Creating a Projected Budget TIPS ON CREATING A PROJECTED BUDGET FOR MY NPO Creating a projected budget is just as much about planning & process as it is about numbers. The numbers are important, of course, but the process allows you to see beyond the numbers in front of you. Having a budget: ▶…
An annual budget is a must have for your nonprofit organization, whether you are just starting or your organization is growing…
Keeping Clean Books is the Key to a Healthy Business You might be wondering, “why can’t I wait until the end of the year to do my books?” or “I just do them when I have the time.” This mindset is okay if you don’t mind not planning for what you might owe in taxes,…
The fear of facing a recession can be very overwhelming. Sadly, recessions are something that is out of our hands to control. This is why it is crucial to prepare your business to survive a recession whenever it comes. But first, what is a recession? Just a quick, straightforward definition – Recession is a significant…
Are you ready to take control of your financial future in 2022? Yes, I am talking to you, Nonprofit Leaders.Every year you make the same false promise that you will get your bookkeeping done on time. You will keep track of your income & expenses. You will keep track of your programs & projects better…
What is your mission? What motivates you? Why do you do this? I was recently asked these questions, and it truly made me think. So, let’s start with the obvious. When I first decided to start my bookkeeping business, I did it for my son. To provide him with a better life, to be able…