Third Sector
Third Sector
The third sector is an umbrella term that covers a range of not-for-profit organisations with different structures and purposes, which belong neither to the state nor the private sector. This vital sector provides a bedrock of services and support initiatives, education and tuition and research and analysis.
As value driven non-profits, a primary driver for third sector organisations when approaching restructuring or turnaround projects is to maintain their focus and output with minimum disruption, especially to end users. For this reason, we will always work closely with boards, trustees and staff to fully understand the aims and objectives in order to facilitate your organisation’s future and assist in any financial, legal and governance obligations.
The financial and operational needs of third sector organisations are incredibly diverse, while also requiring specific knowledge and expertise when intervention is required.
Third sector organisations may include:
- Registered charities
- Voluntary and community organisations
- Educational establishments,
- Social enterprises and co-operatives
- Private research institutes,
- Offshoots of government operations, such as housing associations
How we can support your business
Funding Advice
We can assist you in seeking new funding opportunities to support your operations.
Financial Health Check
We can conduct a financial review of an organisation’s position and any areas of concern.
Mergers and Acquisitions
We can assist you in finding merging partners or exploring potential sales opportunities.
Cash Flow and Forecasting
We can advise you on any cash flow issues you may be experiencing and assist with debt management strategies and repayment terms.
Turnaround Planning
We can help you to enact positive, long-term change and improve the financial and operational running of your organisation.
Controlled Wind-down
If it is required, we will work with you to wind-down your organisation in a controlled way that supports your services and objectives.
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