Remove Contract Remove Insurance Remove Liability
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What Are 7 Common Nonprofit Startup Costs?

GrantNews

This will include money for payroll, benefits, payroll taxes and contract employees. Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization. Business insurance is to protect nonprofits from any claims against the nonprofit made as a result of normal operations.

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Five Costly Mistakes Tender Writers Must Avoid

Red Tape Busters

The ultimate goal for any tender writer is to win lucrative contracts and secure business opportunities for their organisation. Overpromising and Underdelivering – A Reputational Blow For tender writers , winning a contract can be a moment of triumph, but it also comes with significant responsibilities.

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How to create your new nonprofit’s first budget

Get Fully Funded

Expenses Staff Payroll Benefits Payroll taxes Contract staff Facilities Rent/mortgage Utilities (electricity, water) Pest control Maintenance Program Equipment Supplies Materials Mileage (specifically related to conducting your program’s activities) Administrative Office supplies Software (Quickbooks, donor tracking software, merchant account, etc.)

Budget 98
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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Nonprofits have two customers – the people they serve through the mission and the people or organizations which pay for all or part of the services, such as donors, insurance companies, government entities, and more. This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.)

Finance 52
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Why Nonprofits Are Needed in the Sharing Economy

Tech Soup

She calls it The Great Risk Shift, where for-profit companies are shifting the liability, overhead, insurance, and consumer risks to the individual workers (and to the consumers). How do we ensure that the contracted driver receives fair labor practices, since they're not an employee?

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Safety First: How to Mitigate Risk at In-Person Events

Qgiv

Be sure you understand expectations while going through the contract process. Whoever is serving the alcohol should have the proper licensing and insurance. It’s always a good idea to have pre-event meetings with vendors to go through expectations and complete a formal contract. ID required”).

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Fundraising activities and events must comply with local laws and carry adequate liability insurance. unrestricted) funds to pay for the research and cultivation of corporate partners, whether that is accomplished through a contract with a consulting firm or an in-house position. Is Fundraising an Option for You?