1 Has a jobs multiplier of 10 â one of the highest of any industry 9. 2  Accounts for 7.7 percent of the private manufacturing R&D expenditures in America 10. 3  There is a greater emphasis on âsoft skills.â Production line workers are expected to be problem solvers, with the ability to work in collaborative settings.
Nonprofit Versus For-Profit. The purposes for establishing and maintaining nonprofit organizations and for-profit businesses differ significantly. The main purpose of a for-profit company is to produce income above and beyond expenses; the products or services provided by the company are a means to that end.
Here is an example: 1  A corporation has a profit of $350,000 for 2007. That profit is taxed at the corporate tax rate of 35 percent. 2  An LLC has the same amount of profit of $350,000. Its two Members each have a 50 percent share in the LLC, so each one is taxed on $175,000 of income on his or her personal tax return.