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Non-profits: What is the difference between a social business (social enterprise) and non-profit?
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Manolis Sfinarolakis, RealityCrowdTV Crowdfunding Summit & Incubator answered:

Non-profit is incorporated as a 501c(3) and must be approved by the government for the tax advantages to take effect. A social business or perhaps a Benefit Corporation is a new corporate structure available in certain states that allow the for profit corporation to put the "Social Mission" of the company ahead of the "Shareholder Profits".

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