Investing in art for the finance industry might be a smart idea, especially if you are an art lover. However, you need to do extensive research since it can be risky.
Art can play a role in brightening your business space. In recent years, the art market has made a name as the greatest new investment craze. Sculptures and painting collectors frequently acquire pieces with the aim of addicting their investment portfolio. Here is a guide to help you choose the best art for finance industry.
1. Branding
What do you want your customers in your financial institutions to think when they get into your workplace? Is your artwork conveying your brand, culture, and character, or does it appear like a boring faceless corporation?
It’s easy to forget the significance of corporate décor for leaving the best first impression. So, use brand colors or commission art for finance industry that integrates your brand values.
2. The first impression is key
Artwork is one of the best ways to begin small talk. The narration of obtaining the art or the interpretation of the art and what it means for your finance firm can be a great introduction to various meetings. It’s also a good talking discussion since every person loves tales.
Maybe you are planning to impress customers, but you can’t afford to spend a lot on art for the finance industry. In this case, mount expensive art on parts that are visible. This can be a meeting room or lobby. Leasing is also an effective way to have extravagant artwork at a fraction of the price.
3. Include your workers
Some studies indicate that when workers are included in the beautification of their surroundings, productivity went up by 30 percent, art. Art for the finance industry is subjective, and not every person will love your choice. However, you can go for less offensive and abstract artworks in common rooms to overcome this. You can also allow workers to pick artworks for their working space that suit the corporate identity and décor. Large companies can opt for voting equipment or create an art committee that can make decisions.
4. Try to mix them up
Are you among the people who get bored so fast? Then, make sure you vary the art for the finance industry on the walls each year. Instead of purchasing this costly artwork every year, some companies allow you to lease and rate the artwork every 6-12 months to keep everything updated. That’s especially helpful for finance firms whose customers often visit as they’ll be awe-struck by different art whenever they visit. Additionally, not having to commit long term makes the hard decision of finding art easy, in case the boss and colleagues dislike it. Also, leasing is tax-effective and can be listed as a cost in accounting.