Make a Profit!

“Nonprofit” is a tax classification, not a business strategy.  This is not a new saying, but it expresses a really important mindset.  

Raise the money you need to meet your goals, and don’t limit your impact for fear of coming up short.  Use a gift-range calculator and donor ranking to measure campaign feasibility.

There is no limit to the number of sponsorships you can arrange for your events.  Start a year in advance so businesses have time to plan your support into their budgets.

Build a rainy-day fund, a reserve to help meet emergency needs and facilitate future growth.

Be brave. Do the work. Your nonprofit is a business people depend upon. 

As always, I am hoping for your every success!

The post Make a Profit! appeared first on Kronstadt Consulting.

 •  0 comments  •  flag
Share on Twitter
Published on July 22, 2021 15:35
No comments have been added yet.