ARTICLE: Nonprofits -- Learn to diversify your income streams

Tuesday, 03 January 2012 00:00

by Sandra Jensen, Co-Founder, KELL Partners

I find that a lot of the organizations I work with have traditionally relied on a single stream of revenue, which could put them in jeopardy if economic or other conditions change. With an eye on their long-term financial health, I encourage them to “think like a business” and diversify, so they aren’t so reliant on one revenue source. 

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