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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

Room for Improvement: 3 Essential Areas Nonprofits Should Focus On

No matter how successful your nonprofit is, there is always room for improvement. Nonprofits are businesses, and as such, are expected to operate as efficiently as their private sector counterparts despite having less resources, staff and funds to get...
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5 Reasons Why Every Nonprofit Needs a Strategic Plan

Strategic planning is one of those activities most nonprofit leaders know is important, but don’t always make the time for. Let’s face it – with limited resources, you often have to decide whether to put out today’s fires or plan for the future. We’ve...
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3 Types of Construction Contracts: Their Pros and Cons for Owners and Contractors

A new building project is taking flight: design plans are finalized, a budget is approved, and an award-winning contractor is selected. It’s an exciting time in the construction process. While construction contracts are significantly less exciting than...
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From “Eh” to “Awesome!” – How to Become a Great Nonprofit Board Chair

Being the chair of a nonprofit board of directors comes with a laundry list of responsibilities. Not only are you responsible with overseeing the board as a whole, you’ve also got committees to keep track of, board members to keep focused and energized,...
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6 Resources Everyone In the Maryland Manufacturing Industry Should Know About

As politics and policies continue to change, it is more important than ever that Maryland manufacturers stay up to date on what is happening in the industry, take advantage of financial opportunities and keep an eye on new and existing tax credits.
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Increase Your Tax Savings With These Tax Credits for Maryland Manufacturers

Manufacturers, like most businesses, are always looking for ways to minimize expenditures, yet many fail to realize they are leaving money on the table every year when they file their taxes. The following are just a few federal and state credits that...
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