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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

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. Staffing Costs In addition, one must consider the budgetary costs of staffing expenses when calculating startup costs for a nonprofit.

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GrantWriterTeam’s New Approach: An Interactive Platform

Grant Writer Team

Rather than assuming liability, GrantWriterTeam’s role is to make available the platform for connections. GrantWriterTeam has shifted away from being the middleman with contracts created on the portal to a new model that empowers grant writers and grant-seekers to work together on their own terms.

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Catering Options for Virtual Fundraising Events-A Q&A with Vibrant Table Catering

Greater Giving

Meg: After reviewing our service offerings, we contract with the nonprofit organization for the event. Meg: The first and most important thing to know is that anyone handling food needs to have their food handlers card-if you don’t, there is a huge liability for your organization. The same can be said for distributing alcohol.

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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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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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Security: The Scary Part of Cloud Computing

Tech Soup

If there is a security breach by one of your cloud vendors, primary liability for sensitive data rests with your organization - not the cloud vendor. The way to judge a cloud vendor's strength is to read their service level agreement, privacy policy, audit reports, and standard contract. That's a lot of technical reading.