I have said this more than a few times as a functional potter to try and spread out your income sources. As time goes by your situation can change and having various income source points helps as some fade away or others change.
This year during tax time mine are roughly as follows-it changes slightly year to year but this is a rough estimate for 2015
Wholesale 15%
Fairs in state 20%
Fairs out of state 40%
Consignment 30%
I realize these do not total 100% but th
I always feel the need to speak about consignment as it puts ALL the risk on the potter and can go south on you very quickly.
First I want to say that there are good consignment galleries and its fairly easy to find them by:
- checking how long they have been in business
- asking if they have a standard consignment agreement to sign
- getting in touch with the artists they currently work with
- visiting the gallery in person to get a feel for the place
- if you like the place, meeting t