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Article Check - Could a Non-Profit Structure Be Right for Your Business?
Back in the 1760s, the great Dr Samuel Johnson delivered himself of the dictum that ‘promise, large promise is the soul of advertising’. It’s a good thought, a great thought; and I contend that what was true then is equally true today. But it seems to me that modern advertisers are tying themselves into unnecessary knots in an attempt to reach audiences which they believe are becoming increasingly indifferent to their blandishments.Well, yes, markets are turning deaf ears and blind eyes, but they always have done, though not for the reasons generally espoused by the world’s marketers. I am
In many case
Do you remember the old ads, "When E. F. Hutton speaks..."?Of course, the idea was that E. F. Hutton could offer expert advice on investing, and that it was good to listen to experts before making such an important financial decision such as investing your hard-earned money.Most of us realize the value of listening to, or getting guidance from, an expert before we enter into important changes or projects.In fact, a whole new breed of "experts" is emerging due in part to the internet and internet marketing programs. Just what are these people experts on, and how do YOU become
Now, it may be that you already have a clear idea about this. Some business ideas are clearly "for profit". For example, if you want to sell insurance, or stocks, that's undoubtedly a for-profit business. On the other hand, if you want to raise money for research into a cure for juvenile diabetes, that project will best be served by forming a non-profit corporation.
One difference between for-profit and non-profit organizations is that grants funding is generally reserved for non-profits. Some grants are available to for-profits (and to individuals), such as government grants to promote affordable housing or job creation in economically depressed neighborhoods. Most grants, however, and particularly grants from foundations, are given only to non-profit corporations designated by the Internal Revenue Service as 501(c)3 corporations.
In many cases
Brochures are very useful in promoting any type of business. No matter how big or small a business is. But for a business to be effective in its promotion, brochures that catch the eye are needed. To achieve this you should take into consideration how you brochure will look like. Think of a design for your brochure that reflects your company image.Here are some essential points that you must take into account when designing a brochure:Make it interesting.What marketers fear when they make brochures is that it might be dumped directly to the trash can. To avoid this fro
Now, it may be that you already have a clear idea about this. Some business ideas are clearly "for profit". For example, if you want to sell insurance, or stocks, that's undoubtedly a for-profit business. On the other hand, if you want to raise money for research into a cure for juvenile diabetes, that project will best be served by forming a non-profit corporation.
One difference between for-profit and non-profit organizations is that grants funding is generally reserved for non-profits. Some grants are available to for-profits (and to individuals), such as government grants to promote affordable housing or job creation in economically depressed neighborhoods. Most grants, however, and particularly grants from foundations, are given only to non-profit corporations designated by the Internal Revenue Service as 501(c)3 corporations.
In many case
In 2003, I moved to Little Rock, AR, and I was amazed with how helpful my new property manager was. If you haven't moved recently, you may have forgotten all the joy associated with having to arrange to shut off your utilities, phone, cable, etc. and arrange to have them hooked up at your new location. Then, you have to deal with mail forwarding, finding new service providers for all aspects of your life, and then deal with the move itself. When I made a cross-country move in 1998 from MA to TX, I had the luxury of being able to quit my job and focus solely on the move and on selling unwanted i
One difference between for-profit and non-profit organizations is that grants funding is generally reserved for non-profits. Some grants are available to for-profits (and to individuals), such as government grants to promote affordable housing or job creation in economically depressed neighborhoods. Most grants, however, and particularly grants from foundations, are given only to non-profit corporations designated by the Internal Revenue Service as 501(c)3 corporations.
In many case
Most small businesses don't have a high powered advertising agency to produce selling radio commercials for them and end up with something akin to a high school play, or with the business owner reading tired copy.The radio salesperson knows that by suggesting the owner be the star, visions of Dave from Wendys or that guy with the talking dog who says "roll that beautiful bean footage" come to mind.Worse, most businesses don't have a plan to coordinate all advertising to the same message. The newspaper ad says one thing, yellow pages another and the radio commercial is off
In many case
Ohio has had some bumpy economic rides in the past as the auto industry has taken hits from Japanese Imports, high steel prices, wars, recessions, NAFTA and now robotics. These issues have caused complete boom and bust cycles for the automobile manufacturing sector in Ohio. When workers are laid off, then those high paying and generally union jobs slow the money flows in the other sectors, such as retail, professional services, banking, real estate, etc.Who else loses in these issues? American’s with high paying jobs who participate in the retail sectors; if no one is buying no one needs t
In many cases it is not so easy to determine into which category a business idea should fall. One question to ask is: will my planned project deliver a service to clients? A beauty shop located in Beverly Hills, catering to wealthy women, is certainly a service business. The clients, however, are not needy. They can easily pay for the service without assistance.
So the second question to ask is: will the project assist clients who are in need? A beauty shop located in a Medicaid-supported nursing home will serve clients in genuine need - clients who could not pay for this service from their own resources.
What are the benefits of a for-profit business model? Well, first of all, the owner of the for-profit business holds personal (or corporate) title to the business and all its assets. Any money that is made by the business can be used according to the discretio
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