3 Ways to Determine Profit vs Nonprofit Organization

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How can you choose a profit vs a nonprofit organization? In this video, I walk through 3 major considerations when determining if starting a nonprofit organization is right for you. I discussed this in a previous video but talked more in global terms. In this video, I got into more detail about specific questions you can ask yourself when deciding which direction to go.

I talk about looking at similar organizations in your industry, then determining how you plan to make income, and finally, weighing the administrative and paperwork requirements for the two different types of business.

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Man!!!! This video is EVERYTHING!! I’ve subscribed and watched 2 videos!!!!

TheMeatball
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Excellent video! Thanks for sharing your knowledge.

IyaMolaye
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Great video 📹, wealth of knowledge 👍. Now to decide what niche i want to start my mission in. Thank you.

camiloguti
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Great information I just purchased the book but I’m leaning more towards FOR profit bc I want to run it solo for now so does your workbook help with that? Also would I complete a LLC or sole proprietorship for a FOR profit organization? Thank you

iamgwendolyn
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I think I jumped and ordered the book bc I need help and based off this video your workbook might not be for me.

iamgwendolyn