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What is the difference between a nonprofit organization and a for profit business Video

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For more help like this tutorial on the difference of nonprofit organization and for profit business, try my business apps: http://www.problemio.com

If you are wondering whether you should start a nonprofit organization or a for profit business, you may be interested in my book on business ideas, and how to go from a business idea to a real business:
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https://itunes.apple.com/us/app/business-plan-and-coach/id554845193

In this tutorial, I discuss the difference between a nonprofit organization and a for profit business. There are a few main issues that make up the difference between a nonprofit and a for profit business.

The first issue is taxation. Nonprofits get a tax exemption from the IRS (in United States). The other difference between a nonprofit and a for profit business is how they distribute profits. Nonprofit organizations must not end up with a surplus, and must use the surplus revenue to either fund the sustaining of the nonprofit, or find what to do with the money. For profit businesses are free to do just about whatever they want with the profits. There are additional differences between a nonprofit, and a for profit business, and I mention those in the video.

Difference between a nonprofit and a for profit business
Difference between a nonprofit and a for profit
nonprofit organizations vs. for profit business

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