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An example of a significant decrease in revenue would be a consistent major donor that provides monthly contributions of 10% or more of total revenue, suddenly passes away and the customary monthly checks stop. The main purpose of a reserve is to smooth out erratic timing situations, which will enable an organization to survive operating shortfalls caused by economic conditions or management error. For ease of recall, you can remember them by the acrostic    R E S E R V E S: Whether just starting a nonprofit, or needing a peek under the hood of an existing nonprofit, Pro Back Office has the expertise and history to help your nonprofit build capacity to continue your mission into the future.

One of Pro Back Office’s newest clients is the San Diego Repertory Theatre, more commonly known as “the REP This month’s philanthropic spotlight is focused on this special part of San Diego’s diverse history. But the Blues, they have received over 200 awards for artistic excellence from the San Diego Theatre Critics Circle, Patté Theatre Awards, NAACP, Backstage West, Dramalogue, and StageSceneLA. As a non-profit theatre company, San Diego Repertory Theatre relies on individual, corporate, foundation and government support to produce intimate, provocative, inclusive theatre.

PBO has been committed to growing their HR consulting team and was excited to have Rachel join the team in January. Since her arrival at PBO, Rachel has worked with over 15 clients in a variety of HR projects and ongoing fractional HR services. Prior to joining PBO’s HR consulting team, Rachel worked for a large regional law firm where she oversaw the HR functions for five different locations. PBO is thrilled to have Rachel on the team and glad that she is now able to find time to spend with her family while still enjoying a rewarding career.

None Many valuation professionals and investment bankers encourage companies to formulate and implement an exit plan 3 to 5 years prior to the desired exit window. None You will demonstrate a pattern of higher earnings, which substantiates a trend and should potentially increase your business valuation. x A Valuation Multiple Improvement in the multiple will generally have a larger impact on your business valuation. None If applicable, maintain and manage a WIP schedule for projects While these are all tools to improve your current business performance that will deliver profit and manage risk now, they are also steps that will result in an enhanced valuation upon the sale of your business.