Benefits of trading
Trading has a number of benefits:
- Income from trading is unrestricted – it can be used to meet an organisation’s needs rather than being specific to an individual grant funded project
- Increased independence – can help to drive growth and further an organisation’s independence
- Adopt new approaches to running your organisation and foster an entrepreneurial culture
- Refreshment of skills – such as marketing, negotiation and financial management
- User involvement – often allows service users to be involved in planning of service delivery