Posted on Tuesday, 21st April 2009 by admin
Business Directory
I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?
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I have worked for the 501C business for 10 yrs total, 3 in this specific business area. They no longer wish to carry this branch of their association. When they close, I will be fired. Can I start up my own for profit business, with the same business description?
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Tags: Business Area, Business Description, Start Business
Posted in 783 | Comments (2)
April 24th, 2009 at 5:33 am
Small Business Web Hosting
Sure, it just won’t be a 501C. LLC, or Corporation
April 24th, 2009 at 1:33 pm
Dolphin Hosting
You may have some problems if you use similar names or other things that may be the intellectual or business property of the 501C (3). You should get a written agreement with the Association approving your enterprise. If you plan on using the same facilities as the non-profit there could be some zoning issues that would require a new approval by the local planning department. After that you may organize in the same manner as any business.