Applying for more funds is always a challenge to nonprofit organizations. This is because organizations have to prove why they need more funds. They have to prove how responsible they are with their current funds.
According to KPI Institute, one of the major benefits of tracking Key Performance Indicators (KPIs) is that nonprofits would be able to measure growth. The KPIs range from donor’s growth to social media metrics. For example, did Twitter followers increase in 2017? If so, by how many percents. Continue Reading
According to a US bank survey 82% of business failures are due to poor cash management.
Every time you spend the company’s money, you could be edging towards becoming a part of that statistic. The secret to spending money effectively is actually a lot more counter-intuitive than is sounds. Continue Reading