Data analytics provides solutions to many nonprofit challenges

If your nonprofit wants to improve budgeting, forecasting, fundraising or other functions but is having a hard time identifying both problems and solutions, data analytics can help. This form of business intelligence is already considered invaluable in the for-profit world. But it can be just as useful to nonprofits. Goal: informed decision making Data analytics […]

3 traits of growth-oriented nonprofits

What does it take to grow a nonprofit from a concept to a $2 million-plus revenue organization? A November 2016 study attempted to answer this question by surveying 200 social entrepreneurs funded by impact investing portfolios such as the Skoll Foundation and Silicon Valley Social Venture Fund. Even if your organization’s growth goals are relatively […]

Three cash flow boosters for your company

Like every contractor, you want to have a good 2017. And this objective should be eminently doable as long as you stay within your strengths, manage your financials carefully and do good work. But why settle for a good year when it could be great? The key, always, is cash flow. The more working dollars […]

What Your Lender Really Wants to Hear

What does every contractor’s lender want to hear? Why, “The check is in the mail!” of course. But, seriously, lenders — much like sureties — expect construction companies to operate in a manner that assures both timely payments and the feasibility of future loans. Here are a few choice quotes to lay on your lender […]

KPIs for Contractors: Finding Your Way with Mission-critical Metrics

From the baseball field to the boardroom, metrics and statistical analysis have changed businesses nationwide. And the construction industry is no exception. With proper preparation and guidance, contractors can have at their fingertips a wealth of stats-based insight into how their companies are performing — far beyond the bottom line on an income statement. The […]