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Public Benefit Nonprofit Corporations

A public benefit nonprofit corporation is what people think of when they think nonprofit.  It is a charity that is advantageous to the public at large, meaning that anyone could benefit from the actions of the nonprofit. 

Foreign Nonprofits: Doing Business Out of State

If your nonprofit corporation is preparing to do business in a new state, you’ll need to register your nonprofit organization as a foreign entity in every state in which you want to solicit donations or sell products and services. The act of registering your nonprofit to do business out-of-state is known as “qualifying a foreign entity,” and below you’ll find everything you need to know about qualifying your nonprofit to do business in all 50 states: 

SWOT Analysis Worksheet

Download this worksheet to identify the strengths, weaknesses, opportunities and threats for your business. This information can help you outline goals and strategies for your business and marketing efforts.

Contracts

All sales contracts should be in written form for delivery of products or services.  Clearly outline and detail as needed what each party is agreeing to do.  Anticipate areas of confusiton or points of potential conflict.  Provide a recourse (rememedy) in case the agreement is not followed. 

Operating Agreement Checklist for LLC and Partnership Agreement

Checklist of common items that should be in Operating Agreements for LLC's and for Partnerships.   The items in the checklist must be discussed and are important to be in written agreement prior to starting a business.  They are the legal parameters of how the business will be managed and disputs resolved after the business is started.   Download a copy of Partnership Agreement Checklist  (LLC).

Business Plan Outline

Business Plans can be very short in the number of pages for a start-up business and will be more detailed for an emerging and established business that needs to grow.  This outline is a short six-page version of the topics that need to be considered for your business.  Not every topic will always apply to your particular business. 

Start-Up Costs

Common Start-Up Costs that would apply to most all business ventures.  These are expensed during the first 60 months of the business in equal amounts like straight-line depreciation

Business Plan Overview

Go to www2.lc.edu/score/business_plan.htm for a very brief overview of the business plan process and access to a list of some of the questions that should be addressed in anticipation of starting up a new business or significantly changing an existing business.  The answers to these same questions formulate the initial basis for a good business plan. ​


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