• Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
      • L1 Visa Business Plan
      • E1 Treaty Trader Visa Business Plan
      • E2 Treaty Investor Visa Business Plan
      • EB-1 Business Plan
      • EB-2 NIW Business Plan
      • EB-5 Business Plan
      • Innovator Visa Business Plan
      • UK Start-Up Visa Business Plan
      • Manitoba MPNP Visa Business Plan
      • Start-Up Visa Business Plan
      • Nova Scotia NSNP Visa Business Plan
      • British Columbia BC PNP Visa Business Plan
      • Self-Employed Visa Business Plan
      • OINP Entrepreneur Stream Business Plan
      • LMIA Owner Operator Business Plan
      • ICT Work Permit Business Plan
      • LMIA Mobility Program – C11 Entrepreneur Business Plan
      • USMCA (ex-NAFTA) Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    • Other Business Plans
      • Cannabis business plan
      • Ecommerce business plan
      • Online boutique business plan
      • Mobile application business plan
      • Daycare business plan
      • Restaurant business plan
      • Food delivery business plan
      • Real estate business plan
  • Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO whitepaper
    • ICO consulting services
    • Confidential Information Memorandum
    • Private Placement Memorandum
    • Feasibility study
  • How it works
  • About us
  • Business Plan
    Examples
  • Contact Us
+1-619-7275304
Need a business plan? Call now:+1-619-7275304
Talk to our experts:
  • Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
      • L1 Visa Business Plan
      • E1 Treaty Trader Visa Business Plan
      • E2 Treaty Investor Visa Business Plan
      • EB-1 Business Plan
      • EB-2 NIW Business Plan
      • EB-5 Business Plan
      • Innovator Visa Business Plan
      • UK Start-Up Visa Business Plan
      • Manitoba MPNP Visa Business Plan
      • Start-Up Visa Business Plan
      • Nova Scotia NSNP Visa Business Plan
      • British Columbia BC PNP Visa Business Plan
      • Self-Employed Visa Business Plan
      • OINP Entrepreneur Stream Business Plan
      • LMIA Owner Operator Business Plan
      • ICT Work Permit Business Plan
      • LMIA Mobility Program – C11 Entrepreneur Business Plan
      • USMCA (ex-NAFTA) Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    • Other Business Plans
      • Cannabis business plan
      • Ecommerce business plan
      • Online boutique business plan
      • Mobile application business plan
      • Daycare business plan
      • Restaurant business plan
      • Food delivery business plan
      • Real estate business plan
  • Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO whitepaper
    • ICO consulting services
    • Confidential Information Memorandum
    • Private Placement Memorandum
    • Feasibility study
  • How it works
  • About us
  • Business Plan
    Examples
  • Contact Us
Place the order
logo logo
Menu
CALL NOW:+1-619-7275304
  1. HOME
  2. Blog
  3. Artists Business Plan Template

NOV.10, 2021

Artists Business Plan Template

(2 votes, average: 5.00 out of 5)
Loading...
Article Business Plan Templates Entertainment & Recreation Business Plans
artist business plan

Share:

Table of Content

    Artist business plan for starting your own business

    In today’s world, an artist is a creative entrepreneur who is a self-employed business owner and uses his skill to earn a decent living. A professional artist is someone who knows how to make an impact with his work and make a living out of it. In case you want to make a business out of your art, a well-thought artist business plan can make a huge difference towards your success.

    Whether you want music festival business plan, internet radio business plan, business plan for music industry, business plan for movie theater, karaoke business plan, or night club business plan, this model of business plan will help you in writing a well thought business plan to start a successful business.

    If you want to know how to write a business plan for an artist, or you are looking for business plan for artists, you can continue to read as we will write down all the important points required in a good business plan for investors.

    Executive Summary

    2.1 The Business

    In all the business plan examples for artists, the first thing you need to mention is the introduction of your business.

