To navigate economic cycles and fluctuations in revenue, top-earning seasoned artists recommend strategies that can be grouped into three main categories. First, identify and eliminate the "most expensive money." This involves understanding the actual costs of your credit and working to reduce those that are exorbitantly high, such as unfavorable leases or credit card debt. Second, critically assess the time it takes each month to cover your fixed costs. Understanding this can lead you to shed some of these costs, significantly impacting your business. Third, avoid making your situation worse. Don't take on any new fixed costs, and be cautious...
Log in
We will send you an email to reset your password.