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...
Incorporated Association to a Company Limited by Guarantee
Not-for-Profit on Purpose
10 minutes
1 year ago
Incorporated Association to a Company Limited by Guarantee
Thinking about becoming a Company Limited by Guarantee? In Australia, when an incorporated association is looking to make the transition, each state is slightly different. With that in mind, I’ll talk through the principles involved the overall process, before touching on a few issues for you to consider. Changing to a company limited by guarantee, is an involved process and will cost time and/or money. Information and experience therefore, become crucial.Connect with me on Linke...
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...