Art Business Plan

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Other skills include learning about artwork dimension.

Since art is highly subjective, a large part of your selection is based on personal taste and intuition.

Contemporary art has become a considerable growth segment as the number of traded artworks increases and this trend is not expected to slow down anytime soon.

The Art Galleries and Museum industry is a thriving sector of the economy of the United States and the industry generates over $9 billion annually from more than 3,561 art galleries and museums scattered all around the United States of America.

Some galleries chose their artists by location, theme, style or trend, to name a few.

For example, some galleries will only show landscape paintings or exhibit artists who live in the same city.

As you acquire the necessary knowledge for running a successful gallery, you will then have the confidence to establish your own art gallery. If your gallery is in a heavily trafficked popular tourist area, you will have great opportunities to sell the work of the local artists.

If your gallery is located in an art center, then you have more chances to gain the attention of the art world cognoscenti. Initial costs include the rental of the space, the necessary equipment for running a business and exhibiting art, and hiring staff.

As with starting up any small business, you must know your market first.

Many art gallery owners began first with a list of potential clients.

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