Investing In Art Offers Additional Benefits For Professionals

Investing is art can be an affordable way forproduced prints, often of Mediterranean scenes
small business owners to increase and maintainand strew them on the walls for decoration. This
customers and client bases, plus reap the benefitapproach lacks any originality, reveals nothing
of an investment that increases in value overabout the competence of the professional and
time. Plus, there can even be a tax advantage asnever enhances the bottom line of the company.
the art, or part of the purchase price can bePurchasing art to decorate an office can be a tax
deducted.deduction along with the furnishing of an office.
Many small business owners, especiallyDepending on the work and its value there are
professionals such as doctors, lawyers, dentistsother possible tax advantages that can accrue
and insurance and financial advisors, advisors,from loaning work to shows or local museums.
brokers and agents have reaped the benefits ofConsult your tax professional for more
displaying good investment quality fine art in theirinformation.
offices and reception areas.Investment quality art has consistently kept pace
Investing in art does not need to cost thewith the stock market and recently, due to the
thousands to millions of dollars that one readsinternational art market, begun to out pace it.
about in the news. One British dentist caused aYes, that includes works by blue chip artists both
stir in the news himself when he first madeliving and deceased, but it also includes work by
ArtReview's annual list of 100 most importantlesser known artists and art prints. Prints by
people in Contemporary Art. No one knew whoartists who are selling in the best galleries,
this dentist was. Seems that he had tradedemerging artists with new art theories and even
services for work by the then emerging YBAs (athose by well know artists of the past can be
specific group of young British artists) and hisvery affordable.
holdings, which included works by currentCollecting art, attending local gallery openings,
megastars Damien Hirst and Tracey Emin.joining a local museum can also be a good way to
The works of those artists are now worth millionsmeet people, including potential clients, customers
- in pounds. The original cost to the dentist? Hisand business associates. Another way to locate
time and the fillings.artists is now over the Internet where there are
Recent studies have shown that products benefitsocial sites especially for artists, collectors and
with increased sales when marketed with fine art.those interested in art such as and There are
Professionals who display good fine art in theirmany art blogs by and for artists that will lead
places of business experience that their clientsyou to interesting artists. Artists, especially
and customers view them as having moreemerging artists are usually open to bartering art
authenticity, authority and professionalism.for goods and services, such as the dental work
Restaurant owners know that art helps bring inmentioned above, which make collecting art as an
customers, not just decorating but real art.investment far more affordable and for a small
Many professionals go to the local large art andbusiness person an investment with many
frame supply store. Pick up decorative massbenefits.