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Laurent Sevigny, CEO of QRius Pay and Lead Strategist at QRius Consulting, discusses why nonprofits need to rethink their business plans. He highlights four common mistakes nonprofits make in creating their business plans and offers solutions to avoid them. While it is important for nonprofits to operate like a business in terms of managing expenses and revenue, Sevigny also emphasizes that nonprofits have their own unique needs and practices separate from traditional businesses.
