How Do You Form a Nonprofit Board of Directors?

Formation of Nonprofit Board of Directors A nonprofit needs leadership from a board of directors. Board members are fiduciaries, meaning they must act in the best interest of the nonprofit. Establishing a nonprofit offers liability protection for board members. Their personal assets are separate from organizational liabilities. Directors aren’t personally responsible for debts or liabilities. … Read more

Is a Fictitious Name?

Trade Names vs Trademarks A trade name is the official name under which a company does business. A trademark legally protects and distinguishes products and services from competitors. Understand differences between names. Then choose carefully. Trade names register under state provisions based on the business form. Trademarks register under the Trademark Act with different approval … Read more

How Do You Make a Easy Bamboo Farm?

Items Required to Make a Bamboo Farm: Bamboo has uses such as decoration, sticks, scaffolding, planks, slab, stairs, or fuel. Break bamboo with any tool to get it. How to build an automatic bamboo farm: Build a platform of blocks or slabs. Plant bamboo rows with 3 block gaps. Place observer by each stalk facing … Read more

Is Crowdfunding Illegal in India? Crowdfunding in India

Overview Crowdfunding is governed by SEBI in India. SEBI is a market regulator that regulates the securities market. Set-up in 1988, it is a non-statutory body. Equity-based crowdfunding is illegal in India. Other types are legal. The risk associated with unregulated investments is high. The investor may lack skills and experience of assessing the risk … Read more

What Is the Maid of Honor Responsible for Paying For?

Maid of Honor Responsibilities The maid of honor plays a key role. She is responsible for paying for her attire, travel, and parties. As the bride’s assistant and event planner, the maid of honor often covers some bachelorette party costs, such as decorations. Financial Considerations You shouldn’t hide financial struggles. If the maid of honor … Read more

How Much Electricity Does a Gym Use?

Energy Consumption in Gyms and Fitness Centres The energy consumption of gyms and fitness centres depends on equipment size and type. Standard gym uses 30,000-50,000 kWh of electricity per year, equivalent to 10-15 households. Fitness centre may use up to 75,000 kWh. Gas consumption is 15,000-20,000 therms, water 2.5 million gallons annually. Location is the … Read more