    Start your Business Plan Now
    Start My Business Plan
    Start your Business Plan Now

    PixelCo will be a registered, licensed and insured art design business based in the Miami, Florida. This business will strive to cultivate meaningful and relevant connections between people and brands through our art designing services and unparalleled visuals.

    2.2 Management of Artist Business

    The success of any business heavily depends on its management and staff. That is why in your business plans for artists, make sure to plan everything in advance.

    The management body of the company will include art artists, sales executives, animation and cartoon specialists, customer representatives and website developers. The team will be managed by the owner who will look into every matter himself.

    Like in every artist business plan sample, you need to provide detail about the management. The staff will be hired one month before the launch of the company and will be trained by the owner.

    2.3 Customers of Artist Business

    At PixelCo, our customers will include following

    • Insurance Companies and banks
    • Hotels
    • Sport Organizations
    • Political parties
    • Television Stations
    • Real Estate Owners, Contractors and Developers
    • Advertising agencies
    • Entrepreneurs
    • Start-Ups
    • Schools

    Similar to a mobile app business plan, mentioning all the customers are required to make a strong business plan.

    2.4 Business Target

    Our primary goal is to become the best art design company in Miami within the next 6 years of our startup. We aim to provide the best and reasonable services to our customers. The main business targets that we want to achieve as milestones over the next four years are as follows:

    • To cover the investment by the end of the first year
    • To expand our company and open up two to three company offices by the end of 5th year
    • To raise at least $10 monthly revenue by the end of the first year

    Artist Business Plan - 3 Years Profit Forecast

    Franchise Business Plan
    Helps the franchisee get business case approval from the franchisor

    Company Summary

    3.1 Company Owner

    PixelCo will be owned by Julie Mark, a renewed art designer. She has completed her Masters of Art in art design from the University of London. After completing her degree, she worked with some leading digital marketing companies as a art designer. After gaining all the knowledge about how to start a small art business, she decided to start her own business.

    3.2 Why the Artist Business is being started?

    Julie continued to work as a art designer in some of the biggest art designer companies in the US. But soon she realized that she can start her own business and can establish her name in the art designing industry.

    That is why she decided to start PixelCo completely by herself. Similar to writing a business plan for makeup artist, it is important to write down why and how the business will be started when writing a business plan for artist.

    3.3 How the Artist Business will be started?

    In business plan artist, you need to mention all the necessary steps to start a business. To start a art designing business, you do not need much investment as needed in other startups.

    Julie has planned everything for her business including the required inventory and personnel.

    Office Space

    To start an art designing business on a small scale, you need a small set-up, and for that, a small space will be enough.

    Office furniture

    Next, to set up the space, you will need office furniture including filing cabinets, couches, chairs and work desks. You will also need some decent furniture for meeting rooms and waiting rooms.

    Software

    Note

    The next and important thing is to buy all the art designing and other related software to start the work. These include Freehand, Illustrator, Photoshop, Quark and Microsoft project.

    Internet Connection

    You will need a strong internet connection to carry out the work without any distortion.

    Start-up Expenses

    When we talk about the expenses to open a art designing company, these include consultant fees, insurance, rent for the space, laptops and computers for the employees and interior expenses.

