For all you nonprofits out there with well-developed boards, employee policies & procedures, a decent cash flow - congratulations! And, the rest of you? What's up? Get going!
Too many nonprofit organizations - especially small and newer ones - struggle to define themselves as businesses. They more closely vision themselves as service providers, meeting needs of their customers. And certainly that is part of the overall picture. But they are also functioning by getting through from day to day, moving from one crisis to another, hoping for a break, for a new grant, for success.
But the sooner nonprofits see beyond their mission to provide services, the sooner they can recognize themselves as businesses. In some cases, it seems to go against the grain to equate a nonprofit with for-profit business practices. But not true! Sound business practices will strengthen the nonprofit organization. They will provide a clear direction for planning - for human resource needs, financial resources, programs and services.
So, see your nonprofit as the business it is. And grow!
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