Review your options

Scenario 1

You have lost funding for some of your work, but this work is not a major contributor to funding your overhead costs, so your main concern is the loss of the activity rather than the threat to the overall sustainability of your organisation.

Consider:

• Risk assessment
• Fundraising
• Redundancy
• Closing down a project

Scenario 2

You have lost funding for some of your work, and this work is a major contributor to funding your overhead costs, so there is a real threat to the sustainability of your organisation.

Consider the issues in Scenario 1 plus:

• Strategic review
• Cost reduction and restructuring
• Collaboration
• Merger
• Insolvency

Scenario 3

You have lost most or all of your funding, so it is likely that you will have to close down.
Consider the issues in Scenario 1 plus:

• Strategic review
• Insolvency
• Winding up an organisation