From the world of entertainment to Capitol Hill, allegations of sexual harassment have disrupted the status quo and made headlines at a remarkable rate. Meanwhile, on social media, the #MeToo movement has sparked widespread discussion.
For-profit businesses understand that it takes a lot more time and money to attract new customers than it does to keep current customers happy. The same can be said for your not-for-profit’s members. But there’s more to retention than cost savings. Long-time supporters help attract new members and are ideal candidates for leadership positions on boards and committees.
Many employers use background checks as a regular part of their hiring processes. If yours is a smaller organization, you may understandably feel pressured to hire good candidates quickly. After all, you don’t have the hiring resources of a larger organization and might really need the help. But, in today’s complex and often litigious working world, background checks remain highly advisable.
There are more than 87,000 foundations in the United States — including family, corporate and community foundations — according to the Foundation Center. If your nonprofit isn’t actively seeking grants from these groups, you’re neglecting a potentially significant income source.
In all companies, things can and do go wrong, and employees mishandle their assigned tasks and sometimes those mistakes are significant and costly.
Every not-for-profit organization needs a comprehensive succession plan to ensure smooth leadership transitions. When a nonprofit organization loses its executive director or other leaders, it risks declining contributions, lowered employee morale and program disruption.
Have you ever wanted to start saving for retirement or increase your savings rate, yet you hesitated due to all the complexity of investment alternatives? Start saving now so you will improve your future retirement outlook.
Business valuations are critical for businesses of any size–and not just when a business is being bought or sold. This article details some common uses of valuations include.
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