I'm a for profit organization for charity acting as a non profit. What are the benefits considering that this is a charity organization with volunteers including myself. I chose to avoid 501(c)(3) to bypass govt. regulations. I am Inc. I simply want to know if this is a safe way to go.
Susan
Generating revenue is the prime goal of business. The business can not continue to operate without a revenue stream. Even is the business states that it has humanitarian goals, the first goal is to continue to operate, and that takes revenue.
capitol
Working Capital
Investors provides the funds (business capital) which the company uses to operate. With no investors there is no business.
A person who has earned a degree in Business Administration from a reputable university has learned how to operate a business and all the aspects of business & industry and economics.
Nonprofit Organizations.
nonprofit organization
Google search engine operate on nonprofit basic.
Business does not operate in a vacuum.Discuss
Yes, a non-profit organization can operate under the umbrella of a church organization because most churches operates as a non-profit organization.
Yes, credit unions are nonprofit organizations owned by their members, not shareholders. They operate with the primary goal of providing financial services to their members at competitive rates, rather than making a profit for external stakeholders.
One way to find some middle ground the in debate to show that both business people and those who work for nonprofit organizations contribute to society and need to work together more closely to help is by business people giving the nonprofits money. Everyone must work together to help the needy. Nonprofits have to have money in order to operate properly.
A business license. In most jurisdictions, in order to operate a business of any kind, you are required to obtain a business license from your local authority (commonly, the city or county government).
No
It operates from the internet.
The usual required business permits needed to operate in the Philippines are: - Barangay Clearance - Mayor's Permit - Bureau of Internal Revenue registration
Business license and permit.