Want to learn more on this topic? We've partnered with Imagine Canada to present a free webinar on June 25. Click here for more details and to register. An increasing number of private investors are looking for opportunities to invest...
Original broadcast date: Thursday, May 28, 2020 Summary: The global health crisis has placed world markets in a precarious position with no end in sight. In this time of uncertainty, we’ve seen many not-for-profit organizations across Canada struggle to retain...
Effectively managing your nonprofit’s finances is always important, but even more so when times are uncertain. Forecasting your cash flow, for example, can help your organization respond and adapt to immediate financial challenges. Equally important, cash flow forecasts are a...
Want to learn more about budgeting for beginners? Watch the accompanying webinar recording. I vividly remember the first time I was asked to prepare a budget. I wasn’t sure where to start. There was no written process. I couldn’t find any...
Community bonds are an alternative model of financing for charities and nonprofits, that are repayable to investors, with defined interest terms. The bonds allow organizations to collect capital for projects and pay it back over time, like a loan, but...
Hands up if you have a full-time bookkeeper! Ha ha - joking! Most small nonprofits we work with don’t have a full-time, professionally trained bookkeeper. You’re not alone. In this episode, we’re chatting with Omar Visram, CEO of Enkel Backoffice...
In the nonprofit sector, we are tasked with wearing multiple hats and finding ways of doing more with less. This means that we are often tapped out when it comes to capacity and our ability to do everything that comes...
Want to learn more on this subject? We've partnered with the author for a free webinar on March 14. Click here for more information and to register. Virtually every charity or not-for-profit organization in Canada has a treasurer. That means...
Want to learn more on this topic? We've partnered with the author to present a free webinar on March 7 to help you simplify your year-end process. Register here. With a mission-driven bottom line, many nonprofit organizations tend to focus...
Nonprofits have many administrative needs that can consume their valuable time. From meeting regulatory compliance needs to recording their finances, from keeping track of development opportunities to managing and coordinating the people that help bring their mission to life. Getting...
