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Budgeting

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Financial Planning for Uncertain Times

Financial Planning for Uncertain Times

By: Melissa Lagowski CEO/Founder/Queen Bee Big Buzz Idea Group Does your organization have a reserve fund? According to an annual survey conducted by the National Council of Nonprofits, less than 25% of the survey participants had six months of reserves. The majority had less than three months of operating reserves, and 10% had less than 30 days cash on hand. Many nonprofit organizations have budgets that have them eking through the year with a minimal surplus or worse yet, a financial loss. Why any board member would disregard fiduciary responsibilities and approve a negative budget is beyond me, but that...

To Be Successful, Nonprofits and Associations Must Be Forward-Thinking

To Be Successful, Nonprofits and Associations Must Be Forward-Thinking

By: Melissa Lagowski Founder, CEO and Queen Bee, Big Buzz Idea Group “Insanity: Doing the same thing over and over again and expecting different results.” ~Albert Einstein Do you feel like your organization is in a rut? Does it seem like no matter what you do, your budget hasn’t seen growth and programs don’t expand as you had anticipated? Are you still struggling with staffing shortages or failing to fill those seats on the Board with engaged leaders? It is not uncommon for nonprofit organizations to rollover their same plan from year to year, but the reality is that if you...

Why Nonprofits Need to Evaluate Their Budgets Every Year

Why Nonprofits Need to Evaluate Their Budgets Every Year

By: Melissa Lagowski CEO, Founder and Queen Bee, Big Buzz Idea Group It’s that time of year when many clients are setting budgets for the year ahead. A budget is a crucial part of planning and execution. But all too often in the nonprofit world, budgets are simply carried over without questioning individual line items or evaluating partnerships. In taking a closer look and applying a forward-thinking, strategic mindset, we’ve helped our clients find areas where their organizations can trim excess spending and make those dollars work harder. Cost savings and more efficient, effective spending—that’s what we all want, right?...

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Insights Blog Archive

  • Seven Tips to a More Productive Year for Your Organization
  • Our Top Five Free Online Tools for Nonprofit Management Teams
  • Board or Bored Leadership – Enter the Magnificent Seven
  • Why Identifying and Communicating Your Core Values Is Important
  • 9 Lessons Learned from Our First Virtual Conference
  • The Birth of a New Vision
  • Four Pillars to Attracting and Retaining Ideal Employees
  • Take Time to Evaluate Your Events
  • Holding On When You Feel Like Throwing In the Towel
  • DIY Event Photos
  • If You’re Feeling Hopeless of Late, Remember That Your Work Matters and You Do, Too
  • Never Overlook the Value of Gratitude
  • Becoming a Virtual Event Planner in an Instant
  • Making a Case for Strategic Planning
  • 3 Reasons Why Your Organization Should Use Canva
  • Engage Your Board – Start with Recruiting and End with A High-Performance Culture
  • Talk to Me! Prioritizing Internal Communications During Times of Transition
  • Four Step Process to Building Better Buy-In
  • 5 Ways to Generate Sponsor Leads
  • Time to Assess Your Year-End Campaigns
  • Does Your Mission Have a Compelling Voice?
  • Securing Help from Your Board: Are You Ready?
  • The Board’s Hot (Summer) Topics
  • Budgeting for Your Nonprofit in Uncertain Times
  • Team Culture Exists Beyond the Office Walls
  • 3 Questions to Ask If You Hope to Grow Your Membership
  • Celebrate You and Avoid Nonprofit Burnout
  • A Job Gone Wrong
  • Communication Tips to Advance Your Organization
  • Tips For Meaningful #GivingTuesday Follow-Up
  • Optimize Your Contact List for Nonprofit Growth
  • 11 Tips to Make Your Newsletter More Readable
  • 4 Productivity Tips to Elevate Your Nonprofit
  • Meet Big Buzz, the Creators of Ribfest Chicago
  • Big Buzz Has COVID-19 Resources For You!
  • Nonprofit Form 990: Friend or Foe?
  • 4 Ways Outsourcing Your Development Work Can Provide Value
  • How To Secure More Donor Dollars
  • Why Nonprofits Need to Evaluate Their Budgets Every Year
  • Tips for Virtual Event Success
  • Networking for Personal and Professional Growth
  • Cyber Security: How To Protect Yourself In Today’s “Connected” World
  • Fresh Funding Ideas Are Blooming
  • How to Rewire Your Brain with Positive Thinking
  • Boost Your Daily Productivity
  • 3 Tips For Maintaining Your NPO’s Digital Assets
  • Make Your Nonprofit Stand Out: Creating Impressions for Impact
  • What’s Your Nonprofit’s Story
  • How to Keep Your Visuals On-Brand
  • Nonprofit Event Venues 101
  • Lessons Learned in Nonprofit Management
  • Transparency and Nonprofit Organizations
  • How to Secure Mega Sponsorships For Your Fundraising Event!
  • New Year’s Resolutions for Board Members
  • Defining Your Value: Reclaiming Relevance to the Community You Serve
  • 2020: A Lesson in Gratitude
  • The Need to Go Beyond Surveys
  • Why You Need to Establish Gratitude as a Pillar at Your Nonprofit
  • Cancelling or Postponing Your Events in Light of COVID-19
  • Please Send a Hi-res Copy of Your Logo
  • The Taxman Cometh (Yes, Even For Your Exempt Organization)
  • The Hidden Costs Behind Your Fundraiser
  • 6 Tips for Recruiting Ideal Board Members
  • Conference Call Hero – 6 Tips to Master the Art of Video and Audio Conferencing
  • 50 Content Promotion Tactics: How to Drive Traffic to Your Next Article
  • The Benefits of Outsourcing
  • Spend Less. Do More. Your Guide to Effective Outsourcing
  • Real Progress Requires Intention: What Do You Want to Achieve in 2020 for Your Nonprofit?
  • Re-Imagine the Possibilities to Better Serve Your Mission
  • Organic Methods to Cultivate Sponsorship Leads
  • The Compelling Case to Renew
  • Four Tactics to Resolve Nonprofit Staffing Shortages
  • Life After COVID-19: Next Steps for Your Nonprofit
  • To Be Successful, Nonprofits and Associations Must Be Forward-Thinking
  • SPONSORSHIP 101: Growing Nonprofit Revenues
  • Financial Planning for Uncertain Times
  • Should You Ever Cover Board Member Expenses?
  • Why Your Nonprofit Needs Brand Guidelines
  • Why Is My Organization Not Growing?
  • 5 Reasons to Outsource Instead of Rely on Volunteers
  • SPONSORSHIP 101: To Package or Not to Package
  • 5 Secrets to Streamlining Your Administrative Tasks
  • Organizational Operations Versus Organizational Strategy
  • Interim Directors Provide Strength in Times of Transition
  • Fundraising: Creating a Straighter Path to Revenue Growth
  • How to Manage Your Organization During an Election Year Without Violating Your Nonprofit Status
  • Virtual Fundraising: 18 Ideas for Nonprofit Revenue
  • Goal-Setting For Successful Events
  • How Nonprofits Can Use Social Media to Meet Goals
  • 10 Tips to Cultivate Sponsor Relationships
  • Big Buzz Idea Group Launches Additional Services
  • Is Your Marketing Missing the Mark?
  • Innovative Approach to Volunteer Recruitment

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