Ex.18. Scan the text below and give headlines to each paragraph

When launching a business, ask yourself, "Who will benefit from the activity?" If the answer is that you or your family will benefit, (0) ___________ rather than a nonprofit organisation. If your answer is that the community or the public at large will benefit, then a nonprofit structure may be the best route. The difference between nonprofit and for-profit organisations is that nonprofits use their profits to advance their programmes, (1) ___________. Nonprofit organisations fall into five main categories:

1. Trade associations, organized to advance a group of people who have a profession in common (for example, Association of Research Librarians, International Association of Meeting Planners). This group also includes chambers of commerce and unions.

2. Charitable organisations, (2) ___________. This is a diverse category, including religious groups, museums, environmental and educational organisations, libraries, and the many helping groups referred to as "charities."

3. Social clubs, such as country clubs and fraternal organisations.

4. Governmental groups, (3) ___________.

5. Political groups, generally organized to promote certain policies, issues, or candidates for political office.

While Not-for-profit organisations are able to earn a profit, more accurately termed a surplus, such earnings must be retained by the organisation for its self-preservation, expansion, or plans. NPOs have controlling members or boards. (4) ___________, while others employ unpaid volunteers and even executives who work without compensation.

Profit is not the primary goal of an NPO, (5) ___________, the term Not-for-profit is often considered more appropriate than Non-profit. The extent to which an NPO can generate income may be constrained, or the use of that income may be restricted. Nonprofits therefore (6) ___________ (which may be tax deductible) from the private or public sector, and are typically exempt from income and property taxation. Some NPOs may internalize profit in the form of comparatively good wages or benefits.

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