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 »

Top Q&A For: What is a not for profit business

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 »

How do i set up a not for profit business?

Organizing a not-for-profit business is often a necessary part of supporting an issue of private or public interest where there is no intention to operate the business for any personal gain. A not-... Read More »

What is the business name for profit?

How to Turn a Business into a Non-Profit?

Business owners sometimes decide that they would do better as a non-profit business due to the nature of the type of business service they provide, the economic area that the business is located in... Read More »