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Does this fall under non-profit?
I have been overwhelmed since I was a teen(now in my late 20's) with the desire to open a business that would help women. My idea goes something along the lines of this.....I want to open a studio/shop where I provide training for women in the field of fine arts (something that will allow them tho express themselves and something that they will feel proud of after completing, very empowering all around i hope) and we sell the work at the shop, local shows/craft fairs/farmers markets/etc. in order to help boost their income. I would also want the studio/shop to have a daycare section so that the women, and myself can work at ease knowing their children are safe and close by.
Is this a hopeless fantasy? Or is this an actually idea I could turn into a reality? I have a 9-5 pay the bills job...but it sucks the life outta me and I want to do more for myself and others...but I don't know where to start. If anyone has any suggestions, ideas, or constructive criticism, PLEASE comment!!
Thank you for your time.
Probably you are dreaming, yes. I'm a professional artist/designer, and I can tell you that you are going to have a tough time getting any money for amateur work, even after taking your classes. But that's beside the point, really. Non-profit only means that you cannot take the profits of the business for personal gain. You CAN be paid, as an employee, but the profits must go back to the company or to someplace else like a charity. I only have some slight actual experience, but it's a common misconception that non-profit is some sort of mystery. It can be virtually anything, business-wise, but it just needs to be "non-profit". I'll add that it's quite difficult to get non-profit status in the eyes of the powers that be - city, state, IRS. It usually takes about a year to do.1 year ago