Just like a haircut, some budget cuts can be good and others can be bad. Nonprofits that survive difficult economic times combine strategic cuts with strategic investments.

What do small nonprofits need to know about finance and accounting? It got to appear on the Everything Nonprofit Podcast where we address questions like what is the chart of accounts, making engaging financial reports, and making difficult budget decisions.

VIDEO: Do you have to make difficult budget decisions this year? The matrix map can make it quicker and easier!

How can a nonprofit build a budget amid so much uncertainty? These tips will help you navigate this year’s budgeting challenges successfully.