by Suzanne Bakker | May 3, 2020 | budgeting, expenses, finance management, project basics, project design, project management, starting your project | Finance Management, Project management
Some entrepreneurs live by the adage ‘Start before you are ready’. And I believe in that, too. Very much. Mostly because I learn from doing, so for me getting going is key to getting anywhere. But there are some exceptions where I would recommend being ready before...
by Suzanne Bakker | Feb 2, 2020 | budgeting, call for proposals, expenses, finance management | Finance Management
Managing exchange rates can be a big challenge when receiving a grant in a foreign currency. This starts from before the grant is approved, already when you are budgeting for your proposal. At that time, you are ‘translating’ your local currency prices into the...
by Suzanne Bakker | Jan 26, 2020 | budgeting, expenses, project expenses, travel expenses | Getting Started, Project Design
Previously, we looked at domestic travel costs and how to properly account for them. Now I want to look at international travel. In general, the same principles apply as for domestic travel. But there are four aspects I want to highlight. Class Most international...
by Suzanne Bakker | Jan 19, 2020 | budgeting, expenses | Finance Management
In another post, we looked at the costs of food and drinks while traveling. And we saw how Per diems may make it easier to handle the corresponding paperwork. Usually more strict requirements apply for travel costs and it is not as easy to avoid the nitty-gritty. In...
by Suzanne Bakker | Jan 5, 2020 | budgeting, expenses, finance management, human resource management, planning, project design, team management | Nonprofit management
For many not-for-profits, staff is one of the key expenses for their work. While many funders do not like to feel they are subsidizing salaries, and prefer to contribute to real, tangible activities and products. That makes staff salaries a sensitive part of any...
