Isabel Soto-Luna
Business Librarian
UNO Libraries| 217 Criss Library | 129 Mammel Hall
msoto-luna@unomaha.edu
402.554.2382
Charles V Fisher
Creative Production Lab Supervisor
Criss Library | 248
cfisher@unomaha.edu
402.554.2542
Dr. Zhihao (Max) Yu
Assistant Professor, Marketing & Entrepreneurship
College of Business Administration | Mammel Hall 228AA
zhihaoyu@unomaha.edu
402.554.6405
How will you turn your designs into actual things?? Things like (bust most definitely not limited to):
If you are here, then you have figured out the "what" of what you're making, but now you need to figure out the how, for which the following questions apply.
This is a very simple process for figuring out how to break even and make a profit with your artwork. As your business grows, you will be adding to this process, and yes, there will be math involved. We do recommend eventually getting a business manager or accountant that can help.
Breaking Even
The most basic questions to ask yourself to break even are the following:
Example:
100 Acrylic Keychains
More things to consider, this is where it starts getting a little more complicated:
Example (continued from above):
Cutting Your Costs So You Can Compete
If you can learn to do resin molds: DO IT. Replication of jewelry designs, dice, and figurines is a big up-front cost but if you land a known-sellable project you can easily pump out a bundle.
If a laser cutter is free to you to operate, it's burning money to not be operating it at all possible times.
CO-OP material purchasing: get more materials that have more use options (rolls of paper, acrylic/wood sheet, resin) by working with other artists in a group/studio setting.
Short Term Bumpers
Fan Conventions, Event Tables, Craft Fairs
Contract Requests and Wholesale