Nonprofits Facing Tough Financial Decisions Due To Pandemic Pummeling
Nationwide, and in Rockland County, nonprofits are struggling under the weight of the pandemic. Organizations of all stripes and sizes are flailing – they have had to cancel significant fundraisers or have been unable to plan them. They have lost ticket and event revenue. Those with government contracts are uncertain what will happen at the end of the fiscal year (June 30). Most charities operate on thin margins. Nonprofits are subject to inflexible restrictions in most gover
Pandemic Stirs Interest In Mergers & Acquisitions For Companies Of All Sizes
In the deep darkness of the pandemic, there was a moment of paralysis – a time when businesses and investors had to absorb the magnitude of the crisis and evaluate what to do next. Six months in, we are noting an uptick of mergers and acquisitions. At the apex of the pandemic, deal volume plunged by more than 50 percent compared to year-to-date activity, according to multiple sources that track sales activity. But since July, the need to forge forward has spurred a resurgence
COVID Reveals Need For Business Partners To Plan For Conflict Resolution
If anything has shown us we count can on nothing, it’s the pandemic. It has revealed just how easily life can be upended and that the best laid plans – or even the best of intentions – may not matter when unforeseen circumstances come our way and human beings react. COVID-19 has thrown death and dissolution our way. It has been an enforced “reset” of our goals, desires, capabilities, and how we plan the future. The pandemic has put far greater emphasis on the need for busines
Condo And Coop Owners Must Enforce Rules To Keep Buildings COVID-Safe
We’re only human, doing our best to live by best practices as the coronavirus pandemic wears on. New York has done a good job to flatten the curve and many of us are wearing masks but disciplined behavior is sometimes hard to maintain and nowhere is this more apparent than in condos and co-ops. You’ll see a building maintenance worker with a face mask draped low around his neck, a gaggle of neighbors socializing in a building lobby, a crew of home remodelers troop in and out
