9 Tips to Help You Better Manage Sporadic Cash Flow in Your Art Business
Managing cash flow successfully is one of the greatest challenges for any small business. It is a particularly difficult issue for artists and galleries where sales often spike and dip. Artwork doesn’t tend to sell in regular patterns, and because of the high value of many pieces of artwork, when sales do occur they often cause a real spike in an artist’s or gallery’s income.
This irregular cash flow can cause logistical (and emotional!) problems for those of us in the art business. I would like to share a few things I’ve learned over the years about managing cash flow in the hopes that my experience might help make you a better manager of your cash flow.
Recording: Interview with Gail Levin | Author of Lee Krasner: A Biography
If you haven’t had a chance to read Gail Levin’s book about Lee Krasner, I would highly recommend it. I would like to thank Ms. Levin again for sharing her…
Hot Take: Why Artists Should Focus On Quantity Over Quality
Occasionally, I get into trouble by suggesting something that stirs up controversy among RedDotBlog readers. I suspect this post might put me in a little hot water, but this is…
The Hidden Meaning of Velazquez’s “Las Meninas”
The Painting Diego Velazquez’s “Las Meninas” is one of the world’s most iconic and well-known paintings. Painted in the mid-17th century, the work is a masterful example of the Spanish…
Gallery Shows: The Good, the Bad, and the Ugly
In a recent Art Business Academy Q&A session, we discussed the ins and outs of gallery shows and receptions. I thought I would share some of the key points here,…
Video – Ask a Gallery Owner: How Do I Attract Buyers to My Gallery?
In this week’s session I answer a question from Damon in Delaware: “I have owned my own gallery for about a year and a half now, where I sell my…
Crafting Professional Emails for Better Art Business Communication
As an artist in the digital age, chances are you have to write emails on a regular basis. You might have to use email to approach galleries, maintain current gallery…
4 Critical Steps to Sell More Art
“What do you do?” you’ve been asked many times. “I am an artist” is most likely the response that instantly comes to your lips. You have probably been giving this…
A Sunday Afternoon on the Island of La Grande Jatte – A look at Georges Seurat’s masterpiece and its predecessor
“Art is harmony. Harmony is the analogy of contrary and of similar elements of tone, of color and of line, conditioned by the dominate key, and under the influence of…
Collective Wisdom | The Artists Who Won’t Go Away While I’m Trying to Sell
On RedDotBlog, we’ve often talked about different scenarios in which you might be trying to sell your work. For many of you the opportunity will come at an open studio…