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Introduction We are often asked about legal issues related to nonprofits. This post provides a brief overview of the legal needs of nonprofits as outlined in Rosenthal’s 2012 book titled, An [...]

Two Types of Funding Two kinds of funds are potentially available to the entrepreneur: debt and equity. This brief piece discusses the two types of funding, outlining their pros and cons from the [...]

What is Cash Flow? Cash flow is the inflow and outflow of money from a business. It is necessary for daily operations, taxes, purchasing inventory, and paying employees and operating costs. Cash [...]

Clean Slate In Latin, “tabula rasa” means clean slate. In epistemology and psychology, tabula rasa is a hypothetical condition that empiricists have attributed to the human mind before ideas have [...]

Where Did It Begin? The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020. Over $2 trillion was designated to providing fast and direct economic [...]

Those of us in the nonprofit world are facing the challenge to remain viable in a rapidly changing present and future, due to unprecedencted COVID-19 global challenges. We at CommonWealth [...]

In anticipation of St. Patrick’s Day on March 17th, we got to thinking about the “luck factor”, or what it means to be lucky. So, we’ve addressed this topic in this month’s blog piece. What Are [...]

Self-Care It is a new year, a new decade, and we are approaching the annual holiday that celebrates LOVE! What better time to incorporate a little love in the way we consider the work of building [...]

So, You Want to Start a Nonprofit? You have the desire to do something wonderful for your community.  You have the skills necessary to make that wonderful thing happen.  What else is needed to [...]

So, you’re thinking about launching a crowdfunding campaign?  Let’s take a look at this useful tool in the non-profit fundraising toolbox. What is Crowdfunding? What’s crowdfunding anyway?  Well, [...]