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The essential guide to business for artists & designers PDF

345 Pages·2017·18.463 MB·English
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The Essential Guide to Business for Artists and Designers 1 2 The Essential Guide to Business for Artists and Designers 2nd edition Alison Branagan Bloomsbury Academic An imprint of Bloomsbury Publishing Plc LONDON • OXFORD • NEW YORK • NEW DELHI • SYDNEY 3 Bloomsbury Academic An imprint of Bloomsbury Publishing Plc 50 Bedford Square 1385 Broadway London New York WC1B 3DP NY 10018 UK USA www.bloomsbury.com BLOOMSBURY and the Diana logo are trademarks of Bloomsbury Publishing Plc First edition published in 2011 This edition published in 2017 © Alison Branagan, 2011, 2017 Alison Branagan has asserted her right under the Copyright, Designs and Patents Act, 1988, to be identified as Author of this work. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage or retrieval system, without prior permission in writing from the publishers. No responsibility for loss caused to any individual or organization acting on or refraining from action as a result of the material in this publication can be accepted by Bloomsbury or the Author. Every reasonable effort has been made to trace copyright holders and to obtain their written permission for the use of copyright material. The Author and Publishers apologize for any errors or omissions in the copyright acknowledgements contained in this book, and would be grateful if notified of any corrections that should be incorporated in future reprints or editions of this book. Please note content in regard to self-employment, legal matters and taxation is correct at the time of print. Due to the UK exiting the European Union in 2016, if an EU or non-EU citizen is reading this book beyond January 2019, please use the links provided to check for any revisions to the right to trade in England and its devolved powers: Scotland, Wales and Northern Ireland. British Library Cataloguing-in-Publication Data Names: Branagan, Alison, author. Title: The essential guides to business for artists and designers / Alison Branagan. Description: Second edition. | London ; New York : Bloomsbury Academic, an imprint of Bloomsbury Publishing Plc, 2017. | Includes bibliographical references and index. Identifiers: LCCN 2016025278| ISBN 9781474250559 (paperback) | ISBN 9781474250566 (ePDF) | ISBN 9781474250573 (ePub) Subjects: LCSH: Art--Vocational guidance. | New business enterprises--Management. | BISAC: ART / Business Aspects. | BUSINESS & ECONOMICS / Small Business. Classification: LCC N8350 .B67 2017 | DDC 707--dc23 LC record available at https://lccn.loc.gov/2016025278 ISBN: PB: 978-1-4742-5055-9 ePDF: 978-1-4742-5056-6 ePub: 978-1-4742-5057-3 Library of Congress Cataloging-in-Publication Data A catalog record for this book is available from the Library of Congress. Typeset in 9.5 on 14pt FS Me Regular Designed by Susan McIntyre Illustrations © Tim Bradford 2011, 2016 www.timbradford.co.uk Cover design: Irene Martinez Costa Cover image © Tumanyan/Shutterstock Typeset by Saxon Graphics Ltd, Derby 4 Contents Foreword 6 Acknowledgements 7 Introduction 9 1. Making creativity pay 15 2. How to make a living 30 3. Overview of business start-up 45 4. Money management 65 5. Business planning 93 6. Building networks 111 7. Self-promotion 130 8. Funding and sponsorship 155 9. Creative crimes 172 10. Confidence and negotiation tactics 205 11. Records, tax and basic bookkeeping 222 12. Websites, blogs and social media 250 13. Innovation and future trends 267 14. Ideas for growth 281 Appendix 1: Business knowledge exercises 300 Appendix 2: Answers to the costing and pricing quiz in Chapter 4 309 Glossary 313 Useful organisations 326 Quotation credits 335 Index 338 5 Foreword In 1966 I started at the Royal College of Art, London. At that point my ambition was to become an artist. By my second year of study I had gravitated towards industrial design, and by the third I was developing a landing craft for Rotork, an engineering company. Since then I’ve worked as an engineer, making things that solve problems. Although I’m not a businessman (actually I’m not entirely sure what a businessman is), I’ve had to learn the skills to run a company by necessity. I’ve discovered that much of it is actually common sense – there is certainly no need for a suit