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Nonprofit, Not-for Profit & For-Profit Organizations Explained
There are four key differences between a nonprofit and a not-for-profit: Nonprofits are formed explicitly to benefit the public good; not-for-profits exist to fulfill an owner’s organizational objectives. Nonprofits can have a separate legal entity; not-for-profits cannot have a separate legal entity. Nonprofits run like a business and try to ...
For-profit Definition & Meaning - Merriam-Webster
The meaning of FOR-PROFIT is established, maintained, or conducted for the purpose of making a profit. How to use for-profit in a sentence.
Definition and 7 Examples of For-Profit Organizations - Indeed
A for-profit organization, or for-profit corporation, is one whose primary aim is to make a profit by earning more money than they spend. Most businesses throughout the world are for-profit organizations.
For-profit corporation - Wikipedia
A for-profit corporation is an organization which aims to earn profit through its operations and is concerned with its own interests, rather than the interests of the public (non-profit corporation). [1]
1.3: For-Profit vs. Nonprofit - Business LibreTexts
A nonprofit or not-for-profit business is one that provides goods or services to consumers, but its primary goal is not to return profit to the owners of the business (as is the case with a for-profit business). Instead, it uses those profits to provide a public service, advance a cause, or assist others.
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