Trading is concerned with selling goods or services on the open market to generate income.
As more and
more voluntary and community organisations are seeking to diversify
their income streams to achieve financial sustainability, income
from trading is on the increase.The third sector now sells goods
and services to the public worth £6.6 billion each year*.
Trading can generate valuable unrestricted, independent income
and a real means of supporting organisational autonomy and growth.
There are several ways in which trading can be used to generate
- Selling goods and services on the open market - for example
training courses, room hire, equipment or consultancy work
- Charging beneficiaries and service users
- Developing trading arms - for example, charity shops
In this section you can find out about getting involved in
trading and if trading is an option for your
organisation. You can also explore practical tools and resources to
help develop your trading ideas.
For advice and guidance on trading
contact WCVA's funding
advice team or your local county voluntary council.
(* Source: The UK Civil Society Almanac 2012, NCVO)