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For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.
An example of this is a sports club, which exists for the enjoyment of its members and thus would function well as an NFPO, with revenue being re-invested into improving the organization. [1] These organizations typically file for tax exemption in the United States under section 501(c)(7) of the Internal Revenue Code as social clubs. [5]
It also provides information on legal issues and health care. It also hosts a podcast on some concerns facing small business. [2] On its website, the National Federation of Independent Business states that it is a "nonprofit, nonpartisan organization founded in 1943". [3] In 2010, 25 of its members, all Republican, were elected to the 112th ...
A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1]
The definition of a small business depends on the industry, business size and annual revenue. In general, a small business typically has fewer than 1,000 employees, is privately owned and has less ...
An inclusive business model is a type of business model that seeks to create value for low-income communities by integrating them into a company's value chain on the demand side as clients and consumers, and/or on the supply side as producers, entrepreneurs or employees in a sustainable way.
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