Employee Motivation: What you should know Employee motivation is highly important for the productivity and growth of any organisation. Employees who are motivated by their managers show good efforts, get involved in critical processes and on the whole remain loyal to their organisation. Employers should not overlook the power of motivation and should constantly try to boost the morale of
Marketing On A Budget Effective and cost efficient marketing (contrary to popular belief) doesn’t have to have a huge price tag attached to it. However if you don’t do your research it can work out to be expensive. Numerous advertising companies will contact you promising vast increases in your sales if you sign up to one of their many (usually
Accounting for the modern age 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
Which VAT Rates To Use And When VAT is a tax that affects charities and arts organisations, and not just private business. This blog will look at the principles of VAT and how it directly affects arts charities, many of whom struggle when deciding which VAT rates to use for different goods and services. VAT registered businesses charge output VAT
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.
Protecting Your Business From Fraud 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 Recipe For Successful Diversification 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
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
Business Budget A business budget plays a vital part in an effective system of planning, control and performance management. It shows expected future income and expenditure, and translates into financial terms what an arts organisation’s future, planned activities are. Traditional budgeting systems look at current cost levels and adjust for inflation and changes in income in order to produce an
Product Development 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.