Since the passage of the Affordable Care Act (ACA), the healthcare industry has been undergoing more major changes than almost any other industry. The changes that ACA brought with it have caused healthcare systems to make major changes in how…
Boards of higher education institutions may be called by different terms and have slightly different underlying structures depending on whether they’re an independent college or university, nonprofit institution or public institution. The names of the governing bodies may include board…
In looking ahead toward an initial public offering (IPO), corporations need to be prepared for the vast amount of time and expense that comes with taking a company public. Fees and expenses can run from millions of dollars up to…
Communication is a two-way street. As financial partners, it’s ultra-important for entrepreneurs to keep in continual communication with their investors. That means that entrepreneurs need to be at the top of their game, knowing all of the facts and figures…
Getting investors to work with your startup is just the beginning of the entrepreneur/investor relationship. Even though you’ve worked harder than you dreamed possible to secure the necessary funding for your operation, there’s no time to rest on your laurels.…
It’s easy to get caught up in the excitement of starting a new business and not realize how much it really costs to get things up and running well. Most entrepreneurs find that it costs more money and more time…
Most organizations have a business plan whether they need one or not. Some business plans are simple and may even exist only in a business owner’s or board director’s mind. Other business plans are complex and evolving. Creating a business…
Startups that seek funding can expect to get more “no’s” than “yes’s,” at least in the beginning. But don’t let that be a deterrent. It’s possible to secure funding for starting an organization and for executive salaries if you know…
Every nonprofit board does its best work when it has the right people, the right processes and the right tools. There is one specific tool that helps boards with essentially every process that nonprofit boards perform — a board portal.…
Getting a board of directors together and submitting all the forms and fees to start up an organization is a good place to begin. Soon after, boards need to work full steam ahead to round up the necessary funding to…
©BOARDEFFECT 2025 • ALL RIGHTS RESERVED • PRIVACY POLICY