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

This Business Owner Escaped Overwhelm in the Impact Lab

Natasha is the owner of Tabby Manor – a cat sitting business that offers in-home care and basic grooming services for feline family members. When she approached us, she knew she needed to press “paws” on her business to do some much-needed strategic work and assess its financial health. She walked away from The Impact Lab with an actionable plan to alleviate stress and avoid overwhelm.

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

Restructuring Your Nonprofit

Fiscal sponsorship may be a powerful transition for your organization. While it represents an additional expense, the benefits — such as access to the sponsor's tax-exempt status, administrative support (a fully staffed accounting, HR, and operations department), and potential for increased funding — can outweigh these costs for nonprofits interested in restructuring.

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

Employee Volunteering Initiatives: What to Consider

With corporate volunteering increasing since 2020, companies understand the positive correlation between employee volunteerism and employee engagement and wellbeing. We’ll discuss the benefits of consistent volunteer engagements for companies, and offer ideas for how your company can provide a more sustained impact through employee volunteering.

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

From a Small Social Justice Initiative to Coordinating More Than 40,000 Volunteers

Hands On San Diego’s mission to strengthen communities through volunteer action has created ripples of change in our city. Over the past decade, Mission Edge has been a constant for HOSD, providing the structure, support, and services they’ve needed to succeed. Most importantly, HOSD has expanded its ability to make an impact over the past 10 years, including helping 22 organizations.

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

The Impact Lab Helped This Founder Get to the Root of Her Challenges

Melanie van de Water, the brains behind Interactive Play, has a rich background in interior design, hospitality, and business. Her dream was to introduce child-friendly play spaces to industries such as hospitality and retail, but she faced some hurdles. Our Impact Lab CFO helped her with high distribution costs, shipping delays, and the daunting task of financial management

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

The Long-Term Impact of Fiscal Sponsorship

If you're juggling this decision, you may be wondering which decision will be best for your long-term goals. In this article, we’ll unravel the long-term impact of fiscal sponsorship, discuss some pros and cons of fiscal sponsorship, and help you understand what you might be getting yourself into if you choose this route for your charitable mission.

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

Free Finance Program vs Paid Coaching: Making the Right Choice for Your SMB

So you're a small business owner, and you’re at a common crossroads: do you jump into a free finance coaching program you found online (like the Impact Lab), or do you pull out your wallet and invest in a paid financial coach? In this article, we're going to break it down for you. We'll look at the cool stuff free programs may offer, and what you’d likely get when you pay for a coach.

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

Joining the Impact Lab: How is it Free, and Do I Qualify?

Every year, our team here at Mission Edge works to spread the word about our Impact Lab cohorts: completely free finance support for small business owners who qualify. Our team of finance coaches is dedicated to helping you achieve your business and financial goals. When you join a cohort, you're not just learning new things about owning a business; you're transforming the way you do business.

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

How Your Company Can Prepare for a Volunteering Event

At Mission Edge, our expertise in Community Engagement programming places us at the forefront of understanding the intricacies of volunteering. We've compiled a series of practical tips designed to ensure your employees are well-equipped during your CSR volunteer event and that they feel wholly supported as you send them off into the world to lend a hand.

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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 the Impact Lab Helped This Entrepreneur Change Her Money Mindset

Impact Lab graduate Abby Brown is the driving force behind H2OM, a sustainable apparel brand that’s making waves in the fashion industry with its eco-friendly activewear. Our team provided guidance on efficient inventory management, strategic fundraising, and navigating the complexities of fashion retail, all while keeping Abby's commitment to the environment at the forefront.

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

Mission Edge Celebrates the Majdal Center’s Impressive YOY Growth

Our fiscal sponsorship program has allowed the Majdal Center to focus on what it's best at: interacting with and impacting our local San Diego community. Our collaboration with Majdal Center led to significant growth, including the center’s budget has increased nearly 25% year over year since joining! Learn how Fiscal Sponsorship helped them continue to empower the Arab community in San Diego.

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

Before-and-After Stories: The Power of Working with a Finance Coach

Learn why working with a finance coach can transform your small business and see the success stories from our recent Impact Lab participants! From creating a clear business plan to getting you on track to pay yourself a living wage, our team can give you the financial clarity you need to reach sustainable profitability.

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

Fiscal Sponsorship vs. Nonprofit Formation: A Comprehensive Guide

Fiscal sponsorship is when a nonprofit sponsor invites a charitable project to operate under its tax-exempt status. This arrangement allows the charitable mission to focus on fundraising and impact, while the sponsor handles administrative responsibilities, from finances to HR. Fiscal Sponsorship can be a helpful tool because it offers a streamlined way to access funds and operate efficiently.

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Accounting, Nonprofit Westerly Creative Studio Accounting, Nonprofit Westerly Creative Studio

Achieving Audit Readiness for Nonprofits

Few things are as crucial as being audit ready. For organizations, audits can be stressful and time-consuming, but with the right preparation, it can be a smooth and headache-free process. At Mission Edge, our dedicated managed services accounting team understands the importance of audit readiness, and we ensure our clients are well-prepared to face any audit with confidence.

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

Fueling the Future: Indigenized Energy and Mission Edge

The best part about our jobs here at Mission Edge is helping our community's heroes go further, faster. Our collaboration with Indigenized Energy is one of our favorite stories to tell because the organization is creating waves of change for Native tribes across the country. Through fiscal sponsorship, we came alongside them to help them develop new practices and policies.

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

Embracing Full-Time Entrepreneurship with Mission Edge

Elliss joined our Impact Lab program to transform her clothing rental business into a full-time endeavor. Her journey with Mission Edge is a testament to the importance of targeted inventory management, financial planning, and marketing interventions that can lead to substantial improvements in business performance and sustainability.

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

Trust-Based Philanthropy and Corporate Social Responsibility

Traditionally, grantmaking is straightforward: the wealthy donate to the less fortunate to address societal issues. But here at Mission Edge, we want funders to bring an awareness of power and equity. Trust-Based Philanthropy seeks to rebalance the power dynamics in philanthropy. At its foundation, it acknowledges the reality that philanthropy has contributed to systemic inequities.

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

What is Fiscal Sponsorship? Agreements, Benefits, and Costs

Fiscal sponsorship allows organizations to operate under the umbrella of an established nonprofit, giving them access to charitable funds without the hassle of setting up their nonprofit entity so they can focus on what they do best: bringing their social change projects to life. With Mission Edge, we handle the administrative workload and provide strategic support to help you scale and grow.

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

Marketing Business Increases Profit Margin with the Impact Lab

Sometimes, all it takes is fresh eyes and a new perspective. That's precisely what our finance experts did to help Gwen get her marketing business on a path toward profitability and scalable growth. Gwen's journey with the Impact Lab demonstrates the importance of strategic financial analysis, tracking expenses, niche targeting, and specific pricing strategies that can lead to profitability.

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