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259-Should Your Coaching Practice Be a For-Profit or NonProfit?

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Manage episode 429010141 series 3334787
Content provided by Laura Malone- Life and Business Coach, Laura Malone- Life, and Business Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Malone- Life and Business Coach, Laura Malone- Life, and Business Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Let's talk about everything you need to consider when deciding between setting up a nonprofit or for-profit business for coaching, especially in the context of ministry. Ministry is about fulfilling a calling to serve, regardless of the legal structure. I'm sharing the legal and operational differences between nonprofits and for-profits, in addition to the mindsets, based off my personal experience running a nonprofit ministry for 18 years.

***VIParts of this episode to refer to:

The LORD says, “I will guide you along the best pathway for your life. I will advise you and watch over you." Psalm 32:8 NLT

Grab your FREE list of Coaching Business Resources and a Business Plan Template!

Become a Life Coach

Figure Out Who to Coach

Start Your Online Coaching Business

Join the Coaching FB Community —> HERE

Find me @coachlauramalone on IG —> HERE

I’D BE SO GRATEFUL IF YOU LEAVE A WRITTEN REVIEW ON APPLE PODCASTS FOR ME ~ THANKS IN ADVANCE!

🔔 Make sure you subscribe & follow the show!

  continue reading

266 episodes

Artwork
iconShare
 
Manage episode 429010141 series 3334787
Content provided by Laura Malone- Life and Business Coach, Laura Malone- Life, and Business Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Malone- Life and Business Coach, Laura Malone- Life, and Business Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Let's talk about everything you need to consider when deciding between setting up a nonprofit or for-profit business for coaching, especially in the context of ministry. Ministry is about fulfilling a calling to serve, regardless of the legal structure. I'm sharing the legal and operational differences between nonprofits and for-profits, in addition to the mindsets, based off my personal experience running a nonprofit ministry for 18 years.

***VIParts of this episode to refer to:

The LORD says, “I will guide you along the best pathway for your life. I will advise you and watch over you." Psalm 32:8 NLT

Grab your FREE list of Coaching Business Resources and a Business Plan Template!

Become a Life Coach

Figure Out Who to Coach

Start Your Online Coaching Business

Join the Coaching FB Community —> HERE

Find me @coachlauramalone on IG —> HERE

I’D BE SO GRATEFUL IF YOU LEAVE A WRITTEN REVIEW ON APPLE PODCASTS FOR ME ~ THANKS IN ADVANCE!

🔔 Make sure you subscribe & follow the show!

  continue reading

266 episodes

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