Profit First for Non Profits

Michael Miro, the founder and principal operator of Shorepath Consulting, is a seasoned consultant with expertise in strategic planning, board development, and creative problem-solving. He has a passion for helping nonprofits, associations, and businesses tackle their challenges through innovative solutions. With a background in the nonprofit and local government sectors, as well as experience with startups and small businesses, Michael brings a diverse perspective to his work. He excels in building strong relationships with clients, actively listening, and providing strategic oversight to align with their visions. 

 

Michael's consulting engagements span various industries, and he holds a master's degree in the Social Sciences and a certificate in Nonprofit Management. Additionally, he serves as board president for two organizations and has contributed to local committees focused on housing and community development.

In this episode, you will learn the following:

• Balancing Programmatic Work and Organizational Development. It is crucial for nonprofits to stay focused on their goals and resist the temptation of pursuing funding opportunities that don't align with their mission.

• Strategic Spending and Financial Reserves. It is important to consider the cost of fundraising and allocate funds appropriately.

• Building Relationships with Donors: Nonprofits should prioritize effectively communicating their accomplishments, ongoing work, and future vision to inspire donors.

• Investing and Taking Calculated Risks. Taking strategic risks can lead to remarkable achievements and advancements for nonprofits.

Links:

www.shorepathconsulting.com

Twitter: @ShorepathGrp

 

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: https://www.eventbrite.com/e/profit-first-monthly-qa-call-tickets-650137146707 Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: [email protected] Email: [email protected] Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst  Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.