Is there truth in the statement that ALL nonprofits are actually businesses, and they need to be run like businesses?

Nonprofit Management

Is there truth in the statement that ALL nonprofits are actually businesses,and they need to be run like businesses?

By Eugene Fram

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In my opinion, too many board and staff members in the nonprofit environment:

Do not realize that a nonprofit can focus even more effectively on “caring” missions, visions and values while operating under a business model. Many functions of a business and are the same for both types of organizations — financial operations, human resources, marketing, board governance, etc.

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About caseywheeler

My interests include: Model trains, Reading, Genealogy, New York Yankees and helping organizations be successful.
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One Response to Is there truth in the statement that ALL nonprofits are actually businesses, and they need to be run like businesses?

  1. eugenefram says:

    Casey: Thanks for your interest. Hope all is going well with you.

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