This could be a great place to start looking at how much your local city has allowed the artist access to. Take for example Los Angeles. According to the Los Angeles Times, a $125,000 painter cost $40,000 to rent and $2,000 a week to maintain; according to the Times a $5,000 canvas, painted in black, cost $2,500 to paint; a three piece set of $4,500 work cost $3,000 per piece with about $400k per week going to maintenance. According to GQ, painting could cost an artist $100,000 per year, but their estimate for a “good artist” is $200,000-$300,000 per year. Some more recent numbers: according to the Bureau of Labor Statistics, a general laborer would take home 50% of the annual compensation of an artist; however the BLS estimate paints a less appealing picture; according to the Federal government, a good painter would earn $150,000 – $200,000 per year. With the recent trend towards artists becoming more independent, I think a good amount of the numbers are more like these average numbers. You can also find a good picture on Gumtree of what some of these average painting artists make, so feel free to browse through that if you’re curious.
Will having an artist on staff reduce costs?
While they might cut expenses by the amount given in the previous question, I doubt it. Having an artist on staff should also serve as a safety net for the artist. They can take an increase in expenses that aren’t included in total costs, like insurance premiums, and still receive a guaranteed income. You can put a lot of people to work quickly so even a small increase in expenses could create a profit for the artist. However, I would rather see the artist have to make more for the same amount of work, and I think this is a bigger threat of loss.
Do you have experience with paint, acrylic, or other forms of painting?
Have you spent any time as an artist, and how did you learn to do the work you do?
There’s a lot of art on social media, so it’s good to look towards YouTube before you ask questions. If you’re a student and know anyone who’s going into the field there could be a lot of valuable tips. There are still good resources out there, like the American Society for Proprietary Embroidery and the National Association of Professional
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