Helping Artists Make A Business Out Of It!
How will you handle your artist finances in this year? Find out how the potential to build wealth is available to everyone, and that includes actors and artists.
Art is no different than any other service and product related business. Some might argue that its creative focus contradicts business. This is certainly untrue. Being a great artist is not enough to make your art a business. Without the right business sense your artistic talent may never exceed the limits of an average hobby.
If you've made a business out of your art, and financing is the only thing stopping you from pushing your business further - consider FastUpFront's business loan alternative based on future credit card sales. This form of working capital for merchants is only available to art businesses that accept credit cards. If your business is not currently processing, then it is advised to setup a merchant account and process payments for at least 3 months before applying for this type of merchant financing. Galleries, art shop, art supply shops and other retail art businesses can all benefit from cash advance financing. In addition, suppliers, independent artists, and other art businesses in need of financing but don't qualify as merchants and intend to use financing for business equipment, may qualify for equipment financing through various leasing options. Companies specializing in equipment leasing usually require a variety of documents related to the equipment, tax information, as well as business or personal credit checks.
What if you just don't have the head for business. Not everyone can wear two hats! Consider some outsourcing options to move your art business in the right direction. These days almost every task can be outsourced to local professionals and offshore companies. From marketing materials and sales copy to internet marketing and offline promotion. Beyond some of the advanced business functions, basic accounting, bookkeeping, and legal functions can also be outsourced.
Just don't forget... Business can be creative too!