Changes

These businesses serve to benefit the public in some way, and in turn receive special tax deductions. Although the business model of a non-profit does not have profit as its primary consideration, the corporation must generate enough revenue to remain in operation.

Generally, non-profit corporations may charge less for their services or include special discounts if your small business fits specific criteria. Although services from non-profits may run cheaper than comparable services of a for-profit corporation, the quality of a non-profit resource is not necessarily inferior to that of the for-profit. As a savvy business owner, you should consider both non-profit and for-profit resources as you build and grow your business.