Glass studio business plan

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Recently, the owner visited a nearby floral and gift shop, and felt that it would be an excellent place to show and sell her work. What are the costs involved in opening a stained glass business? The business is operated by artist Phyllis Farmington.

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They sell their work in online stores and local galleries. How and when to build a team Splitting your time between the studio and administrative duties means working more hours than most individuals care to work. As demand rises, it may also be necessary to bring on additional artists.

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I look at the sources of my revenue, e. The most important thing for you to remember is that this is a business.

Glass studio business plan

The number one skill you must possess is creativity. Her work is influenced by international folk arts, and elements of African, Slavic, and Middle Eastern art grace her creations. Before embarking on this business venture, carefully consider all that owning a business entails. Therefore, establishing yourself within the community is incredibly important for increasing the value of your brand. Stained glass businesses generate revenue through the sale of original and commissioned works. This causes the glass to soften and partially melt, or "fuse" together. She takes into account the cost of her materials, other variables, her fixed operating expenses, the time involved, and the hourly wage that she needs to receive to meet her personal expenses. STEP 6. It requires hard work, innovative instincts, and an entrepreneurial spirit. Often these pieces are fired a second time after having been painted with glazes of gold, silver, or platinum. Farmington's work is functional, unique, and beautiful. When your personal and business accounts are mixed, your personal assets your home, car, and other valuables are at risk in the event your LLC is sued.

This heightens the appeal to collectors, allowing you to command maximum price from your customers.

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How to Start a Stained Glass Business