Related Tag Articles: business strategies

10 strategies for running your non-profit like a for-profit business

10 January 2011

In the world today it is widely known that there are two main business classifications Non profit and For profit business's. Firstly lets define the two classifications -

For Profit Business is a business which is ran to make a profit, to be precise a Net Profit which is the monies left after deducting the expenditures form the sales.

Non Profit Business is a business/organisation that has committed legally not to distribute its net profit to its member parts i:e directors, trustees or staff.

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