For non-profits to achieve financial sustainability in challenging times for the sector, it is worth looking at adopting some of the financial management practices that are used by for-profits.
These include:
- More focus on Forecasting
- Make sure you track and understand all your Costs
- Share information across teams to see the bigger picture
- Think like a revenue generating organisation
- Regularly test your assumptions
Please see below a link to an article I co-wrote with Humentum htpps://humentum.org which explores each of these themes, based on my real life experience with clients in the international development sector in 2025.