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    Financial management of not-for-profit and for-profit firms

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    I need assistance in pointing out the two most important differences between not-for-profit and for-profit firms. Use the attached PPT presentation to prepare at least one paragraph on these differences.

    © BrainMass Inc. brainmass.com October 9, 2019, 5:31 pm ad1c9bdddf
    https://brainmass.com/business/accounting/financial-management-not-profit-profit-firms-59755

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    Ownership and Goal:
    Profit firms are meant for running business for profits and have clear ownership structure and Owners exercise control through voting. Their main goal is to maximize the shareholder's wealth.
    Not-for profit firms operate for ...

    Solution Summary

    This explains the difference between Financial management of not-for-profit and for-profit firms

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