Social sector closures: Can we use financial data to help others steer clear of the cliff edge?

Sarah Thelwall

Could a social sector organisation's area of work, salary spend, level of reserves or type of investment help determine its likely financial sustainability? Sarah Thelwall, founder of financial benchmarking specialist MyCake, says crunching the numbers from the non-profits and social enterprises that have previously closed down could help others to predict – and prevent – financial fragility. 

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