"

Estimated reading time: 0 minutes, 30 seconds

Blurring the Lines: Nonprofits and For-Profits in Today's Business Landscape

Blurring the Lines: Nonprofits and For-Profits in Today's Business Landscape Jonas Jaeken

Nonprofits and for-profit enterprises now compete in the same market, blurring the distinction. Start-ups face a crucial decision of whether to choose a for-profit or nonprofit structure. Factors such as market readiness, customers' willingness to pay, capital availability, and access to talent and resources should guide the decision-making process.



Source: Harvard Business Review (https://hbr.org/2017/05/should-your-start-up-be-for- or-nonprofit)

Opinion: The decision of whether to adopt a for-profit or nonprofit structure is crucial for socially-minded entrepreneurs. It's surprising how unsystematic this decision is approached, considering its long-term consequences. Start-ups should commit to one path and carefully consider the factors influencing their choice. [1]

Read 1108 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.