Should I start a gallery or become an art dealer?

While both galleries and art dealers make their living by discovering and selling artists and artworks, becoming an art dealer may be a more cost-effective way to get involved in this line of work.

In order to commence an average gallery, in a major European, American or Asian city, you need to budget between $250,000 and $500,000 depending upon location and your needs and goals, where as you can contemplate becoming an art dealer with half the funds, by avoiding the retail-space rents and the staffing requirements of a commercial gallery.