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Is Your Art Business Making Money and Profits at Art Shows? [Artpreneur mindset shifts for full time artists] Let's chat!
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In this episode, Jenna Webb talks about the importance of tracking profits in an art business. Is your art business making money and profits at art shows? Of course you're selling art! But when you come home, did you add up the expenses, fees, and time to subtract your from your revenue to understand your profits?
YOU WILL LEARN:
00:00:00 Importance of calculating profits in art businesses
00:01:00 Factors to consider when calculating profits from art shows
00:02:00 Formula for calculating profits
00:03:00 Importance of investing profits in growing the business
00:04:00 Saying yes to opportunities and learning how to sell art
00:05:00 Conversation with a student on using profits to grow the business
00:06:00 Contest for podcast listeners to win prizes 💰
00:07:00 Evaluating expenses and revenue to calculate profit
00:08:00 Benefits of bringing art business online to sustain business
00:09:00 The benefits of bringing your art business online
00:10:00 Importance of evaluating where time is being spent
+PLUS Evaluating motivation for going to art shows and galleries
+PLUS Challenge to put expenses and revenue into a spreadsheet to grow profits
00:11:00 Taking control of life and investing in business growth
00:12:00 Investing in where you want the business to go - Final thoughts and encouragement
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🌈The Artpreneur Academy
✓ If you want to grow your profits check out Artpreneur Academy.
✓ I love helping my students. I have a proven roadmap to get you there.
🌈⬇Learn more about Artpreneur Academy⬇
https://www.jennawebbart.com/artpreneuracademy
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Jenna
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