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Mutual Benefit Nonprofits A mutual benefit nonprofit corporation is formed solely to benefit its own members. Unlike religious or public benefit nonprofits, the purpose of the mutual benefit nonprofit is not to benefit the public at large, but rather a very specific group. The other major difference is that the revenue
Nonprofit Corporations vs. For-Profit Corporations What is the difference between a nonprofit corporation and a regular for-profit corporation? Aside from the name, the two entities can be separated by other differences ranging from the way each is operated to various tax implications. Below, you’ll find an in-depth analysis of for-profit
Charity Registration Checklist If your nonprofit is planning to actively engage in public fundraising, you’ll need to register the nonprofit as a charity in most states before you begin soliciting donations. Below, you’ll find a checklist of everything you need to do to make sure the job is done right. 
What is a Non-Profit? Recent counts by the National Center for Charitable Statistics estimate that there are currently more than 1.5 million active nonprofits in the United States. With a business structure so popular, you’d think it would be easy to describe what exactly a nonprofit is; however, if you can do
What is the Difference between a Nonprofit Organization and a Charity? While all charities are nonprofits, not all nonprofits are charities. 
Foreign Nonprofits: Doing Business Out of State If your nonprofit corporation is preparing to do business in a new state, you’ll need to register your nonprofit organization as a foreign entity in every state in which you want to solicit donations or sell products and services. The act of registering your nonprofit to do business out-of-
In my previous blog post, I discussed three key components in a competitive business plan. The increasing interest in Big Data and the popularity of Nate Silver style quantitative analysis both present strong evidence that objective data and hard numbers will make a stronger case for your
One of the key components of a competitive business plan in today's market is the inclusion of key reports. Three key ingredients that can strengthen any business plan are Financials, Projections and Market Research. For many business owner the idea of including even one of these sections is
What Will It Cost To Start My Business? Startup Expenses Template Nearly everyone who has ever started a business has underestimated the costs, and then faced the danger of running with inadequate capital reserves. The key to avoiding this pitfall is to adopt a rigorous approach to your research and planning. This startup expenses worksheet will lead you
Creating your business plan doesn’t come until Step 6 in Wicked Start’s 10-Step Roadmap for starting your new business. There’s a good reason for that. We believe there are five key steps to take before you spend the time to create your plan, and these critical steps will help

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