What steps must be taken to start a non-profit organization? What things should be kept in mind?
These are the basic requirements. Organizing a charitable organization should include a number of operational duties for the survival of the business. At a minimum, these items should include a strategic plan, case statement, articles of incorporation, budget, and set of bylaws. 1) Determine that you really need to start a charitable enterprise. Would you be better to file as a small business or for-profit corporation? Keep in mind that there are many rules and regulations that govern the operation of a nonprofit corporation, depending upon the state in which the business is located. This may include a yearly audit or tax forms to special reporting agencies. Another thing to consider is that here is usually more administrative paperwork necessary to operate a charitable organization than a for-profit business (sole proprietorship).
