management

Premises and Equipment

Make sure you have an assets register listing details of all your capital assets and dates of purchase and disposal

Unless your group is very small and operates from the homes of individuals, you will have some sort of premises, however basic. You are also likely to have furniture and equipment, and possibly vehicles and stock. The sourcing, security and maintenance of these is your responsibility.

Cost Cutting and Making Ends Meet

Engage all your staff in looking for solutions... 

If as is usually the case, there is a shortfall between what you forecast you can earn and what you need to spend in the coming year, you have to find ways of closing the gap. If you can raise more income, well and good, but note if that has associated costs and provide for them in the expenditure part of the budget.

Efficient Financial Planning

If you can tighten up on your debtors and manage your creditors better, you may be able to release some extra cash in the organisation.... 

Some Simple Rules...

Some people are paid monthly and organise their own finances to pay the big bills – credit card and mortgage just after the salary cheque comes in.

Monitoring Results

You may need to make further cuts as a result or make other changes in your operations...

There is no point in planning your budget and in gathering the information if you do not use it. You should keep simple spreadsheets of actual expenditure and income and actual cash flow if you do not have a bookkeeper/accountant do this for you. Have a review each month of your own numbers, even if you have an accountant to prepare quarterly management accounts only. Keep a very close eye on the cash balance, but also on the numbers generally – are they up or down on expectations in the budget – why?

Employment Law

Employment law changes regularly - staying abreast of those changes is crucial for all employers...

Employment law changes regularly and is demanding for organisations to keep abreast of. It currently includes, but is not limited to, the following acts:

Employment law changes regularly - staying abreast of those changes is crucial for all employers...

Good Employment Practices

Invest in training and development for all staff...

These are some other elements of good employment practice you should consider:

Dealing with People

The more people are involved, the more complex your organisation becomes...

Recognising all of the people involved

The people who undertake the work of your organisation, whether they are paid a wage or not, are the most important asset of your organisation. Without them, you simply would not exist. Every person plays a vital role, and everyone needs to view each other as partners in a team working together to achieve common goals.

The types of people involved in your organisation might include:

Paid Employees

You must provide all employees with proper payslips... 

If an organisation decides to take on staff, it must be very clear about the legal and moral obligations that go with being an employer.

These are just some of your legal employment responsibilities:

Volunteers and Other Human Resources

It is vital that the contribution of all workers is recognised, planned for, managed and evaluated... 

There are no specific laws relating to volunteers. In the case of volunteers, the challenge is finding and keeping volunteers without the lure of a salary.

Some examples of good practice in volunteer management include:

Managing Risk

Community, voluntary and charitable organisations are not immune from risk - indeed some level of risk is unavoidable.

By properly managing risk, an organisation can fulfil its potential and the negative effects of hazards can be reduced...

Syndicate content