    Start-up Expenses  
    Legal $258,000
    Consultants $0
    Insurance $21,000
    Rent $22,000
    Research and Development $23,000
    Expensed Equipment $52,000
    Signs $4,000
    TOTAL START-UP EXPENSES $380,000
    Start-up Assets $343,000
    Cash Required $306,000
    Start-up Inventory $37,000
    Other Current Assets $227,000
    Long-term Assets $291,000
    TOTAL ASSETS $1,204,000
    Total Requirements $1,584,000
    START-UP FUNDING
    Start-up Expenses to Fund $380,000
    Start-up Assets to Fund $1,204,000
    TOTAL FUNDING REQUIRED $1,584,000
    Assets
    Non-cash Assets from Start-up $1,584,000
    Cash Requirements from Start-up $317,000
    Additional Cash Raised $50,000
    Cash Balance on Starting Date $35,000
    TOTAL ASSETS $1,986,000
    Liabilities and Capital
    Liabilities $21,000
    Current Borrowing $0
    Long-term Liabilities $0
    Accounts Payable (Outstanding Bills) $45,000
    Other Current Liabilities (interest-free) $0
    TOTAL LIABILITIES $66,000
    Capital
    Planned Investment $1,584,000
    Investor 1 $0
    Investor 2 $0
    Other $0
    Additional Investment Requirement $0
    TOTAL PLANNED INVESTMENT $1,584,000
    Loss at Start-up (Start-up Expenses) $336,000
    TOTAL CAPITAL $1,920,000
    TOTAL CAPITAL AND LIABILITIES $1,986,000
    Total Funding $1,584,000

    Artist Business Plan - Startup Cost

    Any questions? Get in Touch!

    Services

    In this business plan for artist management company , you need to mention the services your company will provide. This is an extremely important part of any business plan for artist.

    PixelCo will provide art designing services and visual communication services to small as well as established companies. We aim to compete with all the leading art designing companies in the US. As can be seen in our business plan template for artists, we will provide the following services:

    Digital Designs

    We will provide digital designs including logos, websites, and all kinds of arts to our clients. We will also provide cartoons and animations as per our customer’s requirements.

    Hard Decorations

    We will also provide hard form decorations, art pieces, and custom-themed paintings.

    Print Designs

    In addition to digital designs, we will also provide print media designs including books, magazines and newspapers.

    Advertisements

    We will also provide advertising services and corporate branding that will include infoarts, brochures, product packaging, and posters.

    Marketing Analysis of Artist Business

    Marc Jacobs
    TrustPilot

    Great service

    Great service. Good turnaround time and quality work.
    Thanks!

    ∙ Marc Jacobs

    Similar to business plan for music artist, marketing analysis is an important component in abusiness plan for artists pdf. That is why Julie got the services of marketing experts to help her through this important phase. In anny artist development plan, the importance of this part cannot be ignored.

    To start a successful business for artists, you need to do an accurate marketing analysis, as the planning and execution of many other components depend on it. It also serves as the basis of your business strategy.

    5.1 Market Trends

    The trend in the art designing industry is that the market keeps expanding with time. Anything that cannot be done verbally needs to be put into some design to communicate or to send the message. If we look around, we are surrounded by arts.

    From your coffee mug to the magazine cover, the ads on the TV all are applications of art designing. These are the reasons why the art designing industry is growing fast and is one of the biggest and fastest-growing companies in the world.

    In 2017, around 335,000 art design companies were working all over the world. These include both small and large companies and people working as freelancers. The art design business is popular because all other businesses require their services to appear professional and to reach out to people.

    5.2 Marketing Segmentation

    Market segmentation is another important part of the sample regarding how to manage an artist pdf available online. All top performing artist marketing plan example templates include the detail about marketing segmentation for art design business.

    The target market for PixelCo will be the corporate sector located in the US. According to research, the US houses more than 500,000 businesses which include both local, multinational and national businesses. These businesses have revenue in millions of dollars each year. It makes it easy for them to spend a lot of money on their art designing needs to promote their brands and to reach out to people.

    To develop a good marketing strategy and to run a business seamlessly, it is important to analyze the market segmentation. An efficient and successful marketing strategy can only be developed after knowing the potential customers of any business. The market segmentation for PixelCo will be as follows:

    Artist Business Plan - Marketing Segmentation

    Market Analysis
    Potential Customers Growth Year 1 Year 2 Year 3 Year 4 Year 5 CAGR
    Corporate Sector 40% 25,000 23,000 24,000 26,000 29,000 10.00%
    Institutions & Organizations 31% 32,000 35,000 35,000 37,000 39,000 10.00%
    Print Companies 29% 24,000 25,000 29,000 38,000 41,000 10.00%
    Total 100% 81,000 83,000 88,000 101,000 109,000 10%

    UK Start-Up Visa Business Plan

    Corporate sector

    One of the biggest consumers of PixelCo will be the corporate sector located in Florida. These include local, national and multinational businesses that need art designing services to expand their business. These companies include product manufacturers, real estate owners, distributors, developers, banks, hotels, IT firms, software houses and advertising agencies. These companies will need our services to update their brand logos, make advertisements and manage their websites and social media pages.

