Reply To: Budgeting in an era of inflation

#510
Ruth McCambridge
Participant
    @ram

    When I wrote that article for the newsletter, I was struck once again by the many wildcards in the financial management of nonprofits. IT WAS INTERESTING TO SEE HOW MANY CURRENT PROBLEMS OF ADDED COST ACTUALLY PRECEDED THIS PERIOD OF “INFLATION” AND WERE CONNECTED TO OTHER ISSUES SUCH AS SUPPLY CHAIN CONCERNS AND EXPECTATIONS ABOUT THE BASIC EMPLOYMENT CONTRACT.

    I think another issue embedded in such shake-down periods has to do with the fact that such shifts may actually open up new ways of doing business for some nonprofits. More of a particular market may open up in some cases, for instance. Is there anyone here who has experienced that?

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