Succession Planning for your Nonprofit: NonprofitMBA Podcast 1.4
How to prepare your nonprofit for the transition from one leadership to another or in other words, succession planning.
A Line of Credit... Just in Case
NonprofitMBA Podcast 1.3: Why forecasting is so important to nonprofits
Why is forecasting for nonprofits so important? Raj Thakkar. nonprofit consultant talks about the details of good forecasting.
Where to Look for an Emergency Business Loan
MOST BUSINESSES NEEDING AN EMERGENCY BUSINESS LOANS START WITH A LOCAL BANK Every business owner has been there, you need an emergency business loan and you go to your local bank and talk to the bank officer. It might be the branch you deal with now or it might a bank you have never been […]
NonprofitMBA Podcast 1.2: What To Do When Your Nonprofits Mission and Operations Go Adrift
Podcast: What To Do When Your Nonprofits Mission and Operations Go Adrift From Its Original Vision
NonprofitMBA Podcast 1.1: Keeping it Personal As Your Nonprofit Grows
Pierrette Downer, Founder and Executive Director of BFRIN (Being Fitted Right IS Necessary) talks about the changes she made when her Nonprofit grew much bigger and she noticed that clients were being treated as numbers and not people.
Building Your Net Worth is the Key Definition of a Successful Business Owner
The true definition of a successful business owner, in my opinion, is when their business has significantly increased its net worth.
How Are Nonprofits Using Their Line of Credit
How Do Nonprofits Use Their Line of Credit Mostly used for payroll #1 reason: funding is delayed and you have to make payroll Your employees count on each paycheck Illegal to miss payroll You risk fines You risk an audit Your risk employees leaving Line used for unexpected expenses Line is inexpensive Not fun asking […]
What Are Some Inexpensive Factoring Options
When you own a small business, it is important to know how to find inexpensive labor and cheaper ways to reach customers. It may also be crucial to find some inexpensive factoring options. Factoring can be very helpful but you don’t want to make your financial situation worse by choosing the wrong company. Therefore, knowing […]
How to Improve Operating Working Capital
Article summary: Your operating working capital is how you make payroll, purchase supplies and handle your daily operations. With so much at stake, it’s no wonder companies like yours are always seeking to improve this number. There are several simple ways to do this. Learn what they are so you can find what works best […]
What is a Revolving Credit Line
Article summary: The need to have access to quick business capital is universal for all businesses and for many the answer is a revolving credit line. If you need to know more about this business tool and how it may work for your company, read on. The Basics of a Revolving Credit Line A revolving […]