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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...
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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