Accounting for the modern age, a cloud-based accounting system. Allowing you to manage your financial information more efficiently and cost-effectively. Financial and business information plays an integral role in the management of arts businesses. It is used for many day-to-day operations: to comply with accounts, tax, PAYE and VAT obligations; to tell us about levels of cash, income, costs, debt
This article explains the different charity structures and the process of direct conversion. Charities in England and Wales join Scotland in being able to convert directly to a charitable incorporated organisation. Charitable incorporated organisations (CIOs) have been in existence since 2013. A CIO is one of the four types of legal structures that are available to charities, the other three being
Pro Active Resolutions are proud to announce our second year headline sponsorship with The Emcees, and their Arts & Culture Awards for Excellence in Fundraising 2018. Fundraising is a vital role for arts organisations and the wonderful efforts of these fundraisers certainly deserves to be recognised. The annual Emcees Awards, celebrating excellence in arts and culture fundraising does just that.
There should be a culture of control and fraud prevention embedded into the strategic and operational affairs of an organisation. Senior management and trustees create this culture and should lead by example in adhering to the organisation’s internal financial controls and good practice. The trustees should make sure that an annual review is conducted into the effectiveness of internal financial
This article is based on a keynote presentation I made earlier this year to the Westminster Media Forum. The presentation followed on from views I had shared in Arts Professional in response to an editorial piece they wrote in November 2016 “Winners and losers as arts organisations diversify income”. Given that many organisations need to diversify income streams, there are three
Here at Pro Active Resolutions we act as a business friend to a wide cross section of businesses. The businesses vary in terms of size, complexity and what they do. However, one of the sectors that we have a strength of knowledge, experience and affinity with is the arts and creative sector. We have supported the arts sector over many
Product development and fundraising play a significant role in the arts world, and some of that innovation and excellence was highlighted at the recent Emcees Fundraising Awards that we were pleased to support. The examples of fundraising showcased and stories told prompted me to reflect on the similarity and link between fundraising and developing new products and services. Product Development
We’re proud to announce that Mahmood Reza, Owner Manager of Leicester based Pro Active Resolutions has been invited to join some of the leading figures and heavy weights in the UK’s cultural scene to make a key note contribution on Cultural funding in England. The seminar is taking place on 27th April 2017 at The Westminster Media Forum, Whitehall, London.
Starting a business and the risks involved can sometimes put people off pursuing their dreams. However once you get that spark of inspiration, it’s hard to contain the excitement that comes with your plans of starting a new business. After all, this is something that will not only allow you to expand your income, it would also be the perfect
Becoming Self-Employed Registering as self-employed and running your own business can be extremely rewarding. However, being the captain of your own ship whilst losing the safety net of employment can be tough to balance. It comes about as a result of a conscious decision or a drift into it. In this blog we will share some thoughts based on our