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The Board has legal obligations to ensure your organisation is fulfilling its purpose, remains solvent, meets obligations and will ultimately be responsible for dealing with any ramifications from a corporatepartnership. The process puts YOU in the driver’s seat and you’ll do ample due diligence on prospective partners.
And yet, when it comes to winning corporatepartnerships, I witness some non-profit boards set unrealistic targets, fail to provide training or a roadmap to follow, sending out ill-prepared fundraisers to negotiate with corporates at the wrong time of year. 1] Conscious Consumer Report 2020 (free to download here ).
Savvy corporates will be willing to invest, but will you be ready to partner? Do our Readiness Q&A today to see if your organisation is corporatepartnershipready. Georgia McIntosh. Background.
According to credible sources [2] , the country experienced an economic downturn due to the COVID-19 pandemic in 2020. When considering your corporatepartnerships strategy, focus on the facts, not scaremongering. Australia's Economic Situation As of now, Australia is not officially in a recession.
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