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Not For Profit

otismotis
otismotis Posts: 2 Newbie
edited 23 March 2013 at 10:46AM in Small biz MoneySaving
Can anybody help me to find the best vehicle to achieve my aim please? I want to formalise a small dog rescue facility run from my home so that I can fund raise, but do not want to reg as a charity and lose control. I will use all funds to further the rescue of more animals and although I run my own business also dog related, want to keep that separate. I have read about various models but which is the best for me?

Comments

  • Wywth
    Wywth Posts: 5,079 Forumite
    otismotis wrote: »
    Can anybody help me to find the best vehicle to achieve my aim please? I want to formalise a small dog rescue facility run from my home so that I can fund raise, but do not want to reg as a charity and lose control. I will use all funds to further the rescue of more animals and although I run my own business also dog related, want to keep that separate. I have read about various models but which is the best for me?

    Take expert advice. The internet is not the best place for this.

    You could simply run it as a sole trader. Charge less than it costs and it won't be for profit ... or give any surplus generated away to further the rescue of more animals. :)

    Or you could register it as a not for profit company.
  • phill99
    phill99 Posts: 9,092 Forumite
    Part of the Furniture 1,000 Posts
    Why would registering it as a charity make you lose control?
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • Thanks Phil 99 I would lose control if I ran a charity as I would have to engage trustees, who would ulitmately have control of the decision making process and I could not be one as I have the skills to do the rehab and rehome work.
  • phill99
    phill99 Posts: 9,092 Forumite
    Part of the Furniture 1,000 Posts
    I don't think that you understand the role of trustees. They won't be involved in the decision making concerning animal welfare, reforming eye. They are set up much like governors of a school and are there to ensure that the charity is run correctly. You as the Chief Executive of the charity are the one the makes the routine and managerial decisions. I think you have been misinformed.
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • OllysMum_2
    OllysMum_2 Posts: 79 Forumite
    Have a look at the Social Enterprise UK website Social Enterprises are usually not for profit (not always) and are run for a social purpose.

    If you're in Scotland there is a lot of free support available. See here

    As for business model - look at Community Interest Companies and Companies Ltd by Guarantee - both commonly used in the not for profit world when it's not a charity. However, I'd also explore charitable status - sometimes there are a lot of hoops to jump through, but the tax breaks can make it worth it.
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