How does companies donating profits to charities affect your purchasing?
How much of an influence does it have when a company donates more than 10% percent of profits towards related charities?
I have a company I’m starting and I’d really like to donate 10% at the start of our annual or quarterly profits towards charities related to the demographic. My business partner thinks thats absurd.
I really don’t feel like 10% is much, and besides, I think it’ll help people purchase more, which isn’t my motive, but may help convince my business partner otherwise.
What are your thoughts on this hypothetical scenario?
This question is in the General Section. Responses must be helpful and on-topic.