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What is Financial Stability?

Not-for-profit organisations talk a lot about financial sustainability, but what is it? Sustainability can be …

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The Hedgehog Concept

The ancient Greek poet Archilochus once wrote:  “Πόλλ᾽ οἶδ᾽ ἀλώπηξ, ἀλλ’ ἐχῖνος ἕν μέγα.” or …

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How to Build Reserves

The primary purpose of a not-for-profit organisation or social enterprise is to make an impact …

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