advertise and access pools of consultants quicker and easier. But the new age of on online accessibility also brought other challenges such as a wider stream of applicants that requires considerable more time and effort to filter and review candidates.

1. LinkedIn™

LinkedIn is a popular place to find experts and consultants for your project team. One of the advantages to searching on LinkedIn is that you can often see where the candidate has worked in the past. Many LinkedIn members upload their entire resumes for online perusal by other LinkedIn members.

A disadvantage with LinkedIn is the amount of time it takes to find viable candidates. You need to spend time working the network and reading over countless pages that are only standardized to a small degree.

Additionally, what are the chances that the potential candidates you find on LinkedIn are actually available to take on the job? The time spent contacting consultants that are not interested or available for long or short-term projects is lost time which could have been applied elsewhere.

If you use LinkedIn to post your job opening, there is a significant fee involved, and no pre-selection or sorting of candidates is currently offered on LinkedIn.

2. Recruitment Agencies

Recruitment agencies claim to have inside access to top level consultants and experts. For that knowledge, they charge exorbitant amounts of money – often in the thousands – to source candidates that may or not be interested in leaving their current position. Getting a candidate to leave is your challenge, and typically the method that works best is a higher salary, which you may not be able to afford.

A big disadvantage for project teams in using a recruiting agency is that they don’t have access to short-term consultants.

So if your project is a one-off deal, or you don’t necessarily have a full-time position to offer after the project is completed, a recruiting agency would probably be of little help to you.

All in all, recruitment agencies offer a short cut to top-level, skilled experts and consultants, but the cost involved is much higher than almost any other method of finding project team members.

3. Online Marketplaces, Consulting Networks And Databases

Some online marketplaces and consulting networks and databases, such as Maximpact, can be a gold mine of talented individuals who are actively seeking new and challenging opportunities.

One of the many advantages to using a company like Maximpact is that experts and consultants are pre-qualified before they are approved to be listed on the network. So you, as a project manager, already know you’re looking at qualified candidates. Not having to sift through unqualified people saves you an enormous amount of time.

Comparative advantage of this network is that all consultants are pre-qualified per set of criteria, including : Technical knowledge of the topic, field experience, capacity building and interpersonal and team member skills.

Unlike LinkedIn, Maximpact offers job matching to further filter results, saving you time. In addition, short-term consultants are included in the selection, a very convenient resource should the need arise.

Consultants may even offer you instant home based assistance services, but they also may come to the field and work directly with you on a daily basis.

The costs for the service is carried by the consultants, so you, as a project manager (employer), don’t pay a thing.

Additional benefits are a virtual and safe environment where the entire recruiting process can take place, including, searching, interviewing, contract signing and payments.

At the end of the day, you need to get your project team together as soon as possible. Maximpact is one of the most efficient and cost effective ways to complete your goal of building a project team.

Visit Maximpact.com or contact us at info@maximpact.com for further information.


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Sustainable Goals and Social Impact: Do You Have What you need to succeed?

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By Maximpact

Sustainable Goals and Social Impact: 

Do You Have What you need to succeed?

At the nexus of change Maximpact.com is a work space for projects, businesses, ideas and endless opportunities.  A global marketplace of qualified consultants, experts and services.

Maximpact.com today announced the launch of their consulting and advisory services to support the development of projects, businesses and funds in the circular, impact and sustainability sectors. Aligned with the UN Sustainable Development Goals, Maximpact offers over 185 services to 20 different sectors including agriculture, assessment, community, environment, forestry, fisheries, water, waste management, renewable energy, women empowerment and more…

Existing customers have welcomed the diversity of the rich suite of services and it’s ease of use saving them both time and money. 

Customers at Maximpact can choose from both packaged or tailored support development and support services to assist their project or business at any stage of development. With access to pre-selected resources, an extensive network, knowledge and skills from around the world customers are well equipped in a rapidly changing world.

With hundreds of pre-qualified experts, project mangers and thousands of NGOs with experience in many thousands of projects worldwide, sourcing hard-to-find consultants, services and partners has never been easier than through Maximpact’s one-stop-shop.

By streamlining and simplifying the process of project and business development Maximpact has helped its clients save up to 65% in time and money, that is a welcome change to any one’s bottom line.

Difficult searches for good resources is now a thing of the past as users benefit from a unique Project Search Map allowing them to find experts quickly based upon project, geography, sector, language and expertize. Maximpact has once again made  complex tasks easy.

After finding the right expert, clients can book a call with the expert of their choice, receive a phone recording of their call and if they wish can proceed to hire the expert for their project online.

Services Offered

The new support and development services provided by Maximpact are designed for all projects, businesses and funds.

