News & Insights
Welcome charitable pledges — and account for them properlyYour nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly. 
6 key elements of a business budgetBusiness owners: If you’ve been using the same budgeting process and format for years, maybe it’s time for an upgrade. Here are some ideas. 
Parametric insurance may suit some construction companiesConstruction business owners: Do you have all the insurance your company really needs? One type of supplemental coverage to consider is a parametric policy. 
Business owners sometimes need to switch successorsBusiness owners: Are you having second thoughts about your chosen successor? It happens. Here are some ways to address the issue and decide whether to change course. 
Restricted gifts: What to do when strings are attachedMost nonprofits won’t say “no” to restricted gifts, but these donations are harder to handle than unrestricted ones. To minimize risk, develop restricted gift policies and follow them. 
Take charge of working capital managementHere are three practical tips to manage your company’s working capital more efficiently. 
Does your company have an EAP? If so, be mindful of complianceBusiness owners: If you’re thinking about adding an employee assistance program (EAP) to your benefits package, or you already have one, be sure you and your team are up to speed on compliance. 
Update on a possible universal charitable deductionRecent research indicates that U.S. charitable giving is declining. One way to combat this trend may be to provide nonitemizing taxpayers with a universal charitable deduction. But will Congress act? 
Making your board retreat rejuvenating — and productiveYour nonprofit’s board retreat should enable members to escape distractions and brainstorm solutions in a relaxing environment. Here are some planning ideas for a productive retreat. 
Businesses should stay grounded when using cloud computingBusiness owners: If your cloud computing arrangement is costing more than you expected, you’re not alone. Here’s a look at a common problem and some best practices. 
Cash flow management fundamentals for construction businessesConstruction business owners: Are cash flow concerns keeping you up at night? Here are some fundamental ways to stay in control. 
Review real-time data with flash reportsWant more timely financial data? Consider using “flash reports” to get a simplified snapshot of key financial metrics on a daily or weekly basis. |
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