Overhead & Profit
The time plus materials method accounts for more than just your hours and paint. It includes overhead... the cost of having an art practice at all... and a Growth Multiplier, which is your profit margin on top of those costs.
If you are not accounting for overhead in your pricing, your work is subsidizing your practice instead of sustaining it. If you are not applying a growth margin, you are covering costs but not building anything.
Here is how both work.
- What Business Overhead Really Is
- How to Calculate Your Monthly Overhead
- How Overhead Per Piece Works
- What the Growth Multiplier Means
- How Overhead and Growth Work Together
Ready to price your art with confidence?
Use the Art Price Lab calculator to run all three pricing methods at once and find your range.
Open the Calculator