CHANGE: Coronavirus Impacting Your Nonprofit? Here’s What to Do
The coronavirus pandemic has had a big impact on nonprofits. One major area of disruption has been that of fundraising. The springtime is a major fundraising season for a lot of nonprofits, who hold large events during these months. A recent article from Network For Good offers some tips for how nonprofits can keep their …..
With the arrival of the coronavirus pandemic, the need for organizations to be able to operate digitally—which was already very important—rose steeply. In a recent article for Forbes, Dr. Gloria Horsley offers insight regarding the digital transformation tactics that worked well for the nonprofit that she leads. Video – Posting live videos on social media …..
Negatives and Positives for Foundations During the Coronavirus Pandemic
The coronavirus pandemic is having a wide-reaching impact on many areas of society. A recent article from The Non Profit Times examines how foundations and endowments are reacting to the virus. A recent survey conducted by the National Education Policy Center’s (NEPC) Endowments and Foundations Practice Group examined 105 endowments regarding issues related to the …..
Bringing Your Nonprofit Through the Coronavirus Crisis
The coronavirus pandemic is having a huge impact on both organizations and individuals—and nonprofits are certainly no exception. While it is impossible to know for certain what the future will look like, there are certain key steps that nonprofits can be taking now in order to establish the firmest footing possible, moving forward. A recent …..
The Internal Revenue Service (IRS) recently released proposed regulations regarding Unrelated Business Income Tax (UBIT). The 2017 Tax Cuts and Jobs Act (TCJA) made big changes to UBIT that have been widely unpopular among nonprofits. A recent article for The Non Profit Times examines the proposed regulations from the tax bureau. Under the IRS proposal, …..
It’s your time to shine! What is your favorite movie and/or TV show? Favorite TV Show: Grey’s Anatomy (I love drama series) Favorite Movie: I love watching movies and I can’t pick just one! What did you want to be when you were growing up? A wedding planner! I loved anything to do with weddings …..
New to Remote Working? Here Are Some Tips for Staying Productive
The COVID-19 pandemic has seen a rise in remote working. Even organizations that have always been against it have their employees working from home. With some areas experiencing complete lockdowns, this means you may find yourself in an unfamiliar work environment. Remote working means that you have to work outside a traditional office environment. Although …..
During the holiday season in December, Congress passed the Consolidated Budget Appropriations Act of 2020. Included in this Act was a tax package that renewed more than 24 tax provisions through what are known as extenders. An extender makes a tax provision effective retroactively. Some of the extender provisions are rather esoteric, so we’ll only …..
According to the 2019 Small Business Profile, a project from the U.S. Small Business Administration’s Office of Advocacy, there are 30.2 million small businesses, making up 99.9 percent of all U.S. businesses. With 59.9 million of these small business employees making up 47.3 percent of workers in the United States, it’s clear that this is …..
In the days ahead, the COVID-19 pandemic will likely be described in economic terms as a Black Swan. This phrase is used to describe an event that 1) was unpredictable; 2) caused severe and widespread consequences; and 3) in hindsight was determined to be wholly predictable. What will be interesting going forward is how much …..
The vast majority of manufacturing companies are classified as small businesses. Like all small businesses, they are particularly vulnerable in the event of a poor financial decision. A recent article from Thomasnet offers some tips for how manufacturers can mitigate financial risk. Author Zachary Smith examines three areas: Contracts – Strong contracts protect all parties …..
Today more than ever, manufacturing is a global industry. A recent article for Industry Today addresses strategies that U.S. policy makers and business owners can use to help the country’s manufacturers remain competitive. Increase the Labor Force – Manufacturers in the United States should be focusing on two methods for bolstering their labor force: recruiting …..
In order to remain relevant and competitive, business owners must seek to constantly be in pursuit of change and evolution—and they need to encourage their teams to do the same. A recent article for Industry Week by author Paul Ericksen addresses different types of organizational changes and methods for pursuing them. Ericksen discusses how change …..
As technology continues to advance rapidly and robots are increasingly present in the workforce, what does this mean for U.S. workers? In a recent article for Industry Week, Adrienne Selko addresses the job market of the future. Moving forward, jobs will increasingly require a different skill set. Why is this? Robots are taking over more …..
Manufacturers today understand clearly that for their customers, value matters. Communicating the value and results that their products offer to clients is a key component of remaining successful. A recent article published by Manufacturing Business Technology explores methods for crafting and communicating a clear value proposition for customers. A good value proposition includes: A compelling …..
Using Construction Software Equipment Management Tools
New technologies are having an enormous impact on the construction industry. A recent article for Construction World takes a look at their impact on the management and utilization of construction equipment. Equipment management is a feature that some construction software offers. It is a tool that allows users to track key equipment details and scheduling. …..
According to the Fannie Mae housing forecast for 2020, new housing is projected to increase 10% in the United States. That means a busy year for homebuilders. A recent article for Forbes takes a look at housing predictions for the coming year. Some key statistical takeaways include: Residential building permits are at a 12-year high …..
While the construction industry is embracing evolution in some areas—such as technology—it is woefully lacking in others. A recent article for Construction Executive addresses the need for the industry to reevaluate the traditional general contractor/trade partner dynamic that is has been operating with for years. Why is evolution necessary in this area? Since trades and …..
Is Your Construction Business Prepared for an Economic Downturn
Nobody knows when the next recession will occur. Many analysts will make predictions, some right and some wrong. The general consensus is that we can expect a downturn sometime within the next 28 months. Luckily, there are certain steps that construction businesses can take in order to prepare for a recession. Teach yourself to focus …..
Heading into 2020, experts are predicting increased uncertainty in the construction industry. What trends can you expect for this year? A recent article for Construction Business Owner predicts the following. Labor Shortage – This is not a new problem. The construction industry has been experiencing a shortfall of skilled laborers for years. In response to …..