For-profit ventures help nonprofits shore up the funding they need to maintain and expand their programs

By Abny Santicola

“He had extensive car-sales knowledge, so we were very lucky in that we already had somebody on staff that had that information and knew how to do it and was aware of the business itself,” Schwartz says.

Bromberger says that as organizations brainstorm and plan business ventures — whether with the help of a consultant or not — they should at the very least involve an accountant and a professional knowledgeable in business planning.