Project Services

Project services deliver resources and solutions to support, develop and improve projects at any stage of their development and cycle. Maximpact will tailor consulting and project services to find the right solution for the most complex challenges. Services cover different stages of project cycles such as: 

  • Consultation
  • Project initiation and planning
  • Assessment
  • Implementation
  • Capacity building
  • Visibility, communication and networking

Business Services

Tailored advisory services addresses the challenges businesses face in a rapidly changing marketplace. Maximpact offers a wide range of business services and solutions to suit the unique needs of each client. Assisting to plan, solve problems, mitigate risk, fund and source market opportunities through Maximpact’s global network.

Services cover different stages of business cycles such as: 

  • Consultation
  • Corporate Finance
  • Assessment
  • Strategy
  • Capacity Building
  • Operations and Supply chain

Investment Ready Services include packaged business services to suit the budget of all businesses.

Services cover different stages of business cycles such as:

  • Business plans and financials
  • Business valuations
  • Due diligence

Fund Services

Unique investment fund services have been designed to streamline processes and help improve the funds’ efficiency and competitiveness. By offering expert advice in 20 sectors we are able to deliver tailored services to the needs of each fund.

Services offered to funds such as:

  • Sector specific advice and market study
  • Investment sourcing 
  • Investment filtering 
  • Financial due diligence / auditing 
  • Investment analysis and reports
  • Acceleration of market-ready investments

Leveraging our unique global network and services Maximpact  delivers expertise, improved efficiency, real-time market knowledge and decision-making capabilities.


Tom_Holland_imageTom Holland, Founder and CEO of Maximpact.com comments:

Since Maximpact’s inception years ago we are dedicated and continue to focus on building our vision. Bringing together those working in silos of activity and to group together like-minded communities wishing to create good impact and a more sustainable future for us all. In doing so our community of over 90,000 includes hundreds of qualified experts, consultants and services in over 173 countries. Our expert community is expected to grow to 1,000 by year end.  New project and business activity continues to increase and will grow further as we welcome the thousands of project managers and NGOs who will become active in our network.

Visit us and find our out more about www.Maximpact.com


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Attracting Investors with a Business Plan

Attracting Investors with a Business Plan

Maximpact Services

Attracting Investors: What Investors Look for in a Business Plan

Entrepreneurs, businesses and projects rely on investment capital to hit the ground running. The groundwork and roadmap must be laid out within a solid investor-ready business plan. The activation of the best business plan starts out with catching the investor’s interest.

Therefore, a strategic business plan is essential in getting the funding you are looking for from VCs, accelerator, angel investors or other types of funders. First impressions are the most lasting.

Cutting to the chase

Venture capitalists, accelerators and angel investors are extremely busy and expect entrepreneur to do the required homework before approaching them. They only choose to take projects to the next level that have a solid business plan. (Read our blog on “ Are You Investment Ready” ).

A business plan shows investors how well you know your market, product, strategy and exit plan. Unless your investors are strictly family and friends, a third party’s main concern is how your product or service will achieve traction in the marketplace, profitability and what are the possible exit strategies.

Why is a business plan needed?

Many ask whether they need a business plan. The answer is “yes”.

A business plan is the answer to the question, “What do you aim to accomplish?” It is the blueprint and brainwork for the entrepreneur, management and the investor. It conveys vision and strategy to investors, laying out the path to success – where your business will have greater profitability and increased assets.

What is an investment ready business plan?

It is the aforementioned potential profitability, which is demonstrated through financial projections – usually within a 3 to 5 year period – that attract investors. A business plan answers unique concerns of an investor when it:

•    concisely details the business, customer profile, company management, market strategy, and financial projections

•    creatively presents business ideas tailored for the investor audience

•    clearly demonstrates acceptable risk, investor reward, and value creation

What do investors look for when reading a business plan?

It is important to understand what the investor will look for before outing forward your pitch:

•    The business plan will map out the products or services offered, how they will gain traction and the speed at which they will do so.

•    Secondly, investors will think of is the exit – how much, how long and how will the investors earn their return?

•    Thirdly, how much investment capital is required to grow a company to the  point where they can earn a return on their investment and also many more rounds of investment might be needed for the following milestones to be reached?

Having these answers ready, will ensure you are prepared.

In addition investors are looking at a variety of factors including a solid management team or advisors with a proven record of success. They must be convinced that the product offering has a clear competitive advantage with a shot at increasing and substaining  the value of the company, i.e., this could include different markets that can be tapped into with the same product or service for future growth.

Approaching investors – what do you need?

Approaching investors is best done through intermediaries who have ties and relationship to VCs, accelerators, angel investors and other types of funders. Generally, business plans are not sent as a first communication tool to investors but is kept for later when the investor is interested in hearing more about your business or business idea.

The 3 tools that are a necessity to pitch a solid business proposal are:

1. An elevator pitch. A brief description of what your value proposition is, that will clearly show the investor what the traction of your idea is and ignite that spark of interest to carry on reading.

2. A high-concept pitch. This would be a single sentence within the elevator pitch, which highlights the startup’s vision.

