Twelve Elements of a Nonprofit’s Business Model

 A posting by James V. Toscano What are the various elements of a nonprofit’s business model? Most nonprofit executives answer “What business model?” Nonprofits don’t often think about business models. If we probe, we hear about Mission and Vision, perhaps the elevator speech. And, maybe, that’s one of the problems. Yet, we really need to start thinking about business models, especially if we wish to have the resources we need now to do our jobs well. We need to stretch, to find alternative revenue sources to join our diminishing traditional sources, to become more efficient, more “business-like.” Analysis of our…

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