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vg45. Financial Plan. Summer 2015

Financial Plan
The financial situation still remains pretty much the same. So far no sales.
Possible directions I will going in the foreseeable future involve the payment of small fees.  I have been checking out the art resources available to see what to do to upgrade the situation. 

RAAV.Org REGROUPEMENT DES ARTISTES EN ARTS VISUELS DU QUEBEC has increased their membership fee to $120.00. InfoEntrerpreneurs said that they have a legal clinic but there is a fee of $65.00 an hour.  I have also contacted Yes (Montreal Youth employment Services). They have services available for entrepreneurs and artists of all ages but I must attend a workshop first.  Then I can access their legal and counselling clinics if I pay a onetime fee of $30.00.  Finally I noticed that I have a pretty thorough online backup of my photographs with Sony PlayStation but the line that says the name of the photographer is always left blank.  So I will be checking out how much it will cost to have this signed with my name.  This seems to be very important.

I must say that these directions to look into but I am reluctant to work with these small sums of money as there seems to be room for a considerable amount of small payments.  And these start to add up rather fast. The game is to choose sparingly and choose wisely. Also a thing to consider at this stage is that time is also very sparse.  That means that lots of small transactions are perhaps the wrong way to go.  It is better to spend once and to spend large and to have something important done.

So far the lawyer I contacted has given me the most thorough cost/time estimate.  So I will be using this schedule as a guideline for finding and establishing resources such as a librarian and a photo-studio, exhibition space, etc. The lawyer said that I must come to the table with a business plan as well as a list of my blogs so I will be getting these things in order.  It seems that the beginning of the summer quarterly will be refining and creating some documents necessary for an artist.

I will be checking the resources available in the community in case a certain sum of money or support comes in.  I have received a cost/time estimate for legal fees to consolidate my company and I have technically the money to pay.  But it is a large percentage of the money I have saved at this time so I will wait until I have backing and the support to pay it.  I stick true to the model of a lean start-up.  I will spend as little money as possible on the business. And when the money comes in I will spend like crazy.  But to spend like crazy one has to know where the money will go.  And this involves researching the resources available.

Although there is a lot of work to be done in refining my work, priority will be given to getting all the documentation in order in case of sponsorship.  If and when I have a financial backer or I make some money, I will know where it will go and will act immediately


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