Additional Sources of Revenue

7 pie pieces divided into MN Public Programs, Government Grants, Private Grants and Philanthropy, Community and Organizational Contributors, Individual Contributors, Fundraisers, and Other Sources Charging for your services is an essential source of revenue for your organization.  There are a number of additional revenue sources that can potentially support your services. This chapter will go through each of these sources in detail.  Keep in mind these two key points:

  1. The goal is to diversify your revenue sources, meaning you do not rely too heavily on one or two sources. 
  2. When determining how much revenue you need, start with your unit costs, then add in a margin.  This will allow you to build up a reserve instead of simply breaking even. 

 

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