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Posts Tagged 'revenue'

We are pleased to present below all posts tagged with 'revenue'. If you still can't find what you are looking for, try using the search box.

How Small Business Saturday is Transforming Communities

According to the U.S. Small Business Administration (SBA), Americans spent an estimated $17 billion on Small Business Saturday in 2023, highlighting its significant impact. Celebrated annually after Thanksgiving, Small Business Saturday was launched in 2010 by American Express and has been supported by the SBA since 2011. This event emphasizes the vital role that small businesses play in the U.S. economy.

Building Long-Lasting Business Relationships Through Personalized Financial Services

The industry is witnessing a remarkable shift toward personalization. In a Neklo article, 68% of bank respondents said personalization is essential for their organizations' customer acquisition strategies.  This sentiment is echoed by consumers themselves, as research by Accenture shows that 91% of customers prefer doing business with companies that provide relevant, personalized recommendations.

Nonprofit Sustainability Through Revenue Diversification

Nonprofits often time face ongoing challenges with funding,  In 2023 a report from NonProfit PRO stated, that 76% of nonprofits reported significant funding challenges due to economic downturns and the erosion of donor bases. The problem is exacerbated by the nonprofit sector’s heavy reliance on large donors—contributions from major donors, who account for nearly 75% of total dollars donated, declined by 10% in the first quarter of 2023​ (Association of Fundraising Professionals)

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