10 Reasons for Nonprofits To Move To A Revenue-Driven Model

The Akina Foundation explores why now is a better time than ever for nonprofit social organizations to shift to self-sustaining (or even profitable) business models. They identified 10 reasons why shifting from a donor-driven organization to a revenue-producing social enterprise is more beneficial in terms of global impact.

  • Organizations may increase their chance of success.

  • Organizations can become more nimble and responsive to change.

  • Revenue generation allows enterprises to attract employees who seek growth.

  • Revenue generation provides the platform that encourages millennials to start up social good organizations and become leaders in the space.

  • It opens more doors for industry collaboration.  Enterprises will be able to afford the best technologies to help them succeed.

  • Enterprises can better support their teams.

  • Enterprises have the means to support other organizations and initiatives.

  • Creativity can be enhanced within enterprises.

Growth and impact become accelerated and exponential.

Source:

10 Reasons for Nonprofits To Move To A Revenue-Driven Model