Should I turn my for-profit business into a non-profit?
Enter the Project Grow Challenge presented by Entrepreneur and Canon USA for a chance to win up to $25,000 in funding for your business. Deadline is Sept. 15 2015. Click here to enter.You would need to see the benefits for you in your particular locale and municipality, and talk to a good tax accountant or tax lawyer to see what advantages you may gain from this change.
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.