When someone uses their artistic talent as a hobby or for therapy, that is a beautiful thing. Making art is just really good for you. But when art is a hobby, you don’t have to worry at all about the whole business side of it. In fact, just the suggestion of discussing the “business side” of an art career will get a lot of cow-eyed stares from artists. “But I just want to paint and sell my paintings. That’s it. That’s all I want to do”.
“But I just want to paint…”
Okay, brilliant. However, it’s time for that hard talk. Attending to the business side of an art career is like a track and field athlete investing into top notch running shoes. Yes, you can run barefoot but you can go a lot farther with the proper tools (shoes in this case). Without serious thought regarding the business side of an art career, that art career won’t last long. You have to get answers to some very basic questions and then decide which answers will lead to wise practices. Here are some questions I would suggest a “would be professional artist” ask a full time professional artist regarding the business of running an art career:
Where do you have your art supplies?
How do you keep track of inventory so you always have what you need?
How do you keep track of sales tax?
Do you accept credit cards? What’s involved with that?
Let’s handle these questions one at a time. Regarding art supplies…
Gathering art supplies for your particular craft can take a lot of time and expense. I’m a painter, so my advice won’t be worth much to a ceramic artist or wood sculpture. But if you’re a painter, yes, you can go to Michaels or Hobby Lobby, but don’t go before checking for coupons. Always keep your eye out for a sale. Sign up on art suppliers websites and get all those irritating emails that end up in your promotional email folder. But then LOOK AT THEM and use all the coupons you can. You can save big with coupons. As far as websites on line, my favorites and Cheap Joe’s and Jerry’s Artarama, but there are lots of them.
Regarding inventory…we check once a week on our stock. What I don’t want to happen is to run out of something and then have to WAIT to get more back in stock. Some things I order come from California so I could be waiting several days. For all the main things I use, I always have a duplicate in my studio. When I am done with one paint brush and toss it, I have another just like it and A) begin using it and then immediately (B) order another so I always, always have the next one waiting for me. Think ahead.
Regarding keeping track of sales, we use Quickbooks. And by “we”, I mean my wife Joy uses Quickbooks. We’d be in jail by now if my financial status depended on my math skills. Quickbooks is great because each quarter when it’s time to do sales tax, we just give the files to our accountant and BAM! They do their accounting magic and then tell us what we owe the state of North Carolina.
And lastly, regarding accepting credit cards…Absolutely yes. Hardly anyone uses checks anymore, so I try to make selling artwork as easy as I can for a potential client. There are many, many options for you when you want to enable your clients to use a credit card for a sale. Right now, we use Card Point, but you can use Square and many other credit card readers. Just do some research and ask questions at your favorite stores. Questions like, “How do you like using Square?” or “What credit card software do you use, and how do you like it?” You can also just go the easy route and use PayPal. You can log onto PayPal, write up an invoice, email it to your client and then they pay you all on line through PayPal. That works when you’re making a sale and can your your computer (even if you don’t have a credit card reader) but if you’re selling to someone on the spot, you’d want Square or an alternative.
Sometimes, important things to know are boring. Sorry. This is all info you need to think about though if you want to run full speed into the world of being a full time artist. Good luck!
