Day: November 19, 2021

NONPROFIT, NOT-FOR-PROFIT, VS FOR-PROFIT – WHAT’S THE DIFFERENCE?

NONPROFIT, NOT-FOR-PROFIT, VS FOR-PROFIT – WHAT’S THE DIFFERENCE? When you’re starting a business, it’s likely you’ll hear the phrases “nonprofit” and “not-for-profit” thrown around. It’s also easy to assume these two terms mean the same thing. However, nonprofits and not-for-profits are business structures with different tax implications, governance and functions. Both of these entities contrast …

NONPROFIT, NOT-FOR-PROFIT, VS FOR-PROFIT – WHAT’S THE DIFFERENCE? Read More »

Nonprofit or Not-for-profit versus For-profit – What’s The Difference?

When you’re starting a business, it’s likely you’ll hear the phrases “nonprofit” and “not-for-profit” thrown around. It’s also easy to assume these two terms mean the same thing. However, nonprofits and not-for-profits are business structures with different tax implications, governance and functions. Both of these entities contrast with for-profit organizations. Here are the ins and …

Nonprofit or Not-for-profit versus For-profit – What’s The Difference? Read More »