[This article was written by Hannah Jones.] A business is articulated entrepreneurship requiring skills, strategies, finance, and deciding the type of legal structure for it. Not all the structures are considered fit for all. Your task is to understand how …
Choose The Right Incorporation Service For Your Business Type Read more »
In our previous post, Starting a Nonprofit: Checklist (Part 1), we discussed the organizational steps leading up to forming your 501c3 nonprofit organization: Write a purpose statement Pick a business name Choose your board of directors Decide what state to …
Starting a nonprofit organization is a complex process, requiring extensive planning and compliance with both state and federal jurisdictions. But there’s an easy way not to be overwhelmed—as with anything in business, a solid plan and careful research are the keys …
Steps to Starting a Nonprofit Organization After making the decision to incorporate, there are a few things to keep in mind when starting a non-profit organization. Here is a brief list of some of the things that must be done. …
Corporations involved in areas like education, scientific research, religion, or charity can apply for a special type of nonprofit business incorporation. Such incorporation provides limited liability to the members of management. Forming a nonprofit company helps in its legal protection …
Every business would love to avoid income tax, and every customer would love to deduct their day-to-day donations and purchases on their tax return. Savvy to this, the IRS has specific guidelines in place to ensure that only organizations formed …
Nonprofit Corporations: Three Business Purposes to Avoid Read more »