Conservation Entrepreneurship/Differences&Similarities

Differences and Similarities between For-Profit and Non-Profit enterprises

We discussed the similarities and differences between For Profit and Non-Profits: (this is not an exhaustive list of course! Feel free to add to it)

Similarities
Board of directors legal entities (articles, incorporation, statutes, incorporation) tax responsibilities vary in size (small to large) compensation of participants importance of efficiency competition (funding, recognition) constituents(p: shareholders, customers, employees, funders)(np: employees, donors, recipients) loans deliverables (goals, services)

Differences	For-Profit	Non-Profit
Distribution of money Liquidation of assets- where does it go? Taxes Public expectation of compensation Free labor	Distribute Owners Taxable High Volunteers	Reinvest Beneficiaries Tax exempt Low Interns

What about corporate responsibility?

• see class handouts

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