Non Profit Club Insurance

Non Profit Club Insurance

Non Profit Club Insurance

Making ends meet has always been difficult for most non-profit organizations, but in today’s economy it has become a lot harder. According to the Society for Nonprofit Organizations (SNPO) demand for the services provided by non-profits has increased by 60% yet revenues have decreased by 61%. Most non-profits have minimal budgets in general with 80% of registered non-profits reporting budgets below $100,000.

In the struggle to bring in more donations and raise funds not to mention the business of offering desperately needed services, what more can be done to provide more for less? The first thing non-profits need to remember is that they are businesses. Businesses generally look to make money and cut costs. Most non-profits have the making money part down, but what about saving money? The business world does offer some good advice for cost cutting that easily apply to non-profit organizations.

Negotiation – this tool is especially effective in cases where there is a good competitive landscape. For example, most urban areas have more than one telephone company competing to offer services. Some even have the benefit of cable companies or others that provide telephone and Internet services. Getting quotes is easy because these companies want your business. Take advantage of that. Some upstanding organizations may also be willing to give you discounts or equipment donation.