After years of working with nonprofits, I’ve often heard their leadership say, “we’ve got to stop acting like a charity and run this thing like a business.” A few business fundamentals that we’ve seen can make a real difference in the nonprofit arena are:
- Strategic Planning
- Accountability for Staff
- Targeted Marketing
- Value-Based Selling
- Transparency in Finances
I also think businesses can flip the mirror around and learn a ton from our nonprofit counterparts…
Check out these lessons to be learned and the conclusion to April’s post over on the Daxko Connect blog.