When early warnings fall on deaf ears

Balancing income and expenditure can be a challenge for many organisations with a social purpose, whether they are public sector bodies, not-for-profits or social enterprises. Especially in times like this, when what passes for normal is changing on a daily basis and everyone’s feeling the squeeze. It’s important that such organisations identify potential financial issues early, so that they have time to address them before things hit the fan. But even when early warning signs are evident, they don’t always get acted upon.

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