Why good bookkeeping records matter (especially at tax time) isn’t about being perfect with numbers. It’s about reducing stress, eliminating guesswork, and understanding what’s really happening in your handmade business — without fear, shame, or last-minute scrambling.
Bookkeeping for makers feels hard for a reason — and it’s not because you’re bad at business. These five common bookkeeping myths are keeping handmade business owners stuck, stressed, and guessing at their numbers. Let’s gently dismantle the bad advice and replace it with what actually works.
Owner’s draws are how small business owners pay themselves — but they’re often misunderstood. In this article, you’ll learn what an owner’s draw is, how it works in handmade businesses, and how to record it correctly in your bookkeeping.
This post was originally published in 2020 and has been updated to provide clearer information.
Bookkeeping feels hard for many handmade business owners — not because it’s complicated, but because it’s often put off for too long. If you’ve been waiting for “later” to start, this post explains why starting small, starting now, and doing it weekly is the calm alternative you didn’t know you needed. Part 2 of the “Why Handmade Business Bookkeeping Feels Hard (And How to Fix It)” series.
If bookkeeping makes your brain shut down, you’re not alone—and you’re not bad at business. Handmade business bookkeeping feels hard because you were given incomplete advice. This post explains why—and introduces a calmer, weekly way to fix it.
[Part 1 of a 9 part series for handmade business owners]
Confused about whether you need a tax preparer, bookkeeper, accountant, or business advisor for your handmade business? This post breaks down what each role actually does, when you need them, and how to choose the right kind of help — even if you’re DIY-ing your bookkeeping for now.
A whimsical dimension where financial clarity has wings… and drinks coffee. For those moments when you stare at your laptop thinking, ‘I just want to make pretty things… so why is bookkeeping so hard?’ You’re not alone — and help is closer than you think.
Schedule C doesn’t have to feel confusing or intimidating. If you’re a handmade business owner with a solid bookkeeping system, this tax form becomes much easier to complete. In this post, you’ll learn how your bookkeeping numbers flow directly into Schedule C, what the IRS is really asking for, and how organizing your income, expenses, inventory, and cost of goods sold can make tax time far less stressful.
