Rating
Exceed Non Profit
Exceed Non Profit
Would it be possible for a non-profit organization to create a business?
Not for the non-profit organization to make money, but to help create jobs in an area, but that business can have a contract with the non-profit organization for 20 or 30yrs where they will help donate money to create other businesses for needed areas.
I can not explain the very detail at the moment or I will be writing for a long while. Just the main question, Can a non-profit organization build a business to help create jobs without making a profit from it? Just a contract, that will donate money to the non-profit organization on a percentage from the profit that business’s creates.
This can help our economy by a little bit. Instead of getting a loan from bank and throwing our economy more into debt if the business does not succeed. Since all the money will donated from the non-profit organization, no money will be owed. But if the business don’t exceed the contract and fails to pay for it. That is the lost for the non-profit organization.
try the better business bureau or small business bureau
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