Creating financial projections is an essential part of business planning. Not only can you use financial projections to convince investors and moneylenders that your creative business idea is financially viable, but these projections will also help you establish an effective business budget and financial goals to work towards. Plus, measuring your progress against your financial projections will help you identify whether or not you need to make proactive changes to your business. Artistica explains how to make realistic financial projections to keep your business on the right track!
Surviving as a working musician isn't easy. Competition for paying gigs is high, and data has shown that the number of jobs for musicians has been declining by about 4% per year. The schedule requirements to write songs, rehearse your material, and play gigs can make holding down a regular nine-to-five difficult. Fortunately, the gig economy has made it easier than ever to pay your bills while chasing your dreams. Artistica Fine Art shares some insights.

