Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

Fiscal Sponsorship: Model A vs. Model C

There are two main types of fiscal sponsorship: Model A and Model C. Also known as "direct" or "comprehensive" fiscal sponsorship, Model A is an all-in-one solution; this is a nonprofit in a box. Model C is sometimes called "indirect" fiscal sponsorship or a "pre-approved grant relationship."

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Impact Lab, Small Business, Client Success Story Westerly Creative Studio Impact Lab, Small Business, Client Success Story Westerly Creative Studio

From Losses to Long-Term Profitability

At the time Andrea joined Mission Edge, her primary challenge was profitability. Despite the fact that they’d been able to generate significant revenue, the company was still incurring losses. Andrea knew she needed help identifying areas to cut costs and improve margins, as well as advice on how to allocate an employee retention tax credit payment she received as she was going through our program.

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Impact Lab, Small Business, Client Success Story Westerly Creative Studio Impact Lab, Small Business, Client Success Story Westerly Creative Studio

Spinning Up Success

Daniel “DJ Danny” Torres is a SoCal-based professional wedding and corporate event DJ. With the ultimate goal of opening his own venue space, Danny needed some assistance setting up for long-term success. He started working with Mission Edge seeking help to set revenue goals and optimize his pricing strategy.

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Impact Lab, Small Business, Finance Coach Westerly Creative Studio Impact Lab, Small Business, Finance Coach Westerly Creative Studio

Preparing for SMB Success

Here at Mission Edge, we’ve seen countless small to medium sized business owners like you go from overwhelmed and anxious about their finances to in-control and knowledgeable. We believe that working with an experienced, unbiased professional is the best way to get unstuck from whatever is holding you back and finally work toward unlocking your business’s full potential.

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Nonprofit, Small Business, CSR Westerly Creative Studio Nonprofit, Small Business, CSR Westerly Creative Studio

Not Your Average Internship

San Diego Gas and Electric came to Mission Edge at the beginning of the summer wanting help with getting their interns connected to the San Diego community in a meaningful way. We partnered with SDGE to facilitate a virtual social impact project for more than 40 of their summer interns who were eager to make a difference in the community through their roles supporting nonprofit partners.

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Nonprofit, Small Business, CSR Westerly Creative Studio Nonprofit, Small Business, CSR Westerly Creative Studio

How Mission Edge Helped This Biotech Company Give Back to the Community

When Illumina came to Mission Edge three years ago, they wanted to facilitate a volunteer project that engaged an important cohort: interns. Their goal was to help early-stage professionals understand that community engagement is an integral part of working at Illumina. Now, for the third year in a row working with the biotechnology company, we’re creating a virtual volunteer project for Illumina’s summer interns.

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Nonprofit, Small Business, CSR Westerly Creative Studio Nonprofit, Small Business, CSR Westerly Creative Studio

Empowering Change: Mission Edge and Qualcomm's San Diego Employee Giving Committee

Mission Edge came alongside Qualcomm to advocate for nonprofits and provide Qualcomm’s employees with the information they needed to make selection decisions. Because Mission Edge understands both corporate and nonprofit cultures, we were able to create a CSR program that truly meets the needs of local nonprofits, and helped Qualcomm select partners that fit within the giving goals of the program.

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Small Business, Fiscal Sponsorship Westerly Creative Studio Small Business, Fiscal Sponsorship Westerly Creative Studio

How Switchfoot Bro-Am Restructured to Keep Growing

Through our fiscal sponsorship program, we provided the Bro-Am with full-service accounting and human resources services, as well as a proven nonprofit structure to operate within. The partnership allowed the band to focus on focus on planning their art, community impact, signature events and fundraising, leaving nonprofit management and logistics to the experts (us).

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Impact Lab, Small Business, Finance Coach Westerly Creative Studio Impact Lab, Small Business, Finance Coach Westerly Creative Studio

A Guide to Finding the Right Small Business Finance Coach

If the words “finance coach” put a bad taste in your mouth, you’re not alone. A small-business financial coach will help you create a plan that covers everything from basic business concepts to managing your cash flow. Rather than a one-size-fits-all plan, you’ll get advice and insight tailored to where you currently are as a business and where you want to go.

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Impact Lab, Small Business, Finance Coach Westerly Creative Studio Impact Lab, Small Business, Finance Coach Westerly Creative Studio

What a Small Business Coach Can Do for Your Business

A finance coach is an experienced financial professional who partners with small businesses to provide strategic financial guidance, expertise, and support. (Around here, we like to call them CFOs or “finance experts.”) They work closely with business owners and leadership teams to understand the company's goals, financial challenges, and growth strategies.

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Impact Lab, Small Business, Client Success Story Westerly Creative Studio Impact Lab, Small Business, Client Success Story Westerly Creative Studio

Burger Pop-Up to Thriving Catering Business

In December of 2020, Irani started Rombomb Burger, a San Diego catering business he hoped to expand into a thriving mobile burger joint. But trying to provide for his family with a patty-flipping, burger-slinging business during a pandemic proved tricky at best. Here’s how our finance experts helped Romin add a little meat to his budding burger business.

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Impact Lab, Small Business Westerly Creative Studio Impact Lab, Small Business Westerly Creative Studio

Working Smarter, Not Harder

When you start out in a small business, you don’t always have the luxury of perspective, or the resources to know what to avoid before it’s “too late.” We created the Impact Lab as a free program to help small business owners like you figure out what’s holding them back, and help them work toward their goals with solid, data-driven planning and personalized, community-based support.

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Impact Lab, Small Business, Client Success Story Westerly Creative Studio Impact Lab, Small Business, Client Success Story Westerly Creative Studio

How This Brazilian Food Business Streamlined Its Offerings

Due to their expertise in Brazilian cuisine, Jane and Eduardo had no problem coming up with a large variety of products to offer their customers. But over time, they began to have difficulties keeping up with inventory management and allocating time. Mission Edge helped them to have a more accurate perception of their business costs and future growth opportunities.

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Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

Fiscal Sponsorship by the Numbers

It’s hard to believe that it’s been more than ten years since Mission Edge started in 2011. We’ve grown a lot since then— we now have over 30 employees and serve over 100 organizations. Learn about how we’ve grown our fiscal sponsorship for nonprofits and small business in 2022 to better serve our clients looking to make an impact!

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Impact Lab, Small Business Westerly Creative Studio Impact Lab, Small Business Westerly Creative Studio

Navigating Profitability

For small business owners, profitability is the key to essential business functions, including: Paying our employees fairly and on-time, investing in the long-term growth of our businesses, and allowing us to stay flexible with changing market conditions and competitors. Use these financial metrics to determine the profitability of your small business!

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Impact Lab, Small Business, Client Success Story Westerly Creative Studio Impact Lab, Small Business, Client Success Story Westerly Creative Studio

When Small-Business Finances Feel like a Different Language

Mission Edge helped Laura Valdés, founder of Valdés Language Services, make future growth financially possible. From improving her marketing to cultivating clear plan for hiring contractors and growing her business, our finance expert Carolynn helped Laura gain clarity around how to make running her business sustainable.

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