201502.19
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FINANCIAL STRATEGIES FOR SOCIAL PROFIT ORGANIZATIONS

This checklist is meant as a thinking tool and as a route to action. The list will help you think creatively about your organization’s culture, mission, future, response to immediate financial crises and long-term preparation for the future. CUT OR CONTROL COSTS ANALYZE PURCHASING Improve purchasing procedures Seek in-kind contributions Network to get better prices…

201502.19
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TIPS FOR EFFECTIVE FINANCIAL MANAGEMENT

In some organizations, managers fall into the trap of believing that financial management is something that the accounts team are full responsible for. While there will be areas like cash management, payroll, paying suppliers and collecting payments from customers that are likely to be handled by the accounts team, financial management falls into the remit…

201502.19
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YOUR BUSINESS PLAN IN A RECESSION

If you own a small business, you know that business planning in an economic downturn is difficult, particularly if you need to get a bank loan. If you need financing during a recession, you have to present a realistic business plan to your financial institution. This means adjusting your business plan to reflect the current…

201502.19
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CHECKLIST FOR THE SELF-EMPLOYED

If you’re a free-lance writer, consultant or other self-employed taxpayer, here’s a last-minute checklist for filing your tax return: REVENUE Include all of your revenue for the year but be careful not to double count your income. In some cases, clients will send you a T4A slip to report the amount they’ve paid. If you…