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August 2010
Is the Nonprofit Boom Right for Your Business?
From OpenForum.com.
Can you see it? Right now, big things are changing in the landscape of the business world. Both large businesses and small businesses are changing their entire business structure and marketing efforts around one simple idea:
They're becoming nonprofits.
Instead of seeking to maximize profits for the owners, these new kinds of businesses are seeking to maximize profits for charitable causes or minimize cost for their customers.
Take Panera Bread, which has franchised a not-for-profit restaurant in Clayton, MO, and is opening more in the near future. Or the wonderful Bordertown Coffee, situated on the campus of the University of Minnesota, which sells a wide variety of caffeinated beverages.
So why am I mentioning this to you, the small businessperson who is interested in earning good money for your work?
To put it simply, these organizations have some significant advantages that your small business currently doesn't have that you may be able to incorporate into your own business.

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