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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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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. This will include money for payroll, benefits, payroll taxes and contract employees. This plan includes general liability insurance, commercial property insurance and business income insurance.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

In addition, you may find it helpful to use the Nonprofit.Courses’ guide to nonprofit board training as a resource to further improve your onboarding work. That level of knowledge builds over time with ongoing training at board meetings, through tours, at events, and by other means. Be open to further education and training.

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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.)

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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. It’s always a good idea to have pre-event meetings with vendors to go through expectations and complete a formal contract. Your in-kind contracts will most likely not need to be as robust.

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Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Here are the circumstances that may trigger an audit requirement: Federal, state, and local government contracts may require an audit as part of the nonprofit’s contract for funding.

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