APT Initiatives
APT Business & Economics Resources
Minimising Workloads, Maximising Performance
Established in 1999

Special Items

Not-for-profit businesses (or non-profit organisations ie NPO’s)

Organisations whose prime objective is not to make a profit but to support the needs and / or further the interests of specific individuals or groups of individuals in society. They are frequently set up to achieve some charitable, humanitarian, educational, environmental, religious, or other socially beneficial goal. ‘Not-for-profit’ does not mean that the organisation concerned never makes a profit ie where income is greater than expenditure. It simply means that if profit which, in this context should be referred to as ‘surplus’ is made, then unlike business organisations operating for profit, it is not distributed to owners, shareholders or partners, but ploughed back into the business in order to further the business’s aims.

Millstone Lodge, Eaton Upon Tern, Market Drayton, Shropshire, TF9 2BX - Tel : 01952 540877 - Fax : 01952 541230
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