    Institutes and Organizations

    Our next target group consists of organizations and institutions located in Florida. These include public and government sectors such as schools, universities and colleges, sports organizations, political parties, non-profit and religious organizations.

    Print Companies

    Our third and important target group will be digital media and print companies. These will include publication companies, video production companies and television studios. Due to its nature, this target group is one of the biggest consumers of artist and designing services.

    5.3 Business Target

    Our primary goal is to balance the cost of investment in the first two years of our launch. Our secondary goal is to become the best art design company in Florida within few years.

    5.4 Product Pricing

    When writing a marketing plan artist, the pricing is extremely crucial. The service and product pricing should be determined with great care. We have considered the market demands, and have priced all our services in a comparable range with other companies. All of our prices are similar to other companies except for logo making prices which are 30 percent less than other companies to promote sales.

    Marketing Strategy for Artist Business

    PixelCo will make sure that we meet the clients’ expectations and deliver the service as per their requirements. Any good independent artist business plan like this business plan for artist example pdf should have a clearly defined marketing strategy.

    Our goal is to achieve a 15% increase in website traffic every month and we will work to turn 70% of the visitors into our consumers. We will also work on increasing the engagement rates. Engagement rates show the frequency at which visitors interact with the post. We aim to increase our social media following so we can reach out to maximum people.

    Any questions? Get in Touch

    6.1 Competitive Analysis

    To survive in artist and design industry, you have to be very creative and should have innovative ideas regarding designs. Only then you can survive and grow.

    PixelCo has a team of dedicated and hard-working professionals. All of the staff is highly trained and has excellent qualifications. Our biggest competitive advantage is the leadership of our owner Julie, who has worked in world-renowned companies.

    6.2 Sales Strategy

    Julie has carried out a detailed analysis and along with her team, and came up with excellent ideas to advertise her company.

    • We will reach out to people by advertising our company by using social media platforms, newspapers, magazines and TV stations.
    • In the first three months of our launch, we will offer a 20% discount on our all services
    • We will offer a 30% discount on all of our services on customer’s referral.
    • We will send introductory letters and brochures to other organizations.

    6.3 Sales Monthly

    Artist Business Plan - Sales Monthly

    6.4 Sales Yearly

    Artist Business Plan - Sales Yearly

    6.5 Sales Forecast

    Sales Forecast      
    Unit Sales Year 1 Year 2 Year 3
    Digital Designs 2,000 2,120 2,247
    Hard Decorations 1,200 1,272 1,348
    Print Designs 3,200 3,392 3,596
    Advertisements 4,000 4,240 4,494
    TOTAL UNIT SALES 10,400 11,024 11,685
    Unit Prices Year 1 Year 2 Year 3
    Digital Designs $50.00 $58.00 $67.28
    Hard Decorations $100.00 $116.00 $134.56
    Print Designs $75.00 $87.00 $100.92
    Advertisements $50.00 $58.00 $67.28
    Sales
    Digital Designs $100,000.00 $122,960.00 $151,191.62
    Hard Decorations $120,000.00 $147,552.00 $181,429.94
    Print Designs $240,000.00 $295,104.00 $362,859.88
    Advertisements $200,000.00 $245,920.00 $302,383.23
    TOTAL SALES $660,000.00 $811,536.00 $997,864.67
    Direct Unit Costs Year 1 Year 2 Year 3
    Digital Designs $20.00 $27.00 $30.00
    Hard Decorations $70.00 $72.00 $83.00
    Print Designs $35.00 $36.00 $38.00
    Advertisements $20.00 $22.00 $24.00
    Direct Cost of Sales
    Digital Designs $40,000.00 $57,240.00 $67,416.00
    Hard Decorations $84,000.00 $91,584.00 $111,910.56
    Print Designs $112,000.00 $122,112.00 $136,629.76
    Advertisements $80,000.00 $93,280.00 $107,865.60
    Subtotal Direct Cost of Sales $316,000.00 $364,216.00 $423,821.92

