In 2015, Britain signed a deal for China to get involved in the country’s nuclear power system. But now concerns have been growing in the government about Chinese companies participating in sensitive infrastructure like nuclear generating stations. And there is concern whether other investors will want to get involved in a project part-owned by China. … Read more
Non-profits have little room for error when developing relationships with corporate partners. Corporates are keen on their reputation and the value for their money. Therefore, before committing to your organization for a partnership for their CSR needs, corporates have to understand the enlightened self-interest of the entire program. Enlightened self-interest is the benefit received in … Read more
I held a candid conversation with a soon-to-retire sports personality (name withheld for ethical reasons but let’s call her Jane) about her future after years of active professional sporting. She was concerned about how to sustain her charitable activities without blowing her savings. Influential individuals, including celebrities and athletes, are very active in charitable activities. … Read more
SMART is an acronym gaining remarkable popularity in the world of business which represents key features specialists generally agree must be incorporated into your goals to align yourself on a route to success. This system was introduced in 1981 when an article by George Doran (there’s a S.M.A.R.T way to write management’s goals) highlighted the … Read more
The fast growing emergence of Digital Marketing and Social Media in the world of business today is offering many revolutionary opportunities for the exploration of new horizons. These technologies are commonly focused and employed in domains of marketing and consumer research though they can be very effective being powerfully utilized in the practice of crowdsourcing. Crowdsourcing … Read more
Let’s find out what are the main reasons giving on social media works and how you can use them to your advantage. Reinventing social image People who are actively involved in social media have reinvented the notion of social media. Now you can re-create your whole life and persona on Facebook. Supporting a cause is … Read more
ICO has proven to be a revolutionised way for many companies and projects to raise money. ICO can be said as the blend of conventional methods and advanced techniques. The primary thing to consider here is that investors investing in the ICO will be 100% free of risk due to the technology used. Till now, … Read more
What about crowdfunding? In a society that’s continuing to be more interested in social impact, this is a potentially huge area to raise funds. Think of Kickstarter. Anyone can promote any cause and collect money from anyone around the world. All they need to do is connect to an investor’s sense of purpose. Be aware … Read more
Work the pyramid Asking for more money is never easy, especially if you fear losing a relationship with a person who has given faithfully to your organization for many years. But you must overcome this fear and ask for more money. Why would someone consider giving you more money? First, they must believe in your … Read more
How much do you spend on fundraising? CharityWatch analyzes the effectiveness of nonprofits across a wide range of statistics. One particular interesting number is the “Cost to Raise $100.” Exactly how it sounds, this reflects how much it costs a charity to bring in $100 of public donations. On this basis, a nonprofit is considered … Read more