Why Online Artists Need Business Banking Separation Now
The digital art economy has exploded, with online artists earning substantial income through platforms like Etsy, Instagram, NFT marketplaces, and direct commission work. However, many digital creators still mix business and personal finances, creating unnecessary complications that become more problematic as income grows.
Finding Financial Peace Through Organized Business Records
Financial anxiety is one of the biggest obstacles creative entrepreneurs face, often stemming not from actual financial problems but from disorganized records that make it impossible to understand your true financial position.
5 Essential Financial Reports Every Gallery Owner Should Review Mid-Year
We're halfway through 2025, and if you're like most gallery owners, you're juggling summer exhibitions, planning fall programming, and maybe wondering how your finances actually look right now. The art world moves fast, but successful business decisions require stepping back from the creative whirlwind to examine the financial foundation that supports everything you do.
Art Fair Season Finances: Budgeting and Tracking Your Exhibition Investments
Art fair season is like the creative world's version of the retail holiday rush – exciting, exhausting, and potentially very profitable if you do it right. But here's what most artists and galleries don't talk about: art fairs can also be massive money drains if you don't approach them strategically.
Beat the Summer Slump: Cash Flow Strategies for Creative Businesses
Summer is here, and if you're in the creative business world, you know what that means: the dreaded summer slump. People are on vacation, art galleries see fewer visitors, online sales might dip, and suddenly your cash flow feels as sluggish as a hot Texas afternoon.
12 Budgeting Strategies Art Galleries Should Consider
As an accountant for art galleries, I've seen firsthand how proper budgeting can make the difference between a thriving gallery and one that struggles to keep its doors open. Let's explore twelve proven budgeting strategies that can help your gallery succeed in today's dynamic art market.
Art Galleries: Your Guide to 1099s
As an accountant for art galleries, I often hear the same question every January: "Do I really need to send 1099s to all my artists?" The short answer is most likely, but with recent changes to third-party payment reporting, it's more complex than ever. Let's break down everything art dealers need to know about handling 1099s correctly.