Sure, not for profits can have a business model. Apologies - I thought we were discussing in the context of the article.
But yeah, of course, anyone can have a business model including not for profits, I think it just implies something that is heavily formalised and 'bigger' than it is (even though a business model could technically just be as simple as 'get donations and spend it on a zoom subscription').
But yeah, of course, anyone can have a business model including not for profits, I think it just implies something that is heavily formalised and 'bigger' than it is (even though a business model could technically just be as simple as 'get donations and spend it on a zoom subscription').