Impact and finance are where head and heart come together; you simply can’t have one without the other. However, for many organisations it can be difficult to get the balance right between them – too much focus on impact and an organisation’s financial sustainability is at risk. But too much emphasis on finance over impact can mean that you’re not achieving your fundamental aims as a not for profit.
So how can you arrive at the right balance, and what tools can you use to ensure that you’re staying on the right track?
Our Fundraising & Management Impact and Finance teams discuss the relationship between impact and finance, how Coronavirus has made us think again, and how to adapt your strategy so that they work together.
