{"id":73337,"date":"2024-05-09T06:00:00","date_gmt":"2024-05-09T06:00:00","guid":{"rendered":"https:\/\/www.allearsenglish.com\/?p=73337"},"modified":"2024-05-08T22:24:36","modified_gmt":"2024-05-08T22:24:36","slug":"nonprofit-in-american-business","status":"publish","type":"post","link":"https:\/\/www.allearsenglish.com\/nonprofit-in-american-business\/","title":{"rendered":"Business English 253: Profit Versus Nonprofit in American Business"},"content":{"rendered":"\n

Do you know the difference between profit and nonprofit corporations?<\/p>\n\n\n\n

Whether you’re working or volunteering for a nonprofit, it’s vital to understand the differences.<\/p>\n\n\n\n

Listen to today’s episode for key differences between profit and nonprofit in American business.<\/p>\n\n\n\n

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American organizations<\/strong><\/h3>\n\n\n\n

Aubrey shares that she formerly was an Operations Manager for a nonprofit.<\/p>\n\n\n\n

She loved it and misses it.<\/p>\n\n\n\n

She had to resign because she needs a schedule that has more flexibility.<\/p>\n\n\n\n

Today\u2019s episode is inspired by a listener\u2019s question.<\/p>\n\n\n\n

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Today’s question<\/strong><\/h3>\n\n\n\n
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I am so happy to write this email, you guys have been my motivation since I got to the States 3 years ago, a loyal listener since then. I love the 4 of you, but I need to confess that Jessica is my fav\ud83d\ude0a. I am originally from Argentina and currently living in Oregon, with a previous time in Miami, a huge change I know., for good. The Columbia River Gorge is gorgeous\ud83d\ude00 !!!<\/p>\n\n\n\n

Getting to the point, l am having job interviews lately, trying to make a career change moving from a profit to a non-profit organization and I found it how hard can be when it comes to speaking the same language, many words that in a profit context are ok but not in an organization that the ultimate goal is not revenue or make money, such as outreach instead of a target. I already scrolled through the episodes but I couldn’t find one with this topic and I think maybe it’s a good idea if you can dig into the differences.<\/p>\nWishing you the best!

Moira Josef<\/cite><\/blockquote>\n\n\n\n

This is a great question!<\/p>\n\n\n\n

The nonprofit industry is not talked about as much as for profit.<\/p>\n\n\n\n

Listen in and learn useful vocabulary that you may need if you intend to volunteer or are interviewing for a nonprofit organization.<\/p>\n\n\n\n

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Profit vs nonprofit<\/strong><\/h3>\n\n\n\n

A nonprofit organization is a group organized for purposes other than generating profit<\/a>.<\/p>\n\n\n\n

No part of the organization’s income is distributed to its members, directors, or officers.<\/p>\n\n\n\n

Though you may not be working for a nonprofit, you have likely volunteered for one or will at some point so this is extremely useful vocabulary<\/a>!<\/p>\n\n\n\n

Here are three things to consider before volunteering or interviewing for a paid position with a nonprofit.<\/p>\n\n\n\n

We’ll also share relevant vocabulary.<\/p>\n\n\n\n

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#1: Know the ultimate goal<\/strong><\/h3>\n\n\n\n

Do research before the job and become familiar with the nonprofit\u2019s ultimate goal.<\/p>\n\n\n\n

This is the long-term end goal.<\/p>\n\n\n\n

This might be a city without homelessness, or a world where no child goes hungry.<\/p>\n\n\n\n

They will likely want to know if you are passionate about this goal.<\/p>\n\n\n\n

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#2: Know the mission<\/strong><\/h3>\n\n\n\n

This might be outreach or providing services.<\/p>\n\n\n\n

You need to be passionate and excited about the mission of the organization.<\/p>\n\n\n\n

Here is an example of the mission of One Small Step, the nonprofit Aubrey worked for:<\/p>\n\n\n\n

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We help children, families, and individuals living in poverty to attain a more productive life by providing quality clothes, shoes, and other support services.<\/p>\n<\/blockquote>\n\n\n\n