1.02 What Is a Non-Profit Anyway?

1.02 What is a Non-profit Anyway?

Use these Internet resources to read about non-profit businesses and answer the questions below.

§  http://www.missouribusiness.net/docs/seek_nonprofit_status.asp

§  http://www.bizfilings.com/products/nonprofit.asp

§  http://en.wikipedia.org/wiki/Non-profit_organization

1.  What is a non-profit business?

2.  To be considered a non-profit business, one must carry out what types of purposes?

1.

2.

3.

3.  List three examples of non-profit businesses.

1.

2.

3.

4.  Do most non-profit businesses offer products or services?

5.  Can a non-profit business earn money/income? Explain why or why not.

6.  List at least two ways that non-profit businesses might secure funding for their business operations.

7.  List three well-known non-profit businesses.

3. 

1.02 Goods or Services

Business Then and Now

For use with website: http://www.econedlink.org/lessons/index.cfm?lesson=EM64

Old Name / New Name / Goods or Services Provided /
Brainstorming
New Businesses

Name:______Class:______

1.03 Classifying Businesses

Look at the list below; read, decide, and write the name of each business in the correct column (Profit-making, Non-profit, Product Business, Service Provider, Product and Service). Businesses will be listed in more than one column—either Profit-making OR Non-profit, AND Product OR Service OR Product and Service.

Name:______Class:______

1.03 Classifying Businesses

American Cancer Society

American Red Cross

Bicycle Repair Shop

Casey's Auto Sales

Claire's Cleaners

Cycle Sales and Service

H & R Block

Handyman Help

Homeless Haven

Larry's Lawn Care

March of Dimes

McDonald's

Merry Maids Cleaning

Pete's Pet Sitters

Salvation Army

Sears

Shepherd's Soup Kitchen

Susie's Styling Salon

The Gap

UPS

Profit-making

/ Non-profit / Product Business / Service Provider / Product and Service