January 29, 1998
'Harvard Business Review': Entrepreneurial Pitfalls
Many pitfalls await the growing number of non-profit organizations now seeking commercial revenue, warns an article in the Harvard Business Review (January-February).
Rising costs and increased competition for philanthropic support are prompting many such groups to behave more like for-profit businesses. Save the Children now sells neckties to raise money; the Delancy Street Foundation in San Francisco runs a restaurant to employ ex-convicts and former
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