Unlock the power of your financial data. Empower your social enterprise with insights that drive success.
If you’re running a charity, social enterprise, or not-for-profit, managing different types of income can quickly become a headache—especially when it comes to restricted vs. unrestricted funds. Getting it right matters, not just for compliance, but for building trust with funders and planning confidently for the future.
April is a busy month for grant applications. New rounds open, deadlines loom, and everyone’s trying to write a compelling case for support. But while your project’s story is crucial, your budget can be just as important.
Finance can feel like a foreign language, full of complex terminology that can leave business leaders feeling overwhelmed. Yet, understanding financial terms is crucial for making informed decisions, securing funding, and keeping your organisation sustainable.
If you’ve ever felt confused by terms like ‘accruals’, ‘restricted funds’, or ‘cash flow’, you’re not alone! The good news is that finance doesn’t have to be complicated – once you understand the basics, it becomes a powerful tool to help your organisation grow and make a bigger impact.
In this article, we’ll break down key financial jargon into plain English, helping you feel more confident in your numbers.
The start of a new year brings fresh opportunities to reflect, plan, and set your social enterprise up for financial success. Whether you’re looking to stabilise your cash flow, grow your impact, or improve financial management, setting clear financial goals at the beginning of the year is crucial.
How to Build Relationships With Funders
Securing funding isn’t just about ticking boxes on an application form—it’s about fostering relationships that last. Funders increasingly seek connections with organisations they can trust, where they know their investment is being utilised effectively and transparently. Building strong relationships with funders can lead to long-term partnerships, continued support, and opportunities for collaboration. Here are our key tips on how to make funder relationships a cornerstone of your funding strategy.
Applying for grants can be daunting, especially if you're new to the process or unsure how to stand out in a crowded field. But here’s the good news: most funders have similar priorities when reviewing applications. By focusing on a few key areas, you can drastically improve your chances of success. Let's explore the three main things that funders really want to see in a grant application.
As we approach the final months of your accounting year, many organisations—especially social enterprises, charities, and not-for-profits—are gearing up for the inevitable year-end reporting rush. If you’ve ever found yourself scrambling to finish your financial reports in time, you’re not alone. However, year-end reporting doesn’t have to be a stressful, last-minute task. By taking a proactive approach and starting early, you can transform this process into a well-organised, stress-free experience. Here’s how to prepare for a smooth wrap-up to 2024 and set the stage for a successful 2025.
When we talk about sustainability, most people think of environmental responsibility. However, for charities, social enterprises, and not-for-profits, sustainability is also about ensuring long-term financial security. It's about safeguarding your organisation’s future, so you can continue delivering on your mission regardless of the challenges you face.
As we near the end of the year, it might seem like there’s plenty of time before the financial planning for 2025 needs to be addressed. However, for social enterprises, charities, and not-for-profit organisations, early planning is crucial to ensure a successful and sustainable year ahead. Financial planning isn’t just about balancing the books – it’s about aligning your resources with your organisation’s mission and long-term goals.
As the kids head back to school, it’s the perfect moment for a financial refresher! Whether you’re running a charity, a social enterprise, or a not-for-profit organisation, having a solid foundation in financial literacy is essential. Just like students brushing up on their skills, now’s the time for you to revisit the basics and ensure your finances are in tip-top shape.
In the world of social enterprises, charities, and not-for-profit organisations, the role of an accountant often goes unnoticed. However, these financial wizards play a crucial part in the success and sustainability of these noble ventures. An accountant who specialises in working with social enterprises is not just a number cruncher but a key enabler of social impact. Let’s delve into how these professionals contribute to the mission of social good.
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