Industry sector: Retail and wholesale

Art gallery: Other payments

Enter in your cash flow forecast any payments that the business will make that have not been covered elsewhere in the cash flow. These might include, for example:

  • payments of artists' resale royalty fees made to a collecting society such as the Design and Artists Copyright Society (DACS) or the Artists Collecting Society (ACS)
  • payments to a specialist picture framer
  • payments to a specialist picture restorer
  • payments to a printer for producing high quality prints - and perhaps greetings cards - from original art works

As with the other items in the cash flow, enter the amounts in the months when you expect to pay them.