What are the reasons for not attempting to launch a nonprofit enterprise?
It should be understood that launching a nonprofit enterprise is not going to solve your organization’s problems — it will simply alter the type of challenges you have to deal with! It’s important to understand that over the years many nonprofits have failed to successfully pursue this strategy, and nonprofit enterprise creation should probably not be motivated by a simple desire to replace lost funding or increase income. These types of ventures are not easy, and there is no quick return for the investment of money, time and energy. However, if you are interested in providing employment and training opportunities to individuals who have experienced chronic unemployment or if you are seeking a way to diversify your revenue base, launching a nonprofit enterprise may be for you.
