Creating a Nonprofit Organization: Mission and Vision Statements
We’ve talked about some basics of creating your nonprofit organization. Now, you’ll want to craft your organization’s mission and vision statements. What is a Mission Statement? A mission statement is an essential part of creating your nonprofit organization. It will help shape every area of your organization. Its main responsibility is to clarify your organization’s ability to serve its […]
Avoid Making These 4 Common Business Accounting Mistakes
The National Federation of Independent Businesses (NFIB) reports on a U.S. Bank study, which claims that 82% of all business failures are related to poor cash flow management. Your accounting functions are paramount to your company’s success, which is why you need to avoid making any of the following mistakes. #1. Putting off or not Reconciling […]