Helping handmade & creative business owners learn to handle their bookkeeping with confidence!
Why do I need to track Cost of Goods Sold and WHAT exactly is it? Understanding what Cost of Goods Sold is and WHY it’s important to track it is certainly a confusing thing for most handmade and creative business owners. Let’s see if we can clear that up. Over the last couple of weeks …
How to track inventory is a question that makes the eyes of most handmade and creative business owners glaze over in confusion and perhaps just a touch of terror. This post offers practical tips on how to track inventory including what info you need to track. Last week, in Part 1 of this 4 part …
INVENTORY – an accounting term and bookkeeping task that causes terror and total confusion in the hearts and minds of makers, designers, or anyone who owns a handmade or creative business. Let’s start with – Why is inventory important? Materials and supplies are probably the BIGGEST spending category many of us have in our handmade …
Are you feeling burnt out? If so, it’s time to stop and take some time for you! WHEW, I don’t know about you, but the last 3 months have left me feeling pretty burnt out – leaving me feeling exhausted and having trouble concentrating. For many handmade and creative business owners, having our own business …
What are your goals for your handmade/creative biz in 2020?? You may think that’s a silly question, but with yearend quickly approaching it seems to be one that is being talked about – A LOT – in many of the Facebook groups that I belong to. Some popular goals for handmade/creative businesses that I’ve seen …
Wondering if using bookkeeping software or spreadsheets for your handmade or creative business bookkeeping is a better choice? Well, you aren’t alone – it’s a tough question and doing the research makes it an even tougher decision. And, let’s face it, I KNOW that most handmade or creative business owners DETEST doing their books and …
Feeling like your bookkeeping is a MESS? Need to clean it up BEFORE tax time rolls around? You aren’t alone. I was chatting with a handmade business owner the other day who told me: I’m great at cranking out products and scheduling craft fairs. I’m scrambling at tax time. I have no sense of my …
Running a handmade or creative business involves a lot of time, energy, and effort. Today, I’d like to share my 3 favorite tools and a tip for getting organized and being more productive. If you’ve been feeling totally disorganized, like you have no focus, and that you have so many things on your plate that …
Procrastination + excuses = lack of productivity which leads to a bunch of things piling up and then total overwhelm. Procrastination is the act of delaying or postponing something and is often a coping mechanism associated with starting or completing an undesirable or difficult task or making a decision. An excuse is an explanation for …
Looking for 5 simple ways to thank your customers for their support of your handmade or creative business. Year end is quickly approaching and now is the perfect time for you to stop and thank your customers for supporting your handmade or creative business this year. Thanking your customers, tech editing clients, or even your …
Understanding 5 things your balance sheet would tell you if it could talk about your business is important for your success. You don’t have to be an accountant or super great with numbers to create one. If you have accounting software, it’s prepared and updated automatically as you enter your daily information. It just doesn’t …
Sales Tax-the DIRTY lowdown of how it impacts your handmade or creative business. Sales Tax is totally overwhelming and often confusing for handmade and/or creative business owners. And it’s little wonder – few understand (or even want to think about) the impact that the Supreme Court ruling that went into effect June 21, 2018 had …