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1. What is the
difference between renting or leasing artwork?
Renting artwork is a great way to bring a
different feel to your home or office. Renting is for
a specific event for a specified time. For instance a
wedding would need artwork for 2 - 3 days.
Leasing artwork is for a longer time such as one
month to two years, depending on the lease contract.
At the end of the lease time, the artwork can be returned or
there is a buyout and the artwork now belongs to the person
or business who rented it originally.
2. What is
the advantage of leasing over renting?
Obviously for one thing with
leasing you get to have and enjoy the artwork for a longer
time. Also with leasing, you can take advantage of
swapping out the currently leased artwork for different
artwork once for a one year lease and twice for a two year
lease. If you lease the artwork for your business, you
can deduct that as an expense just like the photocopier or
computer you currently lease (check with your accountant for
applicable tax rules).
Renting
1.
What are some of the events that artwork could be rented
for?
Some of the specific events
with a specific time are:
●A
Wedding or wedding anniversary
●Special business events such as a
27th Business Anniversary
●A gala event
●Communion
● A formal photograph of a
business leader
●As a
backdrop in a video, commercial or as a prop in a movie or
TV series.
2.
What would be the appropriate type of artwork to rent for an
occasion?
Using a wedding
anniversary gift guide as a place to start:
1st Anniversary - Painting on cotton (canvas)
5th Anniversary - Wood (Sculpture)
8th Anniversary - Bronze (Sculpture)
11th
Anniversary - Steel (Sculpture) or painting on steel
27th
Anniversary - Sculpture
37th
Anniversary - Alabaster (Sculpture)
90th
Anniversary - Granite (Sculpture)
Any anniversary - An excellent painting
As the event anniversary gets past the 5th year, the
elements to symbolize the anniversary get more solid and
firm - less ephemeral.
3.
How does renting work?
When renting, there are two components -
the actual rental charge of the artwork & the
delivery/pickup charge. The rental charge varies with
the retail price of the artwork. It is a nominal charge
starting in at $25/day. The delivery charge is free within
10 miles of WSG Gallery. After 10 miles the pickup and
delivery charge starts at $25 depending on how far away the
artwork has to be delivered.
When renting multiple (2-6) pieces
one delivery charge applies. So if 5 artworks are
rented, there is only one $25 charge.
Leasing
1. How does leasing
work?
Leasing works much the same as
renting (see item # 3 above), just more paperwork.
Give Carl a call at 304-263-2391 or email him at
carl@wsggallery.com
for more details.
2. What can leasing
artwork do for my business?
a. Leasing an
artwork can be seen as having a silent salesperson in your
office/lobby/waiting room. It demonstrates, on a
subconscious level to your client, the sophistication of your business and
management. It can also pre-sell your prospect on your
services and turn them from a prospect to a client quicker.
Soushi 1 or
Soushi
2 would be perfect for a fertility or
gynecologists office. It communicates silently what
the desired results are going to be for a consultation.
Another example would be the
sculpture
Aria in an opera companies
office,
Motion or
Momentum in a transportation office (train,
limousine, airline) or
Eihei in an executive
security office.
The leased artwork(s) can also be a
conversation starter, to open up reticent clients.
b. Flexibility to meet your business needs whether it is
trying out a style that you want, or to live with the art
before deciding to purchase it.
c. Allows your business to have high quality art
without a large capital outlay, just a low monthly lease
payment.
3. What types of
businesses can benefit from artwork in their environment?
Just about any business can benefit
from artwork, particularly ones that need to project an
positive or sophisticated corporate image.
Law firms, financial institutions,
corporate offices, banks, insurance companies, hotels, and
any business that needs to stand out from their competition.
4. Do you need a
pedestal to put the leased sculpture on?
We also make custom sculpture
pedestals that are complementary in design to the sculpture
that you either own or lease. Contact Carl at
304-263-2391 or
carl@wsggallery.com & ask about pedestal availability.
Sculptures
that can be purchased, leased or rented
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