Making the Most of Your FSP Investment
3. If an FSP isn’t returning value to your nonprofit, find an alternative solution. Don’t keep wasting money — but also don’t terminate an arrangement with an FSP unless you have a plan in place to continue that program via another means.
Not recontracting with the FSP that is writing, designing, printing and mailing your monthly direct-mail appeals, for example, without having a solid strategy for continuing to get direct mail of the same (or better) quality isn’t thrifty — it’s organizational suicide. The same applies to your e-mail provider, website manager or any other task you are using an FSP to complete.