    Artist Business Plan - Unit Sales

    Personnel plan

    In an artist business plan or artist development plan, personnel plan is important as it provides an idea of personnel cost. If the staff is not loyal to the company, the company cannot make progress. It is difficult to estimate the type and number of staff needed to start a business until a business is launched. So to get through this step, it is important to take the advice of HR experts.

    Any questions? Get in Touch

    7.1  Company Staff

    The following people will be needed to run PixelCo. Also, note that Julie Mark will be the owner and CEO of PixelCo business. The list of staff is as follows

    • 1 operation manager
    • 1 social media marketing manager
    • 3 sales executive
    • 2 animation and cartoon specialists
    • 5 website developers
    • 3 customer representatives
    • 1 reception clerk
    • 1 accountant

    7.2  Average Salary of Employees

     Personnel Plan      
    Year 1 Year 2 Year 3
    Operations Manager $14,000 $15,400 $16,940
    Marketing Manager $15,000 $16,500 $18,150
    Sales Executives $22,000 $24,200 $26,620
    Animation and Cartoon Specialists $30,000 $33,000 $36,300
    Website Developers $15,000 $16,500 $18,150
    Customer Representatives $16,000 $17,600 $19,360
    Reception clerk $7,000 $7,700 $8,470
    Accountant $10,000 $11,000 $12,100
    Total Salaries $129,000 $141,900 $156,090

    Financial Plan

    When writing a business plan for artist, a financial plan is the next important thing after personnel plan. Any good business plan for artists clearly lists all costs, such as the cost of startup, payroll, inventory, utilities and equipment.

    The major expense/ costs include:

    • The interior design of the office
    • Office space rent
    • Cost of inventory – furniture, chairs, tables and laptops
    • Salary of employees
    • Bonds, securities, registration costs, and insurance
    • Cost of buying software

     

    8.1 Important Assumptions

    General Assumptions
    Year 1 Year 2 Year 3
    Plan Month 1 2 3
    Current Interest Rate 8.12% 8.15% 8.24%
    Long-term Interest Rate 8.37% 8.46% 8.49%
    Tax Rate 24.01% 25.10% 26.30%
    Other 0 0 0

    8.2 Break-even Analysis

    Artist Business Plan - Break-even Analysis

    Break-Even Analysis
    Monthly Units Break-even 5340
    Monthly Revenue Break-even $131,500
    Assumptions:
    Average Per-Unit Revenue $232.00
    Average Per-Unit Variable Cost $0.65
    Estimated Monthly Fixed Cost $163,400
    Any questions? Get in Touch

