Helping handmade, creative & craft business owners learn to handle their bookkeeping, one step at a time!
Helping handmade, creative & craft business owners learn to handle their bookkeeping, one step at a time!
What craft business owners need to know about sales tax. In a nutshell, Sales Tax nexus happens when your business has some sort of connection to another specific state(s). That connection can be either physical, economic, or both.
Some people will tell you that discounts aren’t really good for your craft business, that they devalue your biz and your abilities. Others are of the opinion that sales and promotions work, so why wouldn’t you discount your items?
Everything from ideas on how to develop a system for keeping track of your craft projects to keeping a list of projects that you want to make
Revenue and Profit are two totally different things in your handmade business. Don’t get confused between these two terms. To get straight to the point. Revenue is the money you make by selling your finished items or patterns. Profit is what’s left after paying your expenses. Many handmade business owners get totally confused by the …
How to organize your bookkeeping paperwork. Organizing the bookkeeping paperwork for your handmade business starts January 1 and continues all year long ………..today I’m going to offer you some tips on getting things organized. Many blog posts I’ve read about getting your financial/bookkeeping paperwork organized – talk about getting things organized for year-end so you …
Finished items inventory is this weeks topic. If you’ve been wondering how to track your inventory of finished items using spreadsheets, I’ll teach you how in this blog post. Keeping track of inventory is tough. There are so many moving pieces that you need to keep track of. Materials and supplies that you buy and …
Want to end tax time panic? It’s simple, update your bookkeeping weekly all year long. Tax time comes but once a year. So many handmade business owner scramble to do months worth of bookkeeping tasks to “hurry up” and get ready for tax time, in a relatively short amount of time – hating every second …