Goals

4 Steps for Fundraising in Times of Crisis and Uncertainty

By |2020-07-15T14:30:12-05:00June 30th, 2020|Budget, COVID-19, Donation, Fundraising, Goals, Nonprofit|

As we navigate this time of worldwide economic uncertainty, saying these times are “challenging” in the nonprofit world is understating the reality. While the ongoing COVID-19 crisis has affected organizations in different ways, nearly every nonprofit is concerned with maintaining donor engagement and achieving fundraising results. Many institutional donors have stepped up with accelerated distributions [...]

Top Five Ways to Survive and Thrive Financially During Economic Uncertainty

By |2020-07-14T15:41:11-05:00June 23rd, 2020|Advisory, Cash Flow, COVID-19, Economy, Goals, Performance Measurement, Preparation|

Undoubtedly, there’s a lot of uncertainty and change happening around us. This volatility can make us feel like we should hold tight and be reactive to what happens. But times of crisis and economic uncertainty can create opportunities for us to accelerate changes that we needed or wanted to happen anyway. Here are the Top [...]

How to Improve Your Future Financial Results

By |2020-07-14T15:37:57-05:00May 26th, 2020|Advisory, Cash Flow, Goals, KPIs, Records, Value|

Your basic financial statements report what has happened in the past – these are lagging indicators. Those numbers are certainly important, but they only tell you what has already happened. If you don’t like the results, there’s nothing you can do to change them. However, to impact future results, you must also identify Key Performance [...]

Increasing The Value of Your Business

By |2020-01-16T15:30:11-06:00December 14th, 2019|Advisory, Business Valuation, Change, Goals, Internal Control, Investment, Preparation, Sell, Value|

Have you ever wondered, “What is my business worth?” You’ve worked hard and are committed to the success of your business, but you might be considering retirement or pursuing a different career path. You may want to sell to an outsider or your children that are actively involved in the business. Regardless of the [...]

5 Reasons Outsourcing Works for Growing Businesses

By |2020-03-30T13:07:48-05:00November 27th, 2019|Accounting, Advisory, Goals, Internal Control, Payroll, Tips|

As your small business grows, the demands on your time and energy grow, too. You and your employees can find yourselves consumed with activities that creep beyond your passion and proficiency. This can be risky for your business, at worst, and boring or unfulfilling for you and your employees, at best. Many business owners [...]

What Your Financials Say About Your Business

By |2020-01-28T12:18:10-06:00November 21st, 2019|Accounting, Advisory, Goals, Tips, Value|

Have you recently provided your financial statements to a lender, investor, large customer or vendor? Did you wonder what they were looking for? Were you caught off guard by the questions they asked or the decisions they made? Financial statements reveal a lot about a business. Readers of financial statements use financial information to make [...]

Book Review – Traction: Get A Grip On Your Business

By |2020-01-16T15:02:24-06:00September 6th, 2019|Advisory, Change, Goals, Preparation|

Do you feel like you get caught up in the day-to-day details of your business and never have the opportunity to work on the business itself? This is exactly how our firm’s leadership group felt here at TDT. Fortunately, we found Traction: Get A Grip On Your Business, by Gino Wickman, and it changed [...]

How Does Your Company Keep Score?

By |2019-12-09T13:13:38-06:00August 14th, 2019|Advisory, Change, Goals, Value|

To keep score of anything, you have to identify the triggering event. It can be a ball going through the hoop or matching up numbers on a bingo card. In a business environment, a company may have hundreds of triggering events, also known as Key Performance Indicators (KPIs). Measuring KPIs will provide a value [...]

Governance vs Management, Is There a Difference?

By |2019-01-24T15:08:15-06:00December 18th, 2018|Board, Goals, Internal Control, Leader, Nonprofit|

It’s no secret that nonprofit organizations come in a variety of shapes and sizes.  Likewise, the structure of their boards are made up of various shapes and sizes.  As a board member, it's important to understand what your role is in providing service to the organization.  Especially for organizations without paid staff, board members are [...]

10 Reasons for Your Nonprofit to Develop a Succession Plan

By |2019-07-09T09:52:40-05:00October 8th, 2018|Goals, Nonprofit, Preparation, Succession Planning|

Succession planning is a huge topic in business right now and at TDT we repeatedly talk about it with our for-profit clients. Record numbers of nonprofit executives are preparing for their retirement, making this topic incredibly important and timely. Start Now! For many nonprofit organizations, conversations regarding succession planning are past due, putting the organization [...]

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