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...
Understanding the Merger process for Not-for-Profits
Not-for-Profit on Purpose
10 minutes
1 year ago
Understanding the Merger process for Not-for-Profits
There are many reasons why an NFP would look to merge or be acquired but like everything, a merger or acquisition is more likely to succeed if you have a plan or strategy to achieve it rather than just hoping. In assessing the viability of a merger or acquisition it’s important to obtain the ‘why’ and the ‘common motivation’ for all in this process. In today’s video I’ll discuss the merger process for not-for-profits and touch on a few key areas for consideration.Connect wit...
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...