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In this video tutorial, Laurent Sevigny, CEO of QRius Pay and Lead Strategist at QRius Consulting, discusses why nonprofits need to rethink their business plans. He explores four common mistakes nonprofits make in creating business plans and offers tips to avoid these pitfalls. While it is beneficial for nonprofits to operate like businesses in terms of revenues exceeding expenses, Sevigny emphasizes that nonprofits are not businesses and have their own unique requirements and limitations.
