How can small charities weather tough economic times using  'value for money' principles?In this episode Bianca chats to UK researchers Dr Carl Evans and Dr Nigel Jackson from Plymouth University about their two research projects focussing on small charities.Dr Evans has led two studies - 'Value-for-money and the small charity' and 'UK charities and the current economic situation: Embracing value-for-money (VFM) in order to survive.'Episode highlights:10 mins - Value-for-money theory and the 'Three E's11.30 mins - What charities think value-for-money actually is12 mins - Why value-for-money is so important for small charities15.20 mins - The research results and the economic impact on UK charities, and similarities with Australia.25.40 mins - How small charities can adapt to change and economic challenges 26.23 mins - Why innovation is important27 mins - Collaboration between small charities37.16 mins - How small charities can practically adopt a value-for-money approach41.45 mins - Tips for leaders of small charities wanting to create a culture of value-for-money49.54 mins - What Dr Evans and Dr Jackson think Small But Mighty can mean for small charitiesFor more resources created specifically for small non-profits join the Small Non-Profits Alliance for FREE here: https://smallnonprofits.com.au/membership-account/membership-levels/You can also connect with the Alliance on Facebook and Instagram.