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Like most small businesses, nonprofits are born out of passion and the desire to make a difference. While the financial goals of nonprofits and for-profits seem different on the surface, they’re actually both striving for the same thing: to generate revenue and then distribute it.
That’s why leaders of nonprofits might want to take a closer look at the for-profit world of business: There’s much to learn about running their organizations like a small business. Here are four key lessons …
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