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Toolkit: Creating an MOU

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Running your own business all by yourself is not a simple task, you will face all kinds of issues all the time and for most people, this represents a problem, especially for rookies with no previous experience. If you have some previous experience running a business, then you will be able to deal with these responsibilities easier. One of the things that rookies always miss out on is the importance of collaborating with some other businesses. Even if you are doing everything well, your business might be failing because you are not collaborating with other businesses.

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We made this article specially to explain the importance of having and how to create an MOU for your collaboration with another business. In case that you already know about the MOU, you should also read this article because you might learn something new that will help you get some advantage next time you want to collaborate with other businesses.

Basic Information

The first thing that you should need is some really basic information about the MOU. Because without this information you can embarrass yourself in front of other business owners.

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First of all, let’s start off by explaining the meaning of MOU, Memorandum of Understanding is a written legal agreement that is used by two business owners who want to collaborate with each other. It is mostly used to keep everything under records so neither of business owners would take advantage of some situations.

Building a Working Relationship

One of the main reasons why you need to have an MOU when collaborating is because it will build you a working relationship between the two of you. In many situations where people didn’t use this type of legal agreement, a lot of issues have appeared, and the collaboration wasn’t successful at all. Furthermore, people would lose money and time that they have invested in the collaboration. Therefore, having an agreement like this is really important if you want to save yourself from a lot of trouble.

Creating a working relationship between two people is not easy, but if you use an MOU agreement. The process of the two of you working together will be completely smooth and nothing will go wrong. There are certain rules that you will have to obey, and those rules will make the entire collaboration much easier. Setting us a structure for a partnership like this is only possible if you use an MOU.

 

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Colorado Respite Care Program Recipient of 2015 Colorado Collaboration Award

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Collaborative receives $50,000 to help 843,000 families caring for disabled, chronically ill and elderly

DENVER, COLO. (Sept. 21, 2015) – Colorado Respite Care Program is the recipient of the 2015 Colorado Collaboration Award, a $50,000 prize presented by a group of foundations and corporate funders to an outstanding nonprofit collaboration.

Colorado Respite Care Program

is a powerful statewide collaboration that consists of hundreds of caregivers, care receivers, disability agencies and civic agencies working together to champion the needs of family caregivers. It represents Colorado’s 843,000 family caregivers caring for youth and adults who are disabled, elderly or chronically ill.

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“The mission of the Colorado Respite Care Program is to increase respite supports and resources for the huge number of caregivers providing care for loved ones at home. Our network is helping to reduce caregiver stress, strengthen families and keep individuals with special needs living at home,” says Easter Seals Colorado President & CEO Lynn Robinson, a lead agency for Colorado Respite Care Program.

The program initially formed in 2005 under the umbrella of Colorado Respite Coalition. In 2010, the coalition aligned with Colorado State Unit on Aging, Easter Seals Colorado. Colorado Respite Coalition and Chronic Care Collaborative to create the Colorado Respite Care Program. As you can see, this is not some random program that just people decided to make for taking money. There is a history of this program and it is quite an interesting one actually. During all those years, there was a lot of interesting things that happened. Whenever there is a new way that we can help other people, especially families we want to be there because we have very innovative ideas and a lot of experience behind us. The world needs a program like this that is dedicated to helping out the youth and adults who are disabled as well as elderly or ill people.

There needs to be a program or an organization. That will take care of the youth because they are the future of this world. Without them, and their help, the world will collapse. So we need to help them while we can, especially the ones who are in desperate need of help. There are quite a lot of people who are forced to work a regular job even if they are not able to do it because of their state. Some people who have special needs and rely on other people just to get to the next day are not able to be in their homes.

