A related party transaction is a transfer of resources, services or obligations between related parties, regardless of whether a price is charged, including: Purchases

Related party is a term used by The Charities Statement of Recommended Practice that combines the requirements of charity law, company law and the

Fixed costs are usually the overheads of an organisation or department and are costs that will be incurred regardless of the level of activity.

Charities may be pricing a service for: Individual users or customers – for example, you may sell books or places on training courses Organisations

You need to decide what your objective is in relation to the activity or service as this will inform the pricing strategy you adopt.

Cultural fit; perhaps the most significant barrier to successful merger is lack of “cultural fit”. Many charities rely on the goodwill of their stakeholders

The merger process can usually be broken down into five steps: 1. Feasibility study; undertaken to establish whether the merger is likely to work

A merger between two organisations can provide a number of benefits by reducing overall risk, potentially taking advantages of synergies in operations, and offering

In order to document the agreement between partners, you should draw up a collaboration agreement or memorandum of understanding. The precise form of this

Before you enter any form of collaboration, it is sensible to undertake some due diligence, taking it further if you are considering a deeper

You can manage some of the risks by undertaking adequate due diligence and setting up an appropriate legal framework in the collaboration agreement. There

Working together with another organisation may allow your charity to deliver new or improved services for your beneficiaries, particularly if your beneficiaries have a

A collaboration could take the form of: A joint operation, where two or more organisations perform functions contributing to a project. Sometimes known as