Monday, February 28, 2011

Chapter Six

To become a successful artist, one must be ORGANIZED. Computers can be great…or your worst nightmare depending on how you use it. Technology is expensive but worth it. One important thing this chapter talked about was how you need to keep records of everything you do. If you ship out a piece of art, naming a CD, ect. Keeping records of what goes in and what goes out will save you a major headache down the line. You need a list of inventory and also a works on consignment agreement so if someone tries to involve you in a tax evasion you have the documentation to prove what actually happened.
You also need to decide how you are going to price range your work. There are two different ways, the way you want which will usually be too high. Then there is the retail price which if you’re working with a commercial gallery they will take fifty percent of the whole. Your price will determine within these:
· Rarity
· Cost of materials
· Productivity
· Size
· Permanence
You should always start your price range low. The more people will buy; the more you will get your name out there. Then if your work starts to pick up and get more demanding then you may start to raise the price. Another important thing you need to do is make sure you have a up to date mailing list. For taxes as an artist you will need to do a few things of proof:
· Keep a mailing list
· Save your announcements
· Keep copies of all your cover letters
· File copies and returned copies.

I thought this chapter was a little boring if I do say so; Informational, but boring. No one likes to read about mailing lists and tax information. But you need this information to become a “visual artist.”

1 comment:

  1. Fair enough criticism - tax issues aren't why you came to art school, right? On the other hand, something you will deal with if you have any success...

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