40 min listen
Brace for Impact: 7 Ways to Protect Your Nonprofit During a Recession
Brace for Impact: 7 Ways to Protect Your Nonprofit During a Recession
ratings:
Length:
13 minutes
Released:
Jan 10, 2023
Format:
Podcast episode
Description
Every news outlet is talking about it, a recession. However, not many are talking about what a nonprofit leader can do to prepare their organizations. In this episode, Michael shares his 7 actions nonprofit leaders can take to prepare their organizations for a recession.
Timestamps:
00:45 - Introduction
01:00 - Michael’s 7 tips for nonprofit leaders to prepare for a recession
02:15 - Plan and Prepare
04:05 - Be open with your stakeholders
04:55 - Align expenses with new revenue projections
06:25 - Prepare for staff reductions
08:45 - Review and update your budget
09:53 - Diversity revenue streams
10:30 - Build relationships with community partners
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
Apple Podcasts
Spotify Podcasts
Amazon
iHeartRadio
Visit us at: www.thecorleycompany.com/podcast
Follow us on:
Linkedin and Twitter
Timestamps:
00:45 - Introduction
01:00 - Michael’s 7 tips for nonprofit leaders to prepare for a recession
02:15 - Plan and Prepare
04:05 - Be open with your stakeholders
04:55 - Align expenses with new revenue projections
06:25 - Prepare for staff reductions
08:45 - Review and update your budget
09:53 - Diversity revenue streams
10:30 - Build relationships with community partners
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
Apple Podcasts
Spotify Podcasts
Amazon
iHeartRadio
Visit us at: www.thecorleycompany.com/podcast
Follow us on:
Linkedin and Twitter
Released:
Jan 10, 2023
Format:
Podcast episode
Titles in the series (86)
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