What is a not for profit business?

Answer Despite the name, a not-for-profit business can make profits. It is how those profits are distributed that differentiates a nonprofit business from a for-profit business. While it can be difficult ... Read More »

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What is a non profit business?

A nonprofit business is one that forbids the distribution of profits to the owners. This gives the business the ability to collect donations and become exempt from certain federal taxes. The money ... Read More »

What is the business name for profit?

What is the business where investors pool their money to earn a profit?

Why Is Economic Profit a Better Measure of Profit Than Accounting Profit?

Although rarely acknowledged, you can measure profit in more than one way. Sometimes numbers can deceive you, and this is the case when it comes to accounting profit, which merely shows profit on t... Read More »