How Much Should a Nonprofit Have in Reserves

Regardless of its business profile, every company should have reserved cash resources for unforeseen needs. This rule is mandatory for both for-profit and non-profit organizations. However, the question of how much contingency resources are needed – particularly for nonprofit companies – remains open to debate. Here are some authoritative opinions on how much a nonprofit … Continue reading How Much Should a Nonprofit Have in Reserves

3 Famous Board Management Conflict of Interest Cases

In the history of modern business, there are many successful and not-so-successful examples of company development. Including quite a few examples of conflicts of interest, which had a significant impact on the further development of the company and its employees. It has already been said much about how dangerous the conflicts of interests are for … Continue reading 3 Famous Board Management Conflict of Interest Cases