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10 Key Steps on Starting a Nonprofit Organizationby Dustin V Davis Successfully starting a nonprofit is a 1 in 2 gamble. Among the 30,000 nonprofits created each year in America, 50 percent of them failed. We are not sure how they failed or why they failed, but analysts believe it could all be rooted in the correct planning before start up. When one decides to go into business, they have to first make a decision on whether they are going into business for-profit or for advancement of a specific cause. The fundamental difference between nonprofit and for-profit organizations is that nonprofits use their profits to advance their programs, while for-profits distribute their profits to their owners or stockholders. Starting a nonprofit that advances your cause and makes the world a better place can be done successfully if key steps are followed. Here is a brief step by step guide to successfully establish a 501(c)(3) nonprofit corporation. More detailed information on the correct forms and documents to file when and where, sample bylaws, sample articles of organization and your state requirements can be found on our site. Please check out our complete list of resources that answers the question of how to start a non profit.
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Hopefully you found these 10 steps on starting a nonprofit very helpful. For a more complete resource, the links to forms and documents to file when and where, sample bylaws, sample articles of organization and your state requirements, please check our complete site of resources at http://www.Starting-a-Non-Profit.net
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