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    Business Plan - How to make money in Illustration Part 2

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    • audrey dowling
      audrey dowling last edited by

      Just a quick question to @Lee-White about your last video How to make money in Illustration Part 2.
      If my project was to be a children's books illustrator and also selling fine art originals and prints in fairs etc, should I make 2 separate business plans? or should I combine everything into Audrey Dowling Art with sub-categories?
      Thanks

      website: https://audreydowling.wordpress.com/
      twitter: https://twitter.com/audreydowling
      facebook: https://www.facebook.com/Audrey-Dowling-Artist-Illustrator-498582176906242/timeline/?ref=bookmarks

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      • Nazuba
        Nazuba last edited by

        I think two different business plans would be it. I also remember Lee mention he has different business plans for the two different business he has. But all in all, doing what makes the most sense of your particular situation is probably what you should go for. 🙂

        https://www.dribbble.com/nazuba
        https://www.instagram.com/nazubahere/

        audrey dowling 1 Reply Last reply Reply Quote 1
        • audrey dowling
          audrey dowling @Nazuba last edited by

          thanks @Nazuba
          I must have missed that part 🙂

          website: https://audreydowling.wordpress.com/
          twitter: https://twitter.com/audreydowling
          facebook: https://www.facebook.com/Audrey-Dowling-Artist-Illustrator-498582176906242/timeline/?ref=bookmarks

          Nazuba 1 Reply Last reply Reply Quote 0
          • Nazuba
            Nazuba @audrey dowling last edited by

            @audrey-dowling yeah it IS a lot to take in and render, so I am taking my time. All the best!

            https://www.dribbble.com/nazuba
            https://www.instagram.com/nazubahere/

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            • Lee White
              Lee White SVS Team SVS Instructor Pro SVS OG last edited by

              Hi Audrey,

              Either way would work if you are just doing it for yourself. I like to keep them separate because in my mind they are different businesses even though the product is sort of similar in both. Selling fine art originals has its own costs, structure, customers, locations, etc. I track all my expenses for each side of my business separately so I can know how each is doing. If one of them really starts to fail, I want to know specifically so I can shift to the other, more successful areas. Likewise, if one part starts to really do well, I want to know that too so I can lean into that area a bit more.

              I have three separate areas that I track. Illustration, Art Sales, and Teaching. It has worked well for me keeping those as separate as I can. I do just file one tax return though. It all goes under "Lee White Illustration".

              Let me know if you have more questions. : )

              SVS Faculty Instructor
              www.leewhiteillustration.com

              1 Reply Last reply Reply Quote 5
              • audrey dowling
                audrey dowling last edited by

                that makes perfect sense, thank you Lee
                my career project is very similar to yours, so all your advice help me a lot! 🙂

                website: https://audreydowling.wordpress.com/
                twitter: https://twitter.com/audreydowling
                facebook: https://www.facebook.com/Audrey-Dowling-Artist-Illustrator-498582176906242/timeline/?ref=bookmarks

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                • amberwingart
                  amberwingart last edited by

                  Great question!

                  Facebook Page: http://www.facebook.com/amberwingart
                  Instagram: @savinafranciscoart
                  YouTube: http://www.youtube.com/amberwingart
                  Website: http://www.amberwingart.com
                  SVS Sketchbook: http://forum.svslearn.com/topic/915/savina-s-sketchbook-updated-2-13-16

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