and briefcase! Today I have an expert team helping me run the business, so I can spend more time developing our new technology. But when I first started out with the Ballbarrow, and then the vacuum cleaner, I didn’t have the luxury of such support. I learned by doing – the best way to learn. Whether that was developing an idea through an iterative process, trying my hand at sales, or working out how to fund the manufacture of my machines. Despite the years of uncertainty and financial worries, going it alone was the right thing to do. I’d encourage anyone with a good idea to do the same and to put your skills as artists and designers to good use. It will be hard, but just knowing where to start helps: whether it’s securing a loan, promoting a show, or filing a patent. In the years since this book was first published, the world has changed. It is more connected, technology has moved at pace, there is more competition and, I’m afraid, there is more copying. For business, design and engineering that brings tremendous opportunities but also new threats. It is imperative to cut through the clatter and jargon of business, and remain steadfast in realising your idea. That’s what we try to do every day at Dyson and I challenge you to do the same. Sir James Dyson 6 Acknowledgements Firstly, I wish to acknowledge the pioneering work of David Butler and the Artists Information Company in raising awareness of business skills within the visual arts sector. I would like to thank my commissioning editor Linda Lambert for commissioning this book, and also to give credit to the photographers Karl Grupe, Warren King, Tas Kyprianou, Silvia Lozza, Mark Nolan, John Sturrock, Jamie Trounce, Ursula Underhill and Yeshen Venema for their huge contributions to this project. Special thanks go to consultants Jenny Bloy, Alison Britton, Trevor Burgess, Karl Grupe, John Foster, Alana Pryce, Tony Laws, MediVisas UK LLP, Harley Miller, Davida Saunders, Molly Beck, Ariadne Godwin, Frances Arnold, Clara Herberg, Nigel Rees ‘Quote Unquote’, Silverman Sherliker LLP, Rebecca Skeels, David Stubbs, Peter Town, Damien Borowik, and Alana Biviano of BVN Creative. Kind thanks also to Robert Gallagher and Joan Branagan. Further, most valued contributions came from Caterina Izzo, Riikka Puustinen and Matthew Machin, plus photographs kindly donated by The Freelancer Club, Crafty Fox Market, The Goldsmiths’ Centre and Company, Cockpit Arts, Central Saint Martins and Dyson. Further acknowledgement must go to Kensington and Chelsea College, City University, Central Saint Martins College of Art and Design, and the Association of Illustrators, for giving me the opportunity to teach creative business and enterprise courses. Finally, I am indebted to John Naylor for his advice and consistent support. 7 8 Introduction ‘After Beyond the Fringe had been on Broadway, my father asked if I knew what I really wanted to do … In a sense I still don’t.’ Jonathan Miller (1934–), artist, writer and director Welcome to the second edition of The Essential Guide to Business for Artists and Designers, which aims to help any artist or designer set themselves up in business, whether as self-employed, as a partnership or as a company. Since the last edition (and its various revisions) the contours of the visual arts and creative industries have significantly changed. To acknowledge this, I have combined the original essential knowledge areas and enterprise skills content with new chapters acknowledging future trends, innovation and growth. I hope that the readers who have recently started a business, or who are in the midst of planning to do so, will find the practical advice outlined in this book helpful. It’s worth bearing in mind this is only a business start-up book. To gain more in-depth knowledge about a particular industry sector, readers should explore the recommended texts and links. Pace of change in today’s business environment Since the financial crash, earning a living from art and design activities has become more uncertain. The commissioning of this second edition is a response to the evolving challenges that are faced by recent arts graduates, as well as those who graduated several years ago. Innovations, especially in regard to digital technologies, have revolutionised the ways in which people interact, consume and trade with one another. 9

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