As artists, we love to lose ourselves and spend hours creating masterpieces. It is our passion, and we want nothing more than to do it every day. An even more exciting goal is to turn your creative passion into a successful business. It may not seem easy, but with the proper plan, you can make your dream a reality. Here at My Sketch Journal, we love to help people make more of their art, so we have some tips for how you can turn your work into a profitable enterprise.

Create a Business Plan

If you have an idea of the type of company you would like to start, then you need to begin by creating a business plan. This document will outline every single step that you plan to take with your business. It should include what your product will be, how you plan to produce it, how much money you will need to get the project off of the ground, how you hope to secure that funding, your target demographic, and how you plan to market to that audience. Once you have your plan in writing, you need to follow it to the letter, so you know that you are always staying on track.

Choose a Smart Business Structure and Consider an LLC

One of the first steps that you will want to take is to form your business so you can put all of the pieces in order and start making money. As a newer entrepreneur, it is often a good idea to form your company as an LLC. A limited liability corporation is a great idea because it gives a beginner more flexibility, and there is a lot less paperwork to complete. Plus, you get benefits at tax time, and you can put the money that you save back into your budget.

It is important to keep in mind that your LLC must follow the guidelines set forth by your particular state, and if you don’t follow them, then you could land in legal hot water. To remedy this, consider hiring a formation service to help you out. A formation service will get you set up and ensure that you are fully compliant. There are many of these services out there, so make sure to read reviews online so you can find a company that you trust.

Market Your Company and Make Business Cards

Once you get your business up and running, you will want to market your services so you can bring in customers and start making money. These days, there are many ways to market our products, and technology makes doing so easier than ever. As one tip, consider using social media and services like Facebook Ads to cater to your specific demographic and make ads that will catch their attention.

Another idea that has worked for decades is the business card. Much more visible and not as easy to discard as an email, a business card is something tangible that your potential customers can hold in their hands. As an artist, you can get creative with your business card and sketch your own design or add your own creative touch. However, if you are not sure what to do and you are looking to find business card designs, then consider using an online business card maker. These programs are great because they offer many different templates that you can choose from, and then you can modify them with your text, font, and contact information.

In the end, turning your love of art into a business will not always lead to overnight success, but with a good strategy, you can succeed. Remember to create your business plan, consider forming your business as an LLC, and make business cards to promote your business, and you can make it happen. If you would like to learn more about us here at My Sketch Journal, then contact us at jason@jasontako.com.