Profits are the reason for being for a business. This is simply a fact. And it's also a fact that labor represents the largest expense for businesses in the US, so naturally automation and workforce reductions are a point of focus.
Congratulations. You have made so many crazy, self righteous posts over the last few weeks, I feel compelled to block you. "This is simply a fact!"
If you are a non-profit, you aren't really a business now, are you? You're a charity.
No. There are overlaps between not-for-profit businesses and charities, but they are not the same thing. All charities are not-for-profit organisations, but not all not-for-profit organisations are charities.
Take a look here: http://en.wikipedia.org/wiki/501(c)_organization. Many of these types are indistinguishable from any other type of for-profit business, apart from the use of their surplus.
Also, since you mention it, while some of their funding may be unconventional from a for-profit business standpoint, the breadth of work that charities end up doing means that they will often operationally meet the definition of a business.
Comments
Everyone needs to know about gaffers tape. We need an app for that! ????
I keep three or four 3-inch pieces of tape on the back of a credit card I never use. So handy to have it with me everywhere.
"What's in YOUR wallet"?
Congratulations. You have made so many crazy, self righteous posts over the last few weeks, I feel compelled to block you. "This is simply a fact!"
Frankly, my dear, I don't give a hoot.
Profits are the reason for being for a business. This is simply a fact.
Businesses can be run as a not-for-profit organisation or be state owned to deliver a public good.
So no, not a fact. Profits are a reason for being for a business.
Businesses can be run as a not-for-profit organisation or be state owned to deliver a public good.
So no, not a fact. Profits are a reason for being for a business.
If you are a non-profit, you aren't really a business now, are you? You're a charity.
Unless you're a professional sports team.
Unless you're a professional sports team.
A professional sports team is hardly a non-profit. The sports leagues themselves ARE tax-exempt.
If you are a non-profit, you aren't really a business now, are you? You're a charity.
No. There are overlaps between not-for-profit businesses and charities, but they are not the same thing. All charities are not-for-profit organisations, but not all not-for-profit organisations are charities.
Take a look here: http://en.wikipedia.org/wiki/501(c)_organization. Many of these types are indistinguishable from any other type of for-profit business, apart from the use of their surplus.
Also, since you mention it, while some of their funding may be unconventional from a for-profit business standpoint, the breadth of work that charities end up doing means that they will often operationally meet the definition of a business.