July 15, 2020 - Careers4u

A recession occurs when the value of goods and services produced falls for two quarters in a row. Whereas in ordinary times, the economy of a country tends to grow, during a recession, the economy shrinks, meaning there are less jobs to go around as companies become less profitable and cannot afford to pay their employees and shareholders. With debt levels rising, oil prices dropping, and the markets fluctuating, knowing some money saving tips can help you to survive a recession. Consequently, while the reasons for a recession are generally beyond our control, preparing for and responding to a recession can make a huge difference to your finances. So, let us discover 4 important money rules that can help you to survive a recession. Preparation is Key During a recession it is ...

When running a nonprofit, it can be all too easy for other companies to forget that you are, in fact, responsible for a business. Although your goals might be structured around creating change in the world, nonprofits still need business plans that incorporate market analysis, financial projections, and implementation strategy, and for those who haven't done this before, they can find out here, online, on how to successfully launch a nonprofit organization. With this in mind, partnering with a for-profit business can help you achieve your fundraising targets. Sometimes a partnership with a local business is all it might take for your non-profit to benefit from unique industry insights. To attract the interest of a local company, you may need to have clear financial records since they ca...

Day: July 15, 2020

The 4 Most Important Money Rules for a Recession

3 Tips for Nonprofits to Secure Business Partnerships