751, RE: Profit or non-profit Posted by BizConsulting, Tue Feb-06-07 05:24 PM
I commend you for finding a solution to the problem in your community. I have seen a business like you are describing make a huge impact on the lives of the children involved and the surrounding community.
As with all businesses, you need to develop a solid business plan. I would do some in-depth research on the internet to find others who have already developed a similar program in other parts of the country. There is no need to re-invent the wheel if you don't have to. You can learn from the mistakes they made and ask them your profit vs. non-proft question. This will also give you some people to share ideas with as your business grows.
Best of Luck to you on your new venture!
Suzanne www.newbiz-coaching.com Try our QuickStart program for the "Entrepreneur's Handbook"
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