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What are the most important things to know before starting a nonprofit?

What are the most important things to know before starting a nonprofit?

Understand the legal requirements for setting up a nonprofit organization in your state.

Develop a mission statement that clearly defines the goals and objectives of your nonprofit.

Create a business plan that outlines the purpose, activities and financial needs of your nonprofit.

Create a board of directors that will oversee the operations of the organization.

Secure the necessary funding to support the nonprofit.

Develop a plan to assess the effectiveness of your program and measure the impact of your work.

Develop a system to track donations and other income sources.

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