Since the program’s inception it has:

-awarded 47 grants to help underserved families providing respite care

-formed four regional coalitions to improve infrastructure in rural communities

-lobbied to increase state and federal funding for respite care

-trained more than 5,000 individuals

-expanded programs in small and large cities across the state

-increased awareness and understanding of caregiver needs

“The Colorado Collaboration Award recognizes the joint efforts of organizations working together to solve community problems more effectively than any one organization can do alone”. Says Colorado Nonprofit Association President and CEO Renny Fagan. “Colorado Respite Care Program demonstrates what multiple organizations can do when they come together, think strategically and act.”

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Colorado Respite Care Program lead partners include Colorado State Unit on Aging,

Easter Seals Colorado,

Colorado Respite Coalition,

Chronic Care Collaborative,

Western Slope Regional Respite Coalition, Southern Colorado Regional Respite Coalition, Summit County Regional Respite Coalition. And Northern Colorado Regional Respite Coalition.

“While it takes more effort for far-flung organizations like these to work together, they recognize it’s for a greater good”. Said Joanne Kelley, executive director of the Colorado Association of Funders. “The funders supporting the Collaboration Award intended for it to celebrate and support the nonprofit partnerships that are succeeding so that others can learn from them.”

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Members of the Colorado foundation and business communities reviewed multiple applications and selected Colorado Respite Care Program for this award. The following were selected as semi-finalists for the 2015 Colorado Collaboration Award.

-Finalist: Urban Advantage Metro Denver improves science literacy and reduces science achievement gaps among underserved middle school students by involving their entire support system including their teachers and families.

-Finalist: Grand County Meeting Milestones enhances parent education and ensures that all children in Grand County have a medical home and are screened using a standardized developmental screening tool three times by the age of three

-Finalist: The School Multidisciplinary Assessment Review Team (SMART) is a multi-agency collaborative that provides community-based, wrap-around care to La Plata County youth and their families who experience barriers to school attendance.

The Colorado Respite Care Program will be honored at the Colorado Nonprofit Association Fall Conference, “We Are Essential” on Oct. 29 where representatives plan to speak in detail about building this collaboration. To register, visit www.FallConference.org.

To learn more about the Colorado Respite Care Program, visit www.ColoradoRespiteCoalition.org.

To learn more about the Colorado Collaboration Award, visit www.coloradocollaboration.org.

 

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Colorado Collaboration Organization for businesses in CO to collaborate

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If you are a business owner who is looking for new and exciting ways to improve his business and grow. Then we have just the right option for you. First of all, we would like to introduce our organization that is dedicated to helping. Other businesses to find and creates a working relationship with some other businesses. Therefore, we have some of the most sophisticated services that we specially designed over a decade just to help you out.

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If you ever tried to make a partnership with someone else without any professional help, then you already know how difficult that is and that you need some help with creating a working relationship that is healthy. The Colorado Collaboration organization is here to make this process smooth and issue-free. This is an opportunity that you should miss out, here are some advantages that you can have using our services.

Saving Time

As a business owner, one of the most important things for you is time because you never have enough of it, especially when you are trying to close a deal or make a working relationship with some other business. Collaborating with a business partner or some other business is a process that will take up a lot of your time and that is something that you have to sacrifice if you want that collaboration to work.

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Of course, there is another option that is much more time consuming and very beneficial for businesses. And that is to hire professionals like us to do all the hard things for you. We will not only take on some of the responsibilities. But we will guide you through the entire process, so you know what to expect. This will save you a lot of precious time that you can use to improve other important things in your working relationship.

No Risk

One of the problems of working with other people that you don’t know is that you can get scammed pretty. Easily and that is happening all the time to people who don’t know what they are doing. If you don’t want to be one of those people who fell into an obvious trap. Then your only option is to hire professionals. Colorado Collaboration is an organization that will guarantee that you don’t lose any of your money. Or business because you will be doing everything properly and legally.

Having no risk is something that you can only get if you are highly educated and you know all the legal paperwork that you need or if you hire professionals to help you with it. Of course, you will have to invest in a professional, but in the end, it will be worth it because you will save yourself from various risks.