| Should not-for-profits go into business? | |
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MedLine Citation:
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PMID: 10260060 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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To the manager of the not-for-profit organization, the idea of entering into a business venture might seem heretical. The precedent has been set, however, and numbers of not-for-profits are currently earning substantial amounts of income through long-term for profit enterprises that have continuity with the organization's prime mission. The author of this article cautions managers of not-for-profits that an earned-income venture can be a miserable failure unless the organization meets certain conditions: a product to sell, managerial talent, trustee support, an entrepreneurial spirit, and money or the ability to get it. He then describes nine issues managers should consider before undertaking earned-income projects. |
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Authors:
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E Skloot |
Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Harvard business review Volume: 61 ISSN: 0017-8012 ISO Abbreviation: Harv Bus Rev Publication Date: 1983 Jan-Feb |
Date Detail:
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Created Date: 1983-07-15 Completed Date: 1983-07-15 Revised Date: 2000-12-18 |
Medline Journal Info:
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Nlm Unique ID: 9875796 Medline TA: Harv Bus Rev Country: UNITED STATES |
Other Details:
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Languages: eng Pagination: 20-6 Citation Subset: H |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Commerce Financial Management / trends* Organizations, Nonprofit / economics* United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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