In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
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In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
Setting up a not-for-profit: Generating cash for your NFP
Not-for-Profit on Purpose
9 minutes
9 months ago
Setting up a not-for-profit: Generating cash for your NFP
Understanding your customer and who you are selling to is important in any business, but did you know it is even more important for NFPs? We need to look a bit deeper in the NFP space as we often have more to sell than the product or service we are providing. So, in today’s episode I will discuss the practicalities of generating cash for your NFP and getting clear on the revenue side of a NFP and accessing various revenue streams. Once you can access revenue streams, you are able to hel...
Not-for-Profit on Purpose
In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
