Blog – Page 19 – Know Your Numbers

6 Nonprofit Mistakes That Can Threaten Your Tax-Exempt Status

Your tax-exempt status is a huge part of what sets your nonprofit apart from its for-profit counterparts. But there are certain activities that can threaten that status — and engaging in these no-no’s can be a costly mistake. Be aware...

4 Crucial Financial Statements Nonprofits Must Track

Have you ever looked through an old family photo album? You definitely know some people, but others you only vaguely recognize. Nonprofit financial statements can feel like looking at a somewhat familiar for-profit relative. They definitely share the same gene...

The Top 3 Small Business Goals for a Successful 2022

New Year’s resolutions can feel like a bust — and statistically, they often are. If only you had a dollar for every abandoned gym membership...you’d never have cash flow problems again! But setting firm, trackable, achievable goals — financial goals...

Nonprofit vs. For-Profit: The Major Differences for Entrepreneurs

Not every business venture is out to make somebody rich (though it never hurts). In fact, a good number of altruistic entrepreneurs start businesses that aim to benefit society at large. If this sounds like you, it’s good to know...

5 Crucial Ways to Pandemic Proof Your Small Business

It’s been almost two years since the beginning of the COVID-19 pandemic. Remember when we thought it would be a two-week shutdown? Nobody was prepared for two years of turmoil, uncertainty, and stress. And small businesses in particular are still...