Eastside People consultant Mike Taylor produced a thorough short-to-medium-term strategic business plan for the charity, covering the multiple strands of their business and ensuring that relative sensitivities were applied throughout. This huge, and ultimately successful, piece of work was formulated and presented in a relatively short time-frame.
After initially exploring other options, Eastside People consultants helped Chanctonbury determine that working with CAF Venturesome under the Access Reach programme was their best route for raising the finance they needed.
Consultant Mike Taylor put together a five-year financial projection, including cashflow and potential footfall, along with a business case for capital to fund the new outdoor pitch and a scaled-up staff team at Chanctonbury. As well as the need for a Wellbeing Programme Manager, it was determined that additional staff capacity would allow the leisure trust’s senior team to better balance business management with operational matters. To further demonstrate social impact, the drafting process also collated comments from users and other stakeholders about proposed services and how these would improve their quality of life. The proposed plan drew inspiration from UK Active’s framework for leisure centre recoveries following COVID-19.
Based on the proposal, CAF Venturesome agreed to provide Chanctonbury Community Leisure a 3-year £100,000 social investment loan for cashflow and staff, with an interest rate of 6.5%. The deal also included an additional £50,000 grant, to be used for the wellbeing programme and the development of the outdoor pitch.