Not for Profit
Managing a medium-to-large Not for Profit can be just as complex as a For Profit enterprise. You may have a multi-million dollar turnover – but how do you know you are maximising your full potential without impartial analysis of your organisational structure?
DFK Crosbie has the background and expertise to make these improvements a reality.
“The big picture is that registered clubs and not-for-profits bring so much benefit to the whole community… but that can’t happen unless they’re profitable and compliant. That’s where DFK Crosbie’s expertise comes into play.”– Shaun Mahony, Partner at DFK Crosbie.
It is said that you often can’t see the forest for the trees; this is true of organisations caught up in a single operational structure with no exposure to impartial analysis.
That’s what business advisers offer – an independent and unbiased view of your Not for Profit, its strengths, weaknesses and opportunities for streamlining or optimising processes. A business advisory team should also bring skills and unique knowledge to your Not for Profit, offering an added element of professionalism.
Going above and beyond that, industry-leading business advisers act as a sounding board for ideas and proposed changes, guiding your Not for Profit or community organisation along the path to success. Ultimately business advisers should act as partners to your Not for Profit, as committed to its success as you are. At DFK Crosbie, all of this is what our experienced CAs do daily with NFP businesses.
NFP Business Advisory
DFK Crosbie’s business advisers offer guidance on numerous enterprise services, such as:
This process provides a clear framework for understanding the opportunities and obstacles facing a Not for Profit. You can then share this strategic direction with all stakeholders, the board, management team and all your people on the ground to ensure your whole organisation is moving forward in the same direction.
Due Diligence and Feasibility Studies
Choosing a new service offering or aligning your Not for Profit with another organisation in a strategic partnership are important decisions. Business advisers can provide information on the suitability of a new service strategy, partnership or merger through due diligence and feasibility studies. This enables operators to make better-informed choices.
Governance and Board Reporting
A clear focus for the future of your Not for Profit comes from the top. But how do you know your board level is working at its the best, and are getting the right information to make the decisions? DFK Crosbie analyses your governance and chain of command structures to produce comprehensive reports on areas of strength and opportunities for change.
Why DFK Crosbie?
Business consultants excel at delivering day-to-day improvements, while a financial adviser offers invaluable insight into how your organisation can drive real growth. Our business advisory team combines these skill sets and leans on years of experience working with Not for Profits to offer assurance that your charity or club is excelling in every way.
The Australian Not for Profit sector is a challenging place to survive and thrive. That makes it essential to determine what partnerships will take your Not for Profit organisation above and beyond its potential.
From our partners through to consultants, DFK Crosbie’s identity is built on driving growth for clients through leading business practices. We do this through an open process of collaboration and communication, setting actionable goals that organisations can follow for success.
Not for Profit
Nearly half of all charities in Australia operate with no paid staff according to the Australian Charities and Not for Profits Commission (ACNC). Its comprehensive …
Australian charities earned a combined $142.8 billion in 2016. Delving deeper, nearly 45 per cent of this income was generated through government grants, according to …
Meet the Team
Audit and Business
Audit and Business
Treat your Not for Profit like an enterprise
Not-for-Profit (NFP) organisations aren’t run with making money in mind – but that doesn’t mean they should be managed with a lax attitude to proper business process and good governance.
In fact, one of the defining features for organisations and clubs in this sector is the need for accountability and strategic planning. Keeping on top of these important day-to-day elements is only possible if you treat your NFP like a functioning enterprise. This is paramount for charity groups that want to survive and thrive in the Australian NFP sector.
Schedule a Consultation
Get in touch with us to schedule your appointment and discuss how we can help your organisation!