Nonprofit Organization Survival Tips:
Surviving and Thriving in Tough Economic Times
Seth Bloom, Bloom Consulting, Inc.
Recession, inflation, deflation, correction, etc., whatever you want to call what we’re going through the simple fact is that many of us have already made adjustments at home and in our businesses, and most of us may need to consider further belt-tightening in the near future. As community leaders, many of us are also wrestling with the impact this economy is having on our nonprofit organizations. As consultants specializing in nonprofit fundraising, strategic planning, marketing and leadership development, Bloom Consulting has had extensive experience with the financial challenges that all nonprofits face from time to time, and we recognize the difficulties that the current situation poses. Fortunately, we believe there are ways to reduce its impact and insure that your nonprofit not only survives, but thrives, in the days ahead.
This list is for anyone with a common sense approach to surviving and thriving in tough economic times. While nonprofit organizations should consider many of these initiatives, they may not all apply to every nonprofit. Yours may have already adopted some, while others may seem too simple or too difficult. Chances are you’ll find a few here to consider, and undoubtedly others will stimulate your own creative ideas.
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