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A World Without Profit with Jennifer Hinton

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CHAPTER

What Is a Not for Profit Business?

A not for profit business is aly distinguished from traditional non profits, which we often call charity dependent non profits. Not for profit businesses are seeking to be financially self sufficient through the sale of goods and services in the market. So all of the profit, all of the surplus money that's left over after a business covers its expenses has to go back into serving that social benefit mission. This can be anything from like helping kids with reading disabilities, to protecting a local forest, or helping people facing homelessness.

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