businessmanager eletter Vol15 No3 growth

Cash Management Boosts Your Bottom Line

Vol. 15 No. 3

Are you gaining the greatest possible benefit from your school’s cash on deposit? Schools, like most businesses, pay their bills—payroll and invoices for goods bought and services delivered —periodically, usually several times a month.

What happens to that money between the time it arrives and the time you make payments? Your school can maximize the income and benefits provided by these large infusions of cash, increasing the funds available for investment.

businessmanager eletter Vol15 No3 taboo

Are There Taboo Office Topics Anymore?

Vol. 15 No. 3

The day after Election Day was a somber one for many. The media were going crazy with pro and con debates; activist groups on both sides were hosting rallies; and the majority of us office worker-bees mustered through most of that Wednesday in a daze. Regardless of what side of the political fence you were on, the results required a day of reflection. As a nation, we were imagining our next four years.

After we collected ourselves and our thoughts settled, most of us were left in a strange position. Politics is one of those taboo topics HR departments tell us not to discuss during work hours. Like religion, political conversations can quickly enter a red danger zone of offensive or harassing language. This opens organizations up to not just HR claims, but, if the conversation balloons past red and into the purple flashing critical mass zone, your school can find itself in a nasty lawsuit.

businessmanager eletter Vol15 No2 mentorin

Mindful Mentoring

Vol. 15 No. 2

Being a mentor surpasses the responsibility of new hire orientations and campus tours. Meaningful mentoring is a deeper relationship between two faculty (or staff) members, focused on revealing and amplifying strengths, patiently guiding, and inspiring. It is a big responsibility, one that should not be taken lightly, and—if paired correctly—can positively influence not only the mentee, but also your overall school culture.

businessmanager eletter Vol14 No1 healthASK

Ask ISM's Health Care Reform Specialist

Vol. 15 No. 2

Q: We're currently gathering information for the employer reporting forms. Are there any changes to the forms for this year?

businessmanager eletter Vol15 No2 BizMan

10 Reasons You Were Meant to Be a Business Manager

Vol. 15 No. 2

The Business Office has some of the most diverse hats to wear within private school administration. HR, insurance compliance, facilities upkeep, cash flows, and reports—your office is the hub of compliance and the nitty-gritty details of what makes your school tick beneath the surface.

Between the many spontaneous emergencies that crop up at the worst possible moments and the immoveable deadlines you must reach, it can be difficult to recall why you signed up for this job in the first place. But, that's why we’re here to remind you of the great parts of your job.

businessmanager eletter Vol14 No1 healthASK

Ask ISM's Health Care Reform Specialist

Vol. 15 No. 1

Q. As I began preparing paperwork for the new school year, I noticed that our school has two employees who will be turning 65—and so become newly eligible for Medicare. Is there anything that the school needs to do?

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