Pay Equity in 2025: A Smart, Sustainable Strategy for Nonprofits and Small Businesses

For nonprofits and small businesses, every dollar matters-and so does every employee. In today’s workforce, fair pay or pay equity is a smart business strategy. Rather than just a compliance checkbox, pay equity is a defining element of organizational culture, trust, and long-term success. As transparency becomes the norm and employee expectations evolve, leaders are…

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Navigating Difficult Decisions: A Human-Centered Approach to Downsizing for Nonprofits

Navigating Business Decisions; Downsizing

In today’s dynamic and often unpredictable environment, nonprofit leaders face a constant array of challenges. From economic shifts to evolving funding landscapes, these external pressures can sometimes lead to the most difficult internal decisions – those affecting your dedicated team.  When an organization’s sustainability or strategic direction necessitates workforce changes, the process can feel overwhelming,…

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How a Fractional CFO Can Help Your Organization Weather Uncertainty

Blog header for How a Fractional CFO Can Help Your Organization Weather Uncertainty

The headlines are sobering: Thousands of nonprofit jobs cut this year. That’s according to a recent Chronicle of Philanthropy article, which highlights the growing financial strain across the nonprofit sector. Budget shortfalls, reduced government funding, and rising operational costs are forcing difficult decisions, many of which fall squarely on the shoulders of leadership teams that…

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Navigating Federal Funding: Key Strategies for Nonprofits in a Shifting Political Landscape

In today’s political climate, nonprofits that receive federal funding must be proactive and strategic to ensure financial stability and mission continuity. As federal budget priorities shift and regulations evolve, organizations that rely heavily on government grants need to stay informed, diversify their income sources, and prepare for potential changes. Here’s how your nonprofit can adapt and thrive despite uncertainty.

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Managing Program and Grant Spending Effectively | Organizational Tips for Nonprofits

For nonprofit leaders, managing funds effectively is crucial for ensuring mission success. Two essential financial tracking processes—program spending tracking and grant spending tracking—help organizations maintain accountability and transparency. While these processes overlap, understanding their differences and best practices can enhance financial management and compliance.

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Three Key Budget Line Items to Include in Your Next Budget Proposal

When preparing a budget proposal for your nonprofit or small business, it’s easy to focus on program costs, direct services, and your historic budget needs. However, to ensure the long-term sustainability and efficiency of your organization, it’s crucial to include line items that support operational success and plan ahead for growth. Here are three often-overlooked budget line items that can make a significant impact:

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How to Create a Budget for a Business

Bookkeeping reports and budgets

Having clear goals and guidelines for financial operations is essential for small businesses. A solid budget is like a roadmap that keeps your business on track, ensuring you have the resources you need to grow while avoiding financial pitfalls. Regularly comparing actual performance against the budget allows for tracking progress and making necessary adjustments. In this article, we’ll walk you through everything you need to know about creating a budget for your small business.

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