A Labour win & how to generate income through enterprise

Lucinda and Emily are joined by James Dunbar, chief executive of the poverty reduction charity New Start Highland. James describes how the charity was able to move from being a predominantly grant-receiving organisation to generating three-quarters of its income through trading and contracts.He explains how he identified income-generating opportunities for New Start Highland, from furniture-making to removal services, as well as some of the risks of taking a more commercially-minded approach.He provides pointers for other charities considering taking a similar route and stresses the importance of communication with all stakeholders. Also in the episode, news editor Andy Ricketts joins Lucinda and Emily to consider Labour’s landslide election victory and its implications for the voluntary sector.Do you have stories of people whose lives have been transformed for the better thanks to your charity? If so, we’d like to hear them! All it takes is a short voice message to be featured on this podcast. Email lucinda.rouse@haymarket.com for further information.Tell us what you think of the Third Sector Podcast! Please take five minutes to let us know how we can bring you the most relevant, useful content. To fill in the survey, click here.Read the transcript. Hosted on Acast. See acast.com/privacy for more information.