Maria R.
Middleton, SA
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Hi there, I have been doing events for charity for some time now, but I do it through voluntary non paid. I have enjoyed it tremendously and have given me a great deal of experience in the field. I hav been thinking about running my own business but Im not quiet sure which way to go. Wheather keep it my own company business and part proceeds to charity or run it as non profit organisation. I have been juggling it a bit for some time on what desicion to take. What are the advantages and disadvantages of each, also what lisences will I be requiring for each business. Im very new at this. Can u help ? Thanks
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Hi Maria,
the best thing you can do here is find yourself a CA or CPA nearby with experience in the area, and get some face to face time with them. It will cost you some money, however the potential for you to miss a key element and cost yourself thousands is very high. I would say that a couple of hundred today for advice on how to set your venture up properly has the potential to save you many thousands over time. hopefully someone on this forum will be closer to you then I am:)
good luck
BC