    8.3 Projected Profit and Loss

    Pro Forma Profit And Loss
    Year 1 Year 2 Year 3
    Sales $8,360,000 $10,279,456 $12,639,619
    Direct Cost of Sales $8,078,000 $9,637,520 $11,811,283
    Other $0 $0 $0
    TOTAL COST OF SALES $8,078,000 $9,637,520 $11,811,283
    Gross Margin $282,000 $641,936 $828,336
    Gross Margin % 3.37% 6.24% 6.55%
    Expenses
    Payroll $134,000 $147,400 $162,140
    Sales and Marketing and Other Expenses $137,000 $148,000 $156,000
    Depreciation $2,100 $2,200 $2,340
    Leased Equipment $0 $0 $0
    Utilities $3,000 $3,000 $3,100
    Insurance $2,100 $2,100 $2,100
    Rent $3,100 $3,200 $3,400
    Payroll Taxes $31,000 $32,000 $33,000
    Other $0 $0 $0
    Total Operating Expenses $312,300 $337,900 $362,080
    Profit Before Interest and Taxes ($30,300) $304,036 $466,256
    EBITDA ($30,300) $304,036 $466,256
    Interest Expense $0 $0 $0
    Taxes Incurred ($6,060) $60,807 $93,251
    Net Profit ($24,240) $243,229 $373,005
    Net Profit/Sales -0.29% 2.37% 2.95%

    8.3.1 Profit Monthly

    Artist Business Plan - Profit Monthly

    8.3.2 Profit Yearly

    Artist Business Plan - Profit Yearly

    8.3.3 Gross Margin Monthly

    Artist Business Plan - Gross Margin Monthly

    8.3.4 Gross Margin Yearly

    Artist Business Plan - Gross Margin Yearly

    8.4 Projected Cash Flow

    Artist Business Plan - Project Cash Flow

    Pro Forma Cash Flow
    Cash Received Year 1 Year 2 Year 3
    Cash from Operations
    Cash Sales $52,000 $56,160 $60,653
    Cash from Receivables $14,000 $15,120 $16,330
    SUBTOTAL CASH FROM OPERATIONS $66,000 $71,940 $77,695
    Additional Cash Received
    Sales Tax, VAT, HST/GST Received $0 $0 $0
    New Current Borrowing $0 $0 $0
    New Other Liabilities (interest-free) $0 $0 $0
    New Long-term Liabilities $0 $0 $0
    Sales of Other Current Assets $0 $0 $0
    Sales of Long-term Assets $0 $0 $0
    New Investment Received $0 $0 $0
    SUBTOTAL CASH RECEIVED $67,000 $72,000 $78,000
    Expenditures Year 1 Year 2 Year 3
    Expenditures from Operations
    Cash Spending $37,000 $39,000 $41,000
    Bill Payments $26,000 $27,000 $28,000
    SUBTOTAL SPENT ON OPERATIONS $63,000 $66,000 $69,000
    Additional Cash Spent
    Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
    Principal Repayment of Current Borrowing $0 $0 $0
    Other Liabilities Principal Repayment $0 $0 $0
    Long-term Liabilities Principal Repayment $0 $0 $0
    Purchase Other Current Assets $0 $0 $0
    Purchase Long-term Assets $0 $0 $0
    Dividends $0 $0 $0
    SUBTOTAL CASH SPENT $63,000 $68,040 $73,483
    Net Cash Flow $19,000 $21,000 $22,000
    Cash Balance $29,000 $31,000 $33,000

    8.5 Projected Balance Sheet

    Pro Forma Balance Sheet
    Assets Year 1 Year 2 Year 3
    Current Assets
    Cash $275,000 $308,000 $338,800
    Accounts Receivable $25,000 $28,000 $31,472
    Inventory $4,000 $4,480 $4,900
    Other Current Assets $1,000 $1,000 $1,000
    TOTAL CURRENT ASSETS $287,000 $321,440 $361,299
    Long-term Assets
    Long-term Assets $10,000 $10,000 $10,000
    Accumulated Depreciation $20,100 $22,512 $25,326
    TOTAL LONG-TERM ASSETS $24,000 $26,880 $30,240
    TOTAL ASSETS $293,000 $328,160 $369,180
    Liabilities and Capital Year 4 Year 5 Year 6
    Current Liabilities
    Accounts Payable $19,000 $21,280 $23,919
    Current Borrowing $0 $0 $0
    Other Current Liabilities $0 $0 $0
    SUBTOTAL CURRENT LIABILITIES $19,000 $21,280 $23,919
    Long-term Liabilities $0 $0 $0
    TOTAL LIABILITIES $16,700 $18,704 $21,023
    Paid-in Capital $30,000 $30,000 $31,000
    Retained Earnings $53,800 $58,642 $64,506
    Earnings $198,000 $215,820 $237,402
    TOTAL CAPITAL $287,000 $312,830 $344,113
    TOTAL LIABILITIES AND CAPITAL $303,700 $328,160 $369,180
    Net Worth $300,100 $327,109 $359,820

