Why Get Involved in Business Volunteering?

As a business owner you are regularly being approached to sponsor various causes and more often than not you see very little return for your investment. Business or Corporate Volunteering offers businesses a viable alternative where they can donate your time rather than your money and see quantifiable results.

More and more businesses are realising that they can get better results for their community responsibility dollar by donating their or their staff’s time to charities or not-for-profit organisations.

Being involved in volunteering offers numerous benefits for both the business and employee, not to mention your intended charity/cause.
From a business perspective volunteering will improve your reputation, internal culture, possibly improve your productivity and long-term sustainability in the community.
For employees volunteering can help improve employee’s professional development, leadership opportunities and morale.

Other than assisting a worthwhile cause, there are some specific benefits your business may gain from volunteering:

  1. Your business can gain valuable PR by aligning itself with a worthy cause raising your profile in the local community and possibly the local press.
  2. Volunteering can be a hugely rewarding experience as you meet new and diverse people.
  3. It offers the opportunity to develop team building skills within your business.
  4. It can be beneficial in the training of your staff and could be viewed as a cost effective way to train them in areas they need assistance in, for example inter-personal skills.

Those thinking about getting involved are encouraged to think about:

  1. Their interests / skills / experiences and which of these you would like to use in your volunteering work?
  2. The kind of roles would you like to do?
  3. The commitment that you are willing to make?
  4. Areas within the not-for-profit / community sector or types of projects you would like to be involved in?

If you are interested in finding out more about the benefits of getting your business involved in volunteering and what assistance you can offer then you are best to speak to your local volunteer group to discuss what will work for your business. Locally you should contact Wimmera Volunteers (www.wimmvol.com.au) or Volunteering Victoria (www.volunteeringvictoria.org.au).

Richard Kemp – Watts Price Accountants
E: richardk@wattsprice.com.au

The advice provided on this Article is general advice only. It has been prepared without taking into account your objectives, financial situation or needs.