Should I turn my for-profit business into a non-profit?
Generally you might find some advantages, but in this market, probably not. Again, an expert would be able to help you find benefits, but realize we are in a market where many of the "old" rules don't apply -- especially when it comes to the credit markets.
Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.