by Suzanne Bakker | May 24, 2020 | budgeting, expenses, finance management, income, project basics, project design | Finance Management
Many of the principles of love and attention for your nonprofit’s finance apply to your personal finance, too. For instance, making a personal budget and weekly spending plan for your household are remarkably like developing your project budget and making a liquidity...
by Suzanne Bakker | May 17, 2020 | accountability, expenses, finance management, income, project design, systems | Nonprofit management
Last week I wrote about your cash box and how to handle cash properly. I hope you got the impression that I find it very important and am passionate about this. Because I am. Not because I care about cash (or non-cash money), really. But because I know that proper...
by Suzanne Bakker | May 10, 2020 | expenses, finance management, project basics | Finance Management
Very probably you have a cash box in your office somewhere, with a small amount of money in it. You probably use this sporadically. For instance, when someone needs to run to the shop quickly to buy something very minor. In most organizations, petty cash is not...
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 | Mar 29, 2020 | crisis management, finance management, fundraising, planning | Nonprofit management
I see many not-for-profits being uncertain about their future now, as their activities are being canceled one by one. How can you keep on core staff, if project activities cannot be implemented? Do donors approve of covering such costs even though you cannot deliver...
