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October 02, 2007

Reducing costs to beat the credit crunch

With the current credit crunch, small businesses in a variety of industries are racing to make sure they remain viable.  One of the best ways to keep your business running smoothly is to reduce your costs.  Here's a list of things you can do to help reduce the cost of running an arts business:

  • Reduce wasted materials
  • Re-use wasted materials
  • Streamline your production process so you can make more work
  • Hire an intern or a part-time helper in the studio (so you can make more work)
  • Shop around for vendors to make sure you're getting the best deal on materials
  • Find ways to reduce the physical costs of running a studio (such as turning the lights out when it's not in use)

Have you found some fun ways to reduce costs in your studio?  Post them in the comments section.

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