Finance
Finance
Our motive is far from stepping on those that are already down. Our trusted market leaders provide insights as a way to eliminate fear and avoid wasteful spending.
Business Types
For-Profit
- Owned by Corporations, Shareholders, or Private Investors.
- Focus on generating profit and making business decisions for the betterment and profitability of investors and owners of the organization.
- Pay taxes on both property and income generated.
- Typically, they offer less charity, as focus is generating revenue/profits for investors.
- More aggressive billing.
- More likely to exhibit cost-cutting behaviors.
- Focus on high return services (ex: as elective surgeries)
- Variety of classifications such as Limited Liability Company (LLC), Corporations (C-Corp, S-Corp, P-Corp), etc.
Nonprofit
- Aims to serve the general community and improve public health by focusing on providing care to all individuals regardless of socioeconomic status or ability to pay for services rendered.
- These organizations are exempt from federal and state income taxes.
- Must provide benefit to the community such as free or discounted care for low-income individuals.
- All profits must be reinvested within the organization for improvements in equipment, staffing, and programs within the community.
- Funding is received from the community, government grants and donations.
- Variety of classifications such as Limited Liability Company (LLC), Corporations (C-Corp, S-Corp, P-Corp), etc.
