Not-for-profit organisations 0.0 / 5 ? Business StudiesDifferent business formsASAQA Created by: charliedeeCreated on: 27-04-16 12:01 Mutual businesses Have no shareholders and no owners, much like many building societies and mutual life assurance businesses. Exist soley for the best interests of members: the customers. Nationwide is a building society and is 'proud to be different' because they have no shareholders pressuring them for profits 1 of 2 Charities Many important organisations have charitable status eg. Greenpeace, Oxfam & Save The Children. Charitable status ensures that those who fund the business are not liable for any debts. Has significant tax benefits. 2 of 2
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