Dr. Erinn Tucker-Oluwole, MBA, discusses the importance of financial management in nonprofits and the restaurant industry. She highlights nonprofits' need to strategically allocate funds and the evolving corporate focus on tax reduction through charitable contributions. Additionally, Dr. Tucker-Oluwole sheds light on the critical need for growth models in the restaurant business to avoid bankruptcy, emphasizing the common pitfalls and the essential understanding of cost structures and revenue.
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