Wednesday, November 16, 2005

Difference between for-profit and non-profit | ConsultantCommons.org (beta)

Difference between for-profit and non-profit | ConsultantCommons.org (beta): "Difference between for-profit and non-profit
Submitted by zac on Tue, 2005-11-15 15:41. Org Development

Excerpts from a thread on Riders-Talk in November 2005.

'The key elements are (but with everything in the tax code, things are
'flexible' if you hire the right lawyers): as a for-profit you cannot
accept grants. As a nonprofit you can't compete with for-profit
businesses.'

- David Geilhufe

'Nonprofits tend to be smaller and have fewer resources than most
corporate clients - more like a small business clientele.'

'I find that most nonprofits themselves feel that they are much more different from the business world than I perceive them to be.'"

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