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What are the benefits of being a nonprofit vs. a for-profit?

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What are the benefits of being a nonprofit vs. a for-profit?

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10

Your decision about what kind of organization to be is quite complex. It involves, for example, business and philosophical issues, as well as tax considerations. You must make that decision for yourself; The Grant Center does not provide advice in this area. We suggest you speak with the Memphis Business Development Center, as well as other trusted advisors, such as your accountant or your attorney.

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