The term “nonprofit” is usually associated with large, legal entities which can either be socially or politically inclined. A nonprofit is more organized and is often represented by any of its staff from its charter or governing body. In big countries, like Canada, a nonprofit can have the privilege of a tax-exempt status. On the… Read more…
What is a business? A business is an activity that you intend to carry on for profit and there is evidence to support that intention. A business includes: a profession a calling a trade a manufacture an undertaking of any kind an adventure or concern in the nature of trade. If any of your income… Read more…