Running a non-profit business can give you greater satisfaction than any normal business, as you will be contributing positively to society. You can set up a non-profit business in Houston. The process is not complicated. However, you should know what the prerequisites for starting such a business in Houston are.
Choose A Name
You should first choose a name for your non-profit organization. Branding is very important in this business, and the name should reflect what you want to do. The name shouldn’t conflict with the other names of non-profit organizations that are registered in this state.
Recruit The Directors
First, recruit the main brains of your company, that is, the directors. They must have defined roles and appropriate experience and qualifications for the job. They should meet the residency and age requirements.
Have A Registered Agent
A registered agent must be recruited. The person will be responsible for getting the legal notices on behalf of your company. The agent must live in Houston and have an office there.
You should prepare the articles of incorporation which mention when and where the company was formed. It verifies the existence of the company. You should gather other documents, permits, and licenses necessary to open the business.
You should hold meetings with the Board of Directors and decide on your company goals, mission, and vision. You should discuss the strategies you are going to use to hire people, raise funds, and operate the business.
Get A Tax Identification Number and Accounts
You should get the tax identification number for your business and also open up business accounts where you will keep your funds. This will help to keep a proper record of your transactions throughout the year.
There are thousands of non-profit organizations in Houston. You can work with the support of some of these organizations to achieve your goals and make the community a better place.