Shame on us, we don’t have a business plan. Never did and never will have one. We knew what we wanted to accomplish. Banks and loan institutions insist on you having a business plan. All professional people (lawyers, accountants, and the like) will advise you to have one. I didn’t need a loan to get started, but if you are one that does need a loan, start writing. A bank will want to know that you have all of your ducks in a row. This business plan will be put in front of loan and management people without you being present to explain unclear details. So, be very concise in your writings. Get some help with this if you need to. I know I would have to sweet talk the little woman. Maybe promise to do the laundry or something. I don’t understand her demands, I got her a new mop for Christmas.
Here is a little common sense sermon to chew on. Think failure … you will fail. Think success … you will succeed. When you start thinking about this endeavor, get your information from those who have succeeded in a like business. You don’t want advice from a failure. Just ask yourself, what will they teach me? That said, I can now get off of my bully pulpit.
In the later installments I will cover such exciting topics as: wholesale vs. retail, becoming legal, sole proprietorship vs. incorporating, paying your way, pricing structure, art galleries, and many many more to keep you wide awake. These will be common sense plus my very trying experiences with, promoters, governments, retailers, customers, and fellow artists.
It’s still snowing out there. Three feet and still counting.
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-- Odie, Confucius say, "He who laughs at one's self is BUTT of joke". http://woodstermangotwood.blogspot.com/ (my funny blog)