     

    8.6 Business Ratios

    Ratio Analysis
    Year 1 Year 2 Year 3 INDUSTRY PROFILE
    Sales Growth 7.23% 8.01% 8.88% 3.00%
    Percent of Total Assets
    Accounts Receivable 9.20% 10.19% 11.29% 9.80%
    Inventory 5.39% 5.97% 6.62% 9.90%
    Other Current Assets 2.12% 2.35% 2.60% 2.40%
    Total Current Assets 149.00% 152.00% 152.00% 158.00%
    Long-term Assets 11.54% 11.60% 11.64% 12.00%
    TOTAL ASSETS 100.00% 100.00% 100.00% 100.00%
    Current Liabilities 4.87% 4.91% 4.95% 4.34%
    Long-term Liabilities 0.00% 0.00% 0.00% 0.00%
    Total Liabilities 7.56% 7.62% 7.69% 7.38%
    NET WORTH 100.45% 101.25% 102.19% 110.00%
    Percent of Sales
    Sales 100.00% 100.00% 100.00% 100.00%
    Gross Margin 94.90% 97.46% 100.19% 99.00%
    Selling, General & Administrative Expenses 94.00% 96.54% 99.24% 97.80%
    Advertising Expenses 1.52% 1.56% 1.60% 1.40%
    Profit Before Interest and Taxes 41.00% 42.11% 43.29% 33.90%
    Main Ratios
    Current 34 35 36 32
    Quick 32 32.6 33.415 33
    Total Debt to Total Assets 0.18% 0.18% 0.17% 0.40%
    Pre-tax Return on Net Worth 74.00% 74.50% 75.00% 75.00%
    Pre-tax Return on Assets 94.60% 99.33% 104.30% 111.30%
    Additional Ratios Year 1 Year 2 Year 3
    Net Profit Margin 33.01% 34.03% 35.09% N.A.
    Return on Equity 56.00% 57.74% 59.53% N.A.
    Activity Ratios
    Accounts Receivable Turnover 7.7 7.8 7.8 N.A.
    Collection Days 100 100 100 N.A.
    Inventory Turnover 32.4 34.02 33 N.A.
    Accounts Payable Turnover 15 16 16.3 N.A.
    Payment Days 27 27 27 N.A.
    Total Asset Turnover 2.4 2.5 2.6 N.A.
    Debt Ratios
    Debt to Net Worth -0.04 -0.03 -0.04 N.A.
    Current Liab. to Liab. 1 1 1 N.A.
    Liquidity Ratios
    Net Working Capital $239,000 $252,384 $266,518 N.A.
    Interest Coverage 0 0 0 N.A.
    Additional Ratios
    Assets to Sales 0.86 0.87 0.87 N.A.
    Current Debt/Total Assets 1% 0% 0% N.A.
    Acid Test 29.1 29.12 29.16 N.A.
    Sales/Net Worth 2.1 2.2 2.3 N.A.
    Dividend Payout 0 0 0 N.A.
    Any questions? Get in Touch

    FAQ

    1. How can I start my own business as an artist?

    To start a business as an artist, you need to use your skill. Make a business plan for artist and work on it to start your own business. You can easily start it once you have made a good business plan for makeup artist. After that, just follow the steps to start a successful business.

    1. How do I write a business plan for an artist?

    You can use this business plan template for artist to write your own plan.

    1. Is an artist a business?

    Not all entrepreneurs are artists but it is the fact that all artists are entrepreneurs. Being an artist you can polish your skill and then use it to make a living out of it. The business for artists is their skill through which they can earn money.

