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THE AMACG RESOURCE CENTER
The Hub brings together practical insights for entrepreneurs, small-business owners, nonprofit leaders, and the people helping organizations move forward.
PRACTICAL PERSPECTIVE
Thoughtful guidance for the decisions, systems, and people behind your work.
Intellectual property (IP) is a crucial aspect of modern business and innovation. It comprises several types, including patents, trademarks, copyrights, and trade secrets. These different forms of IP provide a framework for protecting unique and valuable creations.
Business credit refers to a company's creditworthiness and its ability to borrow money or obtain goods and services on credit. It is distinct from personal credit, which is based on an individual's financial history and creditworthiness. Business credit is associated with a business entity and is used by lenders, suppliers, and other creditors to evaluate the company's ability to fulfill its financial obligations.
There are several types of business entities, each with its own advantages, disadvantages, and legal implications.
Many states have state statutes that mandate organizations to register with the state before soliciting contributions from its residents, with some exemptions applying to certain organizations. The registration typically involves providing information about the organization's mission, financial practices, and how it intends to use the funds raised. The purpose of this registration is to ensure transparency and accountability in the fundraising process, protecting donors and the public from...
Giving Tuesday is a global generosity movement that takes place annually on the Tuesday following the Thanksgiving holiday in the United States. It serves as a day for people around the world to come together and support charitable causes through donations, volunteering, and various acts of kindness.
A 501(c)(3) tax exemption refers to the tax-exempt status granted by the Internal Revenue Service (IRS) to certain nonprofit organizations in the United States. Specifically, Section 501(c)(3) of the Internal Revenue Code outlines the criteria for organizations that qualify for tax exemption based on their charitable, educational, religious, scientific, literary, or other qualifying purposes.
A Dun & Bradstreet (D&B) DUNS number is a unique nine-digit identifier for businesses, often used for credit reporting and business identification purposes.
An Employer Identification Number (EIN) is a unique nine-digit identifier assigned by the Internal Revenue Service (IRS) to businesses and other entities for tax purposes in the United States. Also known as a Federal Tax Identification Number, it is used to identify a business entity and is similar to an individual's Social Security Number (SSN).
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