259-Should Your Coaching Practice Be a For-Profit or NonProfit?

Let's talk about everything you need to consider when deciding between setting up a nonprofit or for-profit business for coaching, especially in the context of ministry. Ministry is about fulfilling a calling to serve, regardless of the legal structure. I'm sharing the legal and operational differences between nonprofits and for-profits, in addition to the mindsets, based off my personal experience running a nonprofit ministry for 18 years. 

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The LORD says, “I will guide you along the best pathway for your life. I will advise you and watch over you." Psalm 32:8 NLT

 

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