Resources Being a professional artist involves more than being skilled with paints or clay—you actually become a small business owner! So, where do you begin? By creating a business plan, of course!
Hobby artists create art for the sheer joy of creation. Professional artists enjoy creating art just as much, but they also have the added goal of making money from their art. For many of us hobbyists and professionals alike the ultimate goal is to become self-supporting.
That is, to earn our entire livelihood from art or art-related activities. You need a business plan. What is a business plan? Anyone who is in business needs a business plan. Business plans should be updated annually—usually at the end of the year. In short, a business plan will help direct your energies and efforts toward the things that have been working, as well as help you discover and focus on new opportunities.
The 4 parts of a business plan A good business plan is split into four sections: The business details section starts with an in-depth description of financial details. How much did you earn over the past year? How did you earn it? What were your expenses?
Finish this section by looking forward, instead of back. List any major projects for the coming year, along with how much each project costs and how you plan to pay for it.
These, and hundreds more sample business plans, are included in LivePlan. It's the fastest way to create a business plan for your business. It's the fastest way to create a business plan for your business. Example Business Plan for Artists (pdf) Example Business Plan for Artists (Word doc) The first thing I ask every artist when we start working together is if they have a business plan. Most of the time the answer is no. Why do you need a business plan, you ask? Great question. You will become focused. Artist Business Plan. An artist business is much more than an artist creating art to sell. It takes hard work, dedication, and planning in order to sell art on a consistent basis.
This entire section financial and forward-looking will probably be from pages long. The activities details section describes the actions you took to earn your money. Did you paint or sculpt? Did you attend shows or art festivals or conduct workshops?
Every major activity should be listed and described. This section will vary in length depending on the number of activities you do. Lastly, your summary will wrap everything up. Take the time here to briefly list out your primary goals for the new year.
Your goals should be things you can do and have control of. Completing twelve paintings is something you can control.
Contacting a dozen galleries is within your control. Getting into twelve galleries is not. The summary will probably no more than one or two pages long.Get inspired by one of these sample business plans for custom framing, custom quilts, tattoos, art school, stained glass classes, interior design, and other art related businesses.
These, and hundreds more sample business plans, are included in LivePlan. As an artist, you probably never put much thought into creating a business plan, but having a well-thought out artist business plan can be the difference between success and struggle as an art .
Are you about starting a makeup artist studio?
If YES, here is a complete sample makeup artist business plan template and feasibility report you can use FREE. urbanagricultureinitiative.com Cory Huff Business Plan for Artists Mission Statement [ALSO KNOWN AS YOUR UNIQUE SELLING PROPOSITION – WHAT MAKES YOU UNIQUE?] I help artists dispel the starving artist myth.
[examples I've seen from other artists: I paint people's dreams (Eleatta Diver). Business-Plans-for-Artists (pdf) Business-Plans-for-Artists (Word doc) The first thing I ask every artist when we start working together is if they have a business plan.
Most of the time the answer is no. Why do you need a business plan, you ask? Great question. You will become focused. Creating your art business plan is one of the most empowering steps you can take to insure your art career success.
In this article I show you how.