article thumbnail

15 Unexpected Costs of Cutting Your Nonprofit Board Portal Software

Board Effect

Nonprofits are currently experiencing a tough time, particularly with the economic downturn, which may have impacted donations and support, along with rising operational costs. The trends of declining fundraising and rising operating costs are expected to continue, according to the Cerini Associates report on nonprofit trends for 2023.

article thumbnail

Unlocking Efficiency by Harnessing Governance Technology for Your Community Bank Board

Board Effect

Governance technology is an essential step toward the digital transformation of your board and organization. Here is why you should use governance technology to increase efficiency for your community bank or credit union board. Using governance technology is a key enabler for that goal. Slow workflows impact cash flow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

article thumbnail

10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

article thumbnail

Modern Governance: Secure Communications and Materials

Board Effect

Modern governance is a relatively new term that was introduced by Diligent Corporation to update the view of governance by today’s standards. It refers to the tools and processes that today’s boards need to reduce governance gaps and address current challenges successfully. What Is Modern Governance? Communication.

article thumbnail

How The Covid-19 Pandemic Boosted Adoption Of Emerging Technologies In Southeast Asia

YoungUpstarts

Amidst the outbreak, governments across the region, such as Singapore have been promoting the use of digital finance as a means to minimise physical contact and stamp the spread of the virus, channelling more monetary support for the growth of e-payments and digital financial solutions.

Asia 290
article thumbnail

7 Indications Your New Venture May Not Be Investable

Startup Professionals Musings

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Products requiring changes to government regulations. Huge investments are also required to ramp up manufacturing, build a distribution network, and provide the support infrastructure.