Advantages and Disadvantages of Forming a Non-Profit Organization

Discussion in 'Employer Issues' started by Jacob Hawkins, Jan 14, 2019.

  1. Jacob Hawkins

    Jacob Hawkins
    uix_expand uix_collapse

    Mar 16, 2018
    Likes Received:
    Many are considering forming non-profit organizations nowadays just by having an overview of the basic advantages. And, the majority of these people burn out quickly. However, it’s necessary to study comprehensively about the rules/regulations, have a better understanding of what to expect, etc. before you set your foot in the nonprofit world.

    Advantages of forming a non-profit organization
    Tax exemption
    Limited liability
    Eligible for grants
    Formalized structure
    Highly motivated employees

    Disadvantages of forming a non-profit organization
    Cost- Starting a non-profit organization
    No profits
    Limited control
    Funding difficulty
    #1 Jacob Hawkins, Jan 14, 2019
    Last edited by a moderator: Jan 14, 2019

Share This Page