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Creating a Nonprofit Budget: 7 Common Questions | Starting a Nonprofit [Video]

Creating a Nonprofit Budget: 7 Common Questions | Starting a Nonprofit

Starting a nonprofit and have some questions about your nonprofit budget? Let’s tackle 7 questions about nonprofit budgets. #nonprofits #fundraising #startinganonprofit

When you’re starting or growing a nonprofit, your budget is a roadmap for how you’ll fund and spend money to achieve your mission.

I hope this helps!

FOUNDER TO FULL-TIME: Check out my trainings and blog on starting a nonprofit or social enterprise at http://foundertofulltime.com/

// WHAT TO WATCH NEXT

Can Nonprofits charge for their services? | Fundraising Strategy
https://youtu.be/kyi6XtWhR0E

Starting a Nonprofit: Your Basic Compliance Checklist!
https://youtu.be/28_vAxobgto

Starting a Nonprofit: How to Create a Budget (For Beginners)
https://youtu.be/5Wv0I_SLpkw

// CHAPTERS

00:00 Welcome!
01:17 Recap: What is a budget?
01:52 When should you create your nonprofit budget?
04:27 How much of the budget should be for salaries?
06:09 How much do you include for expenses?
08:58 What percent should be spent on what?
12:32 What category do salaries fall in?
13:30 How big are most nonprofit’s budgets?
14:27 What are common budgeting mistakes?

// MORE ABOUT ME

Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.

Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: https://tinyurl.com/nonprofitsandchangemakers

FOUNDER TO FULL-TIME ACADEMY: Want some training and guidance on starting a nonprofit (and potentially even working for that nonprofit full-time someday?)? Check out my online training courses at my Nonprofit Founder to Full-Time Academy! http://foundertofulltime.com/

Want me to come speak at your business, college, school, or event? Check out my site: https://ambermelaniesmith.com/

On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: https://www.facebook.com/groups/changetheworldorbust/

I’m also on Twitter: https://twitter.com/ambermelsmith

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Charities webinar – Contract exposure: managing risks in legally binding agreements [Video]
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Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register