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Podcast: Charity Therapy
Episode: That's Called Tax Fraud! | When an Entrepreneur has a "Really Good" Nonprofit Idea
Description: You've got a great business idea, people want to donate to help, and you're thinkingβ¦ "What if I just start a nonprofit?" Hold up β let's talk about it. In this episode, Meghan and I tackle one of the most common (and most frustrating) misconceptions out there β when entrepreneurs try to mix business ventures with nonprofit structures. Real Listener Question: "I'm coaching a small business owner who wants to restore a historic hotel, turn it into an Airbnb, and start a nonprofit to collect donations for the renovation. He says it's a win-win β is that legal?" T...