    1. How much does an art business make?

    The amount of money that an art business can make depends upon the type of art you are selling. For example, if you are a graphic artist, you can make a lot of money as compared to an artist who is just a painter.

    Download Artist Business Plan Template in pdf

    Illustrative business plan samples

    OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

    Ecommerce Business Plan PDF
    Cannabis Business Plan PDF
    Pitch Deck Sport Wear
    Subway Franchise Business Plan
    Maeme’s Franchise Business Plan
    Franchise Business Plan
    E2 Visa Business Plan (USA)
    L1 Visa Business Plan (USA)
    Pitch Deck Marketing Agency
    Lamp Business Plan for Bank Loan
    E1 Visa Business Plan (USA)
    Self-Employed Visa Business Plan (Canada)
    British Columbia BC PNP Visa Business Concept (Canada)
    British Columbia BC PNP Visa Business Plan
    Nova Scotia NSNP Visa Business Plan (Canada)
    Manitoba MPNP Visa Business Plan (Canada)
    Logistics
    Export/Import
    Jazz Bar
    Mobile App
    Taxi
    Hospital
    Real Estate
    Get an OGS Customized Business Plan Get a TS Business Plan Template
    To start a conversation with our team, fill in the form.

    A business plan consultant with relevant expertise will contact you shortly.

    OGS Capital

    OGScapital – Serving you with offices in the USA, the United Kingdom, and Canada.

    phone:

    +1-619-7275304

    email:

    [email protected]

    OGS Capital on Facebook

    Our Business Plans

    Business Plan for Investors

    Bank/SBA Business Plan

    Strategic/Operational Business Plan

    Immigration Business Plan

    ALL BPs
    Our services

    Business Continuity Plan

    Pitch Deck

    Buy Side Due Diligence Services

    ICO whitepaper

    ICO consulting services

    ALL SERVICES

    AUTHOR:

    Jakub Babkins

    Add comment

    Rating

    E-mail is already registered on the site. Please use the Login form or enter another.

    You entered an incorrect username or password

    Sorry that something went wrong, repeat again!

    Comments (0)

    by Newest
    by Best by Newest by Oldest
    To start a conversation with our team, fill in the form.

    A business plan consultant with relevant expertise will contact you shortly.

    See also
    Cannabis Edibles Business Plan
    JAN, 19 ∙ 2023
    Document Storage Business Plan
    DEC, 22 ∙ 2022
    Concierge Service Business Plan
    DEC, 22 ∙ 2022
    Business Plan for an Investment Company
    DEC, 20 ∙ 2022
    Cleaning Products Business Plan
    DEC, 07 ∙ 2022
    How To Write a Sports Agency Business Plan (Template, Sample)
    NOV, 28 ∙ 2022
    How To Write a Renewable Energy Business Plan (Template, Sample)
    NOV, 07 ∙ 2022
    Hardware Retail Franchise Business Plan Sample
    AUG, 09 ∙ 2022
    Uber Business Plan Sample
    JUL, 26 ∙ 2022
    Seminar Business Plan Template
    JUN, 16 ∙ 2022
    Any questions? Get in Touch!
    We have been

    mentioned in the press:

    logo

    Search the site:

    Get Your Free Consultation
    Download Business Plan Samples
    Fill the Form and we will revert to you ASAP
    • Home
    • About us
    • Blog
    • F.A.Q.
    • Contact Us
    Become a partner
    +1-619-7275304 +44-203-3181069 +1-613-6997822 +353-152-66606 +61-385-956735
    Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO consulting services
    • ICO whitepaper

    [email protected]

    © 2023 OGS Capital
    Privacy |
     
    logo

    OGScapital website is not supported for your current browser.
    Please use:

    Firefox Opera Chrome Egde
    Get A Free Consultation!
    [email protected] +1-619-7275304