The blog
Why Nonprofits Borrow
Access to credit is essential to the success of any business, and the case is no different for nonprofits. Without affordable loan capital, nonprofits may forgo growth opportunities, operate in suboptimal real estate (or pay high rent), or consider expensive financing.
Read full article...The Price of Doing Good – Employee Retention Best Practices
Feeling underpaid and overworked has become the norm for many employees today, especially for those who work in the nonprofit sector. While concerted efforts for wage and benefits increases are being made for these dedicated and hard-working employees, it is a steep uphill battle. For some there ... Read full article...
Nonprofit Cash Management – Five Ways to Manage Cash Deposits
Most articles about “Nonprofit Cash Management” expound on adequate cash reserve or having a line of credit to maintain financial health. “FDIC” is hardly mentioned, that is until March 8, 2023. By now, everyone is aware of the recent bank failures, and perhaps have even sleepless nights, worryin... Read full article...