How to start a Non-Profit Business?
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Structure your Business Plan
For survival of any kind of business, may be profit or non-profit, you need to have enough working capital, i.e., at least the incoming and the outgoing capital should be balanced. A non-profit faces more challenges in terms of raising money than others. Try to frame a viable business plan to find the sources of income and expenditure, rather than completely depending on the donors. Conclude for what product or service you want to deal with and where is the market of your products. Plan on the location of setting your business, considering the availability of all the resources and the law and regulations regarding the particular product or service. The business plan should include the name of the board of directors, each member, the pain point that you want to address, the organizational chart and others.

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