The Business Of Being An Artist Painting For Profit

painting for profit

Being An Artist Or Painting For Profit

The business of being an artist and painting for profit is an odd one. You would not normally associate the two. I hope you find the pointers or suggestions made here useful.  After all, you do want to sell your artworks. Running your craft as a business should only take up a small portion of your time. But you must be dedicated to it.

Planning Your Art Business

A business plan is usually developed to raise cash for the venture. Perhaps by a bank loan or some other lending institution. Artists find this type of cash subsidy hard to obtain. I would never recommend borrowing money anyway.

Painting For Profit

Can you create or use more than one outlet or method to sell your art?

Look at your biggest competitor and ask yourself if you can utilize some of their methods.

Analyse your competitor as much as possible and identify what is wrong or right with their techniques for selling

Can you give some sort of added value to your art?

What will you sell? Completed art, commissioned art, or both?

Work out your start up costs right down to the last dollar. That is, be realistic in your calculations.

Where do you plan your business to be in 10 years?

Back to costs. Where will you get the money?

Work out an estimate of what you realistically expect to make over the year to come.

Will you need to register for GST?

  • The Vale Acrylic Painting

    The Vale Acrylic Painting

    $320.00

    The Vale Acrylic Painting

    $320.00

    The Vale Acrylic Painting

    The Vale acrylic painting is painted on stretched canvas. The river has picked up speed as it approaches the cliff edge where it disappears into a deep valley. The word “vale” is a romanticised version of “valley”.

    Buy Make an Offer or Lay-by now (see terms)

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  • Acrylic Art Uluru

    Acrylic Artwork Uluru (Ayers Rock)

    $299.00

    Acrylic Artwork Uluru (Ayers Rock)

    $299.00

    Acrylic Artwork Uluru (Ayers Rock)

    Acrylic Artwork Uluru, once known as Ayers Rock, still magnificent no matter what you call it.

    Surely the most famous monolith in the world, Uluru, Ayers Rock was its former name.

    I have done this in acrylics using brushes and other tools on stretched canvas.

    The actual painting size is 60 x 30cm

     

    by Chris

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  • armageddon

    Armageddon Abstract Art

    $295.00

    Armageddon Abstract Art

    $295.00

    Abstract Art in the Expressionistic style. As the comet blasts it’s a way through the city, the buildings come toppling down against each other like dominoes.

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  • Farm drain

    Farm Drain

    $129.00

    Farm Drain

    $129.00

    Farm Drain

    These farm drains are used in Western Australia on farms for the rare times when the rainfall exceeds what is needed

    Painted in acrylics on stretched canvas

    40 x 30cm

    Ready to hang or can be framed

    Browse all art

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  • Farm Hut

    Farm Hut

    $129.00

    Farm Hut

    $129.00

    Farm Hut

    This is an old farm hut where transient workers stay during picking season. Accommodation is very basic for these people. You cant see the outside dunny round the back

    Painted in acrylics on stretched canvas

    40 x 30cm

    Ready to hang or can be framed

    Browse All Art

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  • Popular Fishing Spots

    Waiting For A Bite

    $125.00

    Waiting For A Bite

    $125.00

    Waiting For A Bite

    A boy fishes at his local jetty hoping to catch a big fish at last

    Painted in acrylics on stretched canvas

    50 x 40cm

    Ready to hang or can be framed

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Skills for running your business

Keep your goals firm. Do not be tempted to set them higher just because it looks nice to have a raging success in the first year.

You do not need to be a whizz at numbers to succeed, basic arithmetic is obviously important as you will need to plan a budget or at least keep track of your cash flow.

Be organized. You take your art seriously, so treat your business the same way.

Marketing

Write yourself an artists statement. Tell people what inspires you or what your art is meant to convey or which feelings it should evoke.

When photographing your art for sale, use the best quality camera you can, avoid distracting backgrounds or reflections or shadows on the artwork.

Make sure your photo is focused properly! If it is blurry it will appear to prospective buyers that you just do not care.

If you have hired a photographer to take pro images, make sure that he has signed over the copyright of the photo to you. That prevents him from using the image for his own purposes.

Lastly, keep an archive of work you have sold.

Click here to browse my art for sale

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