answersLogoWhite

0

They are both the same, it just depends on what you are comparing to. A non-profit organization doesn't make any profit and just sends it to greater causes. Other types of business are sole proprietorship, partnership, and more. Sole proprietorship is one person running a business. Partnership is two people running a business. But again, it depends on what you are trying to compare to.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Finance

What is the Difference between partnership organization and a corporate business organization?

There are several differences, but the main one is this. A corporation is a separate legal entity. A partnership is not.


Difference between school organization and business organization?

school organization and business organization is same and different?


What are the differences between a personal check and a business check?

The main differences between a personal check and a business check are the purpose for which they are used and the entities that issue them. Personal checks are typically used for personal transactions between individuals, while business checks are used for transactions related to a business or organization. Additionally, business checks often include the name of the business and may have additional security features to prevent fraud.


What are the key differences between a business check and a personal check?

The key differences between a business check and a personal check are the purpose for which they are used and the entities that issue them. Business checks are typically used for business transactions and are issued by a company or organization, while personal checks are used for personal transactions and are issued by an individual. Additionally, business checks often have the company's name and logo printed on them, while personal checks usually have the individual's name and address.


What is the difference between a Charitable organization and a nonprofit organization?

Non profit organizations do not pay dividends to shareholders. It can have any type of purpose. Charities are generally non profit organizations that have the purpose of helping human beings in one way or the other. A charity can run a hospital, a soup kitchen, a homeless shelter, etc. A nonprofit can maintain an old lighthouse, an old battlefield, or a museum, etc. Thus while almost all charities are nonprofit organizations not all nonprofit organizations are charities.

Related Questions

What are the differences between a nonprofit and a not-for-profit?

No difference.


What is the Difference between partnership organization and a corporate business organization?

There are several differences, but the main one is this. A corporation is a separate legal entity. A partnership is not.


What are the key differences between an LLC and a nonprofit organization?

An LLC is a for-profit business entity that aims to make a profit for its owners, while a nonprofit organization is a tax-exempt entity that operates for charitable, educational, or social purposes without the goal of making a profit. LLCs have owners who share in the profits and losses, while nonprofits have a board of directors who oversee the organization's mission and activities. Additionally, LLCs are not eligible for tax-exempt status, while nonprofits can receive tax-deductible donations and grants.


What are the differences between intrapreneur and extrapreneur?

An extrapreneur creates a company; an intrapreneur creates an organization within an existing organization, or simply develops business of an existing company.


Difference between school organization and business organization?

school organization and business organization is same and different?


What are the differences between a personal check and a business check?

The main differences between a personal check and a business check are the purpose for which they are used and the entities that issue them. Personal checks are typically used for personal transactions between individuals, while business checks are used for transactions related to a business or organization. Additionally, business checks often include the name of the business and may have additional security features to prevent fraud.


What are major accounting differences between nonprofit and for-profit organizations?

Tax exemption, restrictions on funds, and sources of revenue.


What is the difference between cooperative and other business organization?

Check


What is the best organization strategy for examining the differences between two subjects?

The best organization strategy for examining the differences between two subjects would be compare and contrast.


What are the key differences between forming an LLC and a 501(c)(3) organization?

Forming an LLC (Limited Liability Company) is for-profit and offers limited liability protection for owners. A 501(c)(3) organization is a nonprofit that can receive tax-deductible donations but has restrictions on activities and must serve a charitable purpose.


Differences between ERP and TPS systems?

ERP is an integrated TPS that facilitates the flow of information between the functional areas of a business, primarily provides an organization with an integrated suite of TPS functionality.


What are the differences and similarities between alliance and other international organization?

Pudding