In this episode, Jenna Webb talks about the importance of tracking profits in an art business. Is your art business making money and profits at art shows? Of course you're selling art! But when you come home, did you add up the expenses, fees, and time to subtract your from your revenue to understand your profits?

YOU WILL LEARN:

00:00:00 Importance of calculating profits in art businesses

00:01:00 Factors to consider when calculating profits from art shows

00:02:00 Formula for calculating profits

00:03:00 Importance of investing profits in growing the business

00:04:00 Saying yes to opportunities and learning how to sell art

00:05:00  Conversation with a student on using profits to grow the business

00:06:00 Contest for podcast listeners to win prizes 💰

00:07:00 Evaluating expenses and revenue to calculate profit

00:08:00 Benefits of bringing art business online to sustain business

00:09:00 The benefits of bringing your art business online

00:10:00 Importance of evaluating where time is being spent

+PLUS Evaluating motivation for going to art shows and galleries

+PLUS Challenge to put expenses and revenue into a spreadsheet to grow profits

00:11:00 Taking control of life and investing in business growth

00:12:00 Investing in where you want the business to go - Final thoughts and encouragement

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🌈The Artpreneur Academy

✓ If you want to  grow your profits check out Artpreneur Academy. 

✓ I love helping my students. I have a proven roadmap to get you there. 

🌈⬇Learn more about Artpreneur Academy⬇

https://www.jennawebbart.com/artpreneuracademy


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Jenna