3. A ten-slide deck in the form of a Power Point presentation to tell your company’s compelling story. Click here to see what the ten-slide deck should contain.

The elevator pitch is an incentive for investors to look at the ten-slide deck. The deck provides the impetus to set up a meeting and/or ask for the business plan.

Your takeaway is…

Always remember what are foremost in the minds of investors:

•    Traction: Is your product going to be a great addition to the marketplace with or without their investment.

•    Investment: How much funding is required and the terms offer.

•    The Exit: Investors put money in private companies hoping  they might cash out through an IPO some time in the future. They will consider and look closely at your exit strategy to understand potential return, timeframe to exit and different options.

Do you need to write a business plan? update an old one? or is your business plan investor ready? 

Knowing how to craft a solid, investor ready business plan and how to approach investors lays the foundation for attracting investors. Equally important is knowing the investor’s perspective, which is, above all, return on their investment. It is best to let a business plan expert help you write, complete or update your business plan. This is an investment which will improve your chances of funding success.

When considering your business plan needs take a look at how www.Maximpact.com can help. We have hundreds of highly qualified experts and consultants able to satisfy the needs of any entrepreneur or business. Whether you require them to have specialized skills or expertise in specific sectors we have them all.

We cater to all budgets and help your business evolve and meet its full potential. Our business experts will steer you in the right direction and make sure you have what you need to become investor ready.

Book a free consultation with one of our mentors by contacting us at info@maximpact.com or visit www.Maximpact.com.

The Importance of Business Valuation

Business Valuation

Maximpact Services | April 17, 2016

Being a business owner, whether new or established, is a constant challenge. Finding the right value for your business is key for success in your next phase. Whether you have decided to raise capital, merge, divest or sell, any potential investor will need a clear picture of what to expect before they decide to invest. There is no question that a professional business valuation, which highlights the value points in your business, is crucial.

Why You Need a Business Valuation

Business owners and interested parties need fair and honest valuations for a variety of reasons. For instance, you may actively be seeking shareholders or deciding to borrow against or even sell your company. Converting your business from a C-corp to an S-corp for tax purposes is another situation that calls for a formal business valuation.

How Business Value is Determined

For startups, their business valuations are typically based on financial projections identifying how much money they expect to bring in over a specific period of time. Existing businesses, on the other hand, will use historical and forward projections as a basis for their valuations. In any event, seeking new shareholders requires you to set a dollar value per share for both existing and new investors. The valuation is key to all parties in agreeing what is fair and equitable.

The reason for a capital raise could vary from finding and moving in to a brick-and-mortar location, hiring staff, purchasing or renting equipment, marketing the business, training employees, opening new markets and more. This is called your cost-per-share. Having your house in order is important to ensure a smooth evolution of your company and to continue to grow your business.

Completing your formal valuation enables you to decide and explain to an investor what they receive in return for their cost-per-share. For smaller investments, anywhere from 5 to 20 percent is the norm. This number is determined much the same way home values are determined: by comparing them with other, similar companies and by how well you stage, or present, your argument.

A certified appraiser may use one of three methods to evaluate your company’s worth:

  1. Market Approach: Based on “comps” or comparisons of other, similar companies
  2. Asset Approach: Based on how much money it would essentially cost to replace what you’ve managed to build so far
  3. Income Approach: Based upon future financial projection

An experienced certified valuation analyst will combine these methods in one form or another to arrive at an equitable figure. Not understanding this process, and inflating your company’s worth or underestimating it, can be the difference between success and failure. This is why it’s vital to have your valuation performed by a professional you can trust.

Increasing Your Business Value

As your company grows and succeeds over time, its worth will go up. A successful enterprise is one that shows a steady increase in cash flow, thus becoming a decreased risk, as the years progress. It should also grow and expand over time into new markets to remain competitive, meanwhile maintaining a steady growth rate.

How Your Business Value Affects Your Future Goals

Whether you begin with a smaller cost-per-share combined with a smaller shareholder percentage, or a larger cost-per-share in return for bigger stakes may not matter. Both Dropbox and Instagram today are estimated to be worth over $1 billion, according to Funders and Founders, but they both started with very different valuations. The founder of Dropbox began with shares worth $20,000 each for which he assigned 5 percent of his company. Instagram’s founder started much bigger by assigning his shares a value of $500,000 each, but in return, he gave away 20 percent of his company.

In the end, both companies reached the same financial plateau. They just achieved it in different ways.

When the time has come, and you are ready for a business valuation, use the trusted professionals at Maximpact.com. They will provide you a fair and honest estimate to help you successfully achieve your goals. Whether you’re looking for a complete valuation, or you need a simple broker’s letter, the professionals at Maximpact can help.

If you are unsure and need help identifying your needs, contact info@maximpact.com to book a free consultation and to benefit from over 50 years experience in the business.