Three Great Ways to Prepare for a Nonprofit Turnaround

Three Great Ways to Prepare for a Nonprofit Turnaround

Wow! It’s no secret: the seas are getting stormier in the nonprofit human services world. So….are you ready for the next round of inevitable budget cuts both in Washington and the state legislatures? Have you arranged any just-in-case funding alternatives? What’s your Plan B? It’s best to clarify your nonprofit’s Plan B before you need […]

Social Entrepreneurship:  A Way To Follow the Money While Sticking With Your Mission

Social Entrepreneurship: A Way To Follow the Money While Sticking With Your Mission

Let’s face it… Government support—especially if your organization is battling poverty and homelessness—is quickly diminishing. And the few foundations and corporations still willing to lend a hand can’t fill the massive funding gaps left by government’s retreat. The demand for human services continues to rise, while funding plummets. Right? If you’re nodding your head in […]

3 Reasons to Start a Social Enterprise

3 Reasons to Start a Social Enterprise

There’s been quite a bit of buzz around social enterprises for some time now and your nonprofit organization might be considering one. Maybe you’d like to create a steady stream of unrestricted income. Nonprofit earned income is always in short supply for some organizations. Or you already see the PR value of running a mission-driven […]

Social Enterprise Leverage on Steroids

Social Enterprise Leverage on Steroids

  Is the social enterprise trend all it’s cracked up to be? Or is all this social entrepreneurship chatter just a bunch of hype? The answer is no—not by a long shot. And it’s all about leverage. Here’s how I learned that: The social entrepreneurship bug first bit me in 1970, well before the terms […]

Social Enterprise: Goldmine or Minefield?

Social Enterprise: Goldmine or Minefield?

In a recent Chicago Jobs Council Board Meeting, one of the other directors suggested that most non-profits simply must find a way to start one or more social enterprises due to the severe drop in government grant support. While it might not fill the entire funding gap, earned income is a possible source of new […]