In message <[email hidden]>, Tilly
<[email hidden]> writes
Quoted message said:On Sat, 23 Apr 2005 23:54:59 +0100, Tony Raven <[email hidden]>
Quoted message said:Tilly said:
I wonder why CTUK feels the need to advertise itself as a
*not-for-profit* organisation.
Is it so that when someone hands their £27.50 over to CTUK for an hour
long lesson they can be confident that the instructor is making the
money not the organisation? Unfortunately not. CTUK instructors are
paid £12 per hour.
You are not familiar with the difference between gross profit and net
profit then? Where does the money come from to run the organisation, do
the advertising etc etc or do the instructors do everything themselves
for their £12?
I understand all that. I just wonder why they feel the need to
advertise themselves as not-for-profit,
Presumably to indicate they are not 'just another company', for the
'feel good about us factor' etc.
Quoted message said:especially when 50% or so is
taken up in administrative costs. I'd rather see CTUK make a profit
than their advertising and other agencies.
I guess really 'not for profit' is bit of misnomer, I think what is
really meant is not for the profit of shareholders. Any profits they
make presumably being reinvested in the co-op.
Since I've no idea of their cost base, how they apportion the money etc.
ICBA to really speculate on that.
Quoted message said:
I work for a not-for-profit organisation: a state school.
But people know what a state school means on the whole as an
institution, CTUK are presumably trying to differentiate them selves as
an organisation
--
Chris French, Leeds