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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail.

Tips 130
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How to tell if your non-dues revenue programs are worth it

Association Success

When it comes to non-dues sources of revenue, not all are worth the time, energy and effort. Organization leaders need to understand the total value of the revenue source, which means more than the return on investment; it also means looking at how much mission impact is perceived to be achieved by board members, staff, and members. .

Revenue 99
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The Power of Learning Analytics: Maximizing the Impact of Your Education Programs

Association Analytics

This refers to the feelings, attitudes, and opinions of the individuals participating in your programs, courses, or training. Example: Through a learner sentiment analysis, one association discovered that one of their courses consistently received low ratings due to challenging content delivery.

Education 169
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Sales Operations Demystified: What It Is, Why It Matters, and How To Do It Right

Wild Apricot

Sales operations refers to the unit, role, activities and processes within a sales organization that support, enable, and drive front line sales teams to sell better, faster, and more efficiently. In the guide, Matt described the different stages — based on annual recurring revenue (ARR) — at which companies should hire its sales ops people.

How To 362
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Online Course Marketing Tactics from Six-Figure Digital Entrepreneurs

WBT Systems

When digital entrepreneurs—those who make their living selling online products and services—see a need in their market, they design a revenue-generating online course to meet that need. This approach requires the ability to move quickly and not get stuck in “analysis paralysis.” After each sprint, you seek feedback from customers.

Course 186
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10 tactics to ensure your strategic plan addresses member learning

Aaron Wolowiec

Record the number of times each of these key words appears throughout this document specifically related to member learning (as opposed to the professional development of staff members, board members and volunteer leaders or any other possible reference). Member learning is not well-represented in the strategic plan.

Analysis 100
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The Most Important Things to Consider When Creating Your Association’s Annual Budget

Virtual

Once the strategic goals have been determined, the author must then engage the various departments and vendors involved with the organization to budget for both revenue and expenses for the upcoming fiscal year. Use your budget as a point of reference, not a static document. Collaboration is essential when creating a budget.

Arizona 100