Non-Profit Business Sense

I hear a lot about non-profits becoming more innovative in their approach to funding, as well as many success stories involving non-profits turned social entrepreneurs. This article from the Arizona Sun, Non-Profits Turning Enterprising, gives an excellent overview of the many ways a non profit can use a little business to better meet their goals. I also like that the article notes that adding revenue streams can be a detriment as well:

“Like any business venture, social enterprises have risks. Experts caution that non-profit organizations may lack business expertise, develop enterprises that don’t fit missions or dilute their missions by paying too much attention to an enterprise.”

This entry was posted on Monday, June 27th, 2005 at 1:38 am and is filed under Social Enterprise. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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