There’s more profit in a Not-For-Profit Organization (NPO)

Good advice from a guy who knows his stuff!

Accountant Cam

In my last post I discussed the importance of learning some basic accounting functions as a small business owner.  However, I did skip an important step that many small business owners and entrepreneurs struggle with – will your business be for profit or not-for-profit?  There are hundreds of articles and blogs about this topic and they all eventually lead to one universal answer: it depends.  And guess what?  They are right, it truly does depend on what the mission of your organization will be when deciding a proper business structure.  However, I will tell you from my experience, if you are capable of running a not-for-profit organization (NPO) I would choose this structure 9 times out of 10.  Here’s why:

Money, Money….Money!

One of the biggest complaints I hear most from business owners who don’t want to start a NPO is fundraising.  They don’t want to be reliant on donor…

View original post 688 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Katie Strickland

A Collection of Strategic Communications Portfolio Work

The Danasty

A blog dedicated to business strategy, product management, marketing, behavioral economics, and systems thinking. Life is a living journal that is written as we connect, share, and grow. Those of us that know the importance of collaboration, and the impact of the knowledge we share will influence, and shape, the future of business and society. Fight complacency with innovation and continual personal improvement.

Tick Tock Social

Tips for better social media, PR, marketing and communications

Conference 13 thriving theatres

A place to discuss topics, share news, and pose questions relating to the thriving theatres conference

%d bloggers like this: