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…

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Katie Strickland

A Collection of Strategic Communications Portfolio Work

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