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New Profits for NonProfits

Article Abstract:

With federal funding cutbacks increasing, non profits are looking for ways to make ends meet. Some non-profits have begun to hire consultants who help them develop profit centers within the organization to help out with meeting ever rising expenses. Many consultants - even specialities within a specialized field - have sprung up to meet the demand from the non-profit groups. Private industry, however, is protesting the fact that because non-profits have a tax advantage they can compete unfairly in the marketplace. A private industry group is pushing for a change in the tax laws concerning the profitable parts of non-profit organizations. Some consultants, however, are advising their non-profit clients to pay taxes now in order to avoid a lengthy, costly court battle later on.

Author: Schultz, L.M.
Publisher: Mansueto Ventures LLC on behalf of Inc.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
Taxation, Nonprofit organizations

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Busy, Busy, Busy

Article Abstract:

For those people who are too busy to constantly be bothered with the many details of daily life, there are companies springing up all across the country to take care of all those little tasks. Present Company in Dallas will, for a yearly fee of thirty-five dollars and a little information about the recipient, take care of all your gift giving problems. There are even services which will pick up your car to take it in for repair work or servicing, or if you do not want to be without your car, there is a company located next to the Cleveland Airport which will work on your car while you are traveling.

Author: Schultz, L.M.
Publisher: Mansueto Ventures LLC on behalf of Inc.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
Case studies, Division of labor

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