POM008: Running a Non-profit or Small Business on a Shoestring Budget

In this episode, we’re going to discuss how to keep your business or non-profit going on a shoestring aka tight budget.

 

When cash flow is tight in your small business or nonprofit you, you likely restrict spending and tighten up on expenses. You work on getting more sales. These are things that you know to do. While acting as Director of Finance of a nonprofit, some other things helped us survive until we were able to increase revenue.

 

We’ll discuss the major myth about non-profits that may be hindering your revenue. We’ll also discuss five tips to help you keep your business running even when the budget is extremely tight.

 

Resources Mentioned:

Disclaimer: Some of the links below are affiliate links. This means that if you decide the item will help you and buy it, I will earn a commission. There is no additional charge to you.  However, I would never recommend anything to you that I wouldn’t use myself or wouldn’t recommend to my own family. I only recommend things that I believe will be helpful and useful. Do not buy anything unless you believe it will help you achieve your goals.

 

Wave Accounting: free comprehensive accounting software

Thanks for listening:

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About Dr. Maria James

Dr. James, The Money Scientist, has expertise with designing income management, debt management, and wealth strategies to help you live your best life. She is the founder of Pocket of Money, LLC and the creator of The Wealth Protocol™. Dr. James has also been a guest financial expert on ESSENCE, WEAA, Madame Noire and more.

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