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 Writing a business budget for your art and creative practice

 Writing a business budget for your art and creative practice

by Vinh Van Lam | Oct 15, 2019 | Business Tips, Cash Flow, Finance

An art business budget is essential in determining break-even projections, cash flow estimates assumed earnings, and setting a goal for retained earnings. It also helps an artist focus on the essential numbers and develop a picture of what the business will look like...
What is “OPIC Cash?”

What is “OPIC Cash?”

by Vinh Van Lam | Dec 10, 2018 | Business Tips, Cash Flow, Finance, OPIC Business Model

Artist: Winne Dougall         Artwork: Folk Flora Medallion     License This artwork How do you ensure your Business LifeStyle operates entirely for the purpose of providing you with a profit so you can live the lifestyle you always want to live. Successful business...
Breaking into the “Millionaire Mindset”

Breaking into the “Millionaire Mindset”

by Vinh Van Lam | Dec 10, 2018 | Art Licensing tips, Art Pick, Business Tips, Cash Flow, Mindset

Artist: Mable Tan         Artwork: Vintage Comos      License This artwork Most people dismiss teachings that advocate making money as nothing but hype. So why do others who adopt these principals successful, wealthy and happy? We each have a blueprint to financial...
Here’s a Cash Flow idea to see your Art & Design Practice prosper & grow.

Here’s a Cash Flow idea to see your Art & Design Practice prosper & grow.

by Vinh Van Lam | Oct 11, 2018 | Art Licensing tips, Art Pick, Business Tips, Cash Flow, Finance

Artist: Sami Sparrow       Artwork: Saturn’s Moons          License This artwork Have you heard the phrase “a starving artist”? Isn’t the notion of the starving artist such a cliche? Yet why does it persist? Why do we have the expectation that artists must “suffer for...
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