5 Ways that Charities, 501(c)(3)s, and Nonprofit Organization can Increase Monthly Donations
Accepting cash is still the most cost-effective way to collect donations. However, people don’t carry cash like they once did, and many prefer to donate via a form of electronic payment. Here are 5 simple ways your nonprofit organization can boost its monthly donations.
[Infographic] Why small business owners struggle with efficiency
We recently found a survey in which business owners provided insight into the many roles they play in a given day when running their businesses. The not-so-surprising part is business owners don’t have enough time in a day to accomplish all of their business management tasks, which means they certainly don’t have time to get out of the weeds and think about their businesses from a strategic standpoint.
Even worse, they are spending hours of their days covering roles they don’t enjoy.
New law says profit isn’t all about the money
If you own a business with interests other than just sheer pecuniary profit – say of social or environmental worth – then you may have a new option available that can not only protect those interests, but also lure customers and employees.
A new corporate charter, available in a handful of states and being introduced in several others, allows businesses to incorporate as “benefit corporations.” Under this organization, businesses can put social or environmental gains ahead of or alongside profit when making decisions.
Critics of the law say that the business decision to move to the new structure is a bad one from the perspective of an investor, as it ultimately creates a lack of accountability for management. If a company’s decisions do not garner profit for its investors, then what investors are going to stick around? And, as one commenter in the WSJ writeup points out, shouldn’t the market speak for itself? Meaning, if a company chooses to be pro-social or environmental in its mission and gains success because of it, then why do we need the interference of legislation?
Assuming that all shareholders understand marketing and customer loyalty, we don’t. But, as the lawsuit brought against Craigslist can exhibit, success with a pro-social business model doesn’t protect you legally.
6 factors to consider when choosing an online credit card processor
Choosing the right online credit card processing service will save you time, diversify your ability to collect payments and ultimately increase your ability to generate revenue.
Choosing the wrong processor will leave you paying higher fees, confuse your customers and put you on hold for hours waiting for a customer service rep.
When you’re a small business, it’s difficult to find the right online credit card processor with so many options available. One Google search will pull up such an endless list of companies, the research could go on for days – unless you know what to look for.
4 ways community involvement can grow your business
Reaching out to volunteer for a nonprofit in your community can lead to opportunities and benefits that enhance your company’s long-term reputation while growing your business.
Sure, you’ll be contributing positively to society and spreading your brand awareness across the community. But you’ll probably also have some fun while networking to meet new leads and potential business partners.
Choose a charity you respect and admire that also coincides with your company’s values, and learn the benefits below for how helping others can help grow your business.










