When you’re starting a business, it’s likely you’ll hear the phrases “nonprofit” and “not-for-profit” thrown around. *~ Claim Your FREE 45 min Strategy Session NOW! 👉 https://aba.link/ssz18It’s also easy to assume these two terms mean the same thing. However, nonprofits and not-for-profits are business structures with different tax implications, governance and functions. Both of these entities contrast with for-profit organizations. Here are the ins and outs of what all these terms mean so you can figure out which structure is right for your new venture.In this episode of Coffee with Carl, attorney Carl Zoellner guides you through the process of doing business between your nonprofit and for-profit business entities.🚀 Ready To Take Your Business To The Next Level & Get A Detailed Risk Assessment To Help Protect Your Personal and Business Assets From Lawsuits?***** Find about our Upcoming Events at👉 https://aba.link/allevents👉👉SUBSCRIBE Anderson Business Advisors Youtube Channelhttps://www.youtube.com/c/AndersonBusinessAdvisors🔊 Be The First To Know, First To Grow LISTEN to Anderson Business Advisors PODCAST 👉 http://AndersonAdvisors.com/podcastVISIT https://AndersonAdvisors.com for solid financial strategies, tips, articles and workshops to help you grow and prosper.800.706.4741info@AndersonAdvisors.comhttps://AndersonAdvisors.comTwitter: @ChooseABABlog: https://andersonadvisors.com/blog/The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.#ForProfitBusiness