The Profitable Artist: Chapter 5 Questions ( my week )

1. Make a sample cost tree to better examine your costs as an artist.

1. Based off of  your cost tree, look into your future and try to create a general pricing for one to two of your pieces in the senior exhibition.

          a.     For two paintings, ranging from 3’x2’ in size, price could approximate to 300$ a 

               painting. Looking into the cost tree helped me better visualize the time, materials, and                  additional help required to create one project. 

1. Why  is it important to analyze your financial status?

          a.     It is important to analyze your financial status to keep track of development, materials, and                 stay on top of correct pricing for your work. It allows you to better understand your practice and             additional supplemental items that are necessary for its development