Nonprofit vs. For-Profit Social Ventures

I recently read an article at Entrpreneur.com regarding the often perplexing decision of starting a non-profit or a for-profit social venture. Arthur, Diana Ransom, illuminates the pros and cons of organizing your social venture. Most social entrepreneur tend to simply select non-profit for the fund raising benefits. Don't make the same mistake. Know your options and the reasons behind making this big decision.

The main criteria for making this decision are:

• Profits
• Tax Deductions
• Raising Capital
  
• Mission
• Scalability
• Hiring Employees
• Customers
  

Social Entrepreneurs need to make the right decision when forming their business entity. Non-profit organization isn't always the answer. Educate yourself before organizing your social venture.