⭐ A Simple Way to Decrease Expenses for Your NonProfit – Final⭐

The last few posts have been focused on simple ways to decrease expenses.  The purpose of those posts was to demonstrate reducing costs does not have to be complicated.

Simple things like reviewing your expenses on a monthly basis and completing a budget can have a huge impact on your bottom line.

Doing these simple things consistently is what makes the difference.  It isn’t the overly complicated analysis and proforma.  It is a good idea to schedule time to review your spending, complete a budget, compare your budget vs actual to see what happened and why.  This will get you more in tune with what is happening in your non-profit financially. 

The Finances of a business is like the engine to a car.  You do simple things like get the oil changed and get a tune up in order for the car to run smoothly.  The engine is hardly ever displayed; however, if you never get the routine maintenance done, it will soon be obvious something is wrong with the car…. then you will be stuck having to pay for costly repairs.  

#nonprofit