Non-profit is a charity on profit is another way of saying not for profit but is sometimes used to describe a for profit that is having losses. Non for profit insurers (mutuelles) try to differentiate themselves from private insurers on the basis of the so-called “fraternal” (the French word is “solitaire”, aimed at indicating that […]

In these days of instant payment you would believe that the problem of unpaid registration fees is a negligible issue. Unfortunately the days of instant payment do not coincide with the days of red-tape-free purchase ledger accounting. Companies have their own internal profit rules about raising requisitions for payment and some may take in excess […]