5 Reasons NOT To Start With A Non-Profit Business

A common misconception I often hear in the startup world is that non-profits are easy and safe, since they don’t have to pay taxes, and they don’t have to make a profit for their shareholders. In reality, from the feedback I get from non-profit executives, exactly the opposite is true.

Technically speaking, in the United States, a non-profit corporation or association is one which has been exempted from Federal income taxes by meeting the criteria set out Section 501(c) of the Internal Revenue Code, most notably religious, educational, and charitable entities like the Salvation Army. Other countries have similar exemptions for similar organizations.

Here are the common reasons I hear that make starting and running a non-profit actually more difficult than starting and running a conventional business:

Marty Zwilling

Full Story: http://blog.startupprofessionals.com/2017/06/5-reasons-not-to-start-with-non-profit.html