AQA GCSE Business · 8132
Paper 1, Paper 2
Revise: Business Legal StructuresA not-for-profit organisation exists primarily to pursue a mission rather than distribute profits to private owners. It still needs income to cover costs and may earn a surplus: income left after expenditure. That surplus supports its work rather than becoming a reward for private ownership.
- Revise: Setting Aims and Objectives
An organisation whose main purpose is not to distribute profit to owners, but to pursue another purpose, such as a social aim. It may still earn a surplus to support its activities.