When you create an overall budget for your business, your Revenue and Expense budgets get “married” – so to speak.

My Creative Biz-Let’s Create a Budget

When you create an overall budget for your business, your Revenue and Expense budgets get “married” – so to speak. Together they can tell you all kinds of wonderful financial things about your business including: what your fair hourly wage is (or should be!), how much you should be setting aside for taxes, helps you to …

My Handmade/Creative Biz-Creating an Expense Budget. An expense budget helps you to keep track of your monthly fixed costs - the money you need to pay out EVEN if you have NO income.

My Creative Biz-Creating an Expense Budget

Creating an expense budget for your creative or handmade business helps you not only make the dollars you spend work for you, but also prevents your dollars from flying out the door!  It also provides you with the amount of your fixed costs that you need to pay each month or year – even IF …

The "so-called experts" in the handmade or creative business world all seem to recommend spreadsheets.  I'm betting that most of them actually use software, even though they tell YOU that spreadsheets are the way to go - so they can SELL you a spreadsheet that they designed but don't use anymore!  

Software or spreadsheets for handmade business bookkeeping

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 …

Bookkeeping messes are inevitable…..unless You learn to take that same focus, drive, and organizational skills that you have when it comes to cranking out product and scheduling craft fairs and apply it to your own internal office stuff!

Your bookkeeping is a MESS-Clean it up BEFORE tax time

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 …

First, let's look at a correctly formatted Profit & Loss (shown below) and then we'll do a deep dive into what goes where and the 7 things your report is trying to tell you and how you can use that information to make sound business decisions.

7 things your Profit & Loss Report is trying to tell you

Did you know that your Profit & Loss Report is trying to tell you 7 key things about your handmade or creative business.  Do you know what they are and what it’s trying to tell you? Many business owner’s think that a Profit & Loss Report (or Income Statement) is just a bunch of numbers …

FREE bookkeeping & accounting checklist for handmade or creative business owners

Bookkeeping & Accounting Task Checklist-Free Download

Need a bookkeeping & accounting task checklist for your handmade or creative biz?  Look no further – I’ve created a free one that you can download, WITHOUT giving up your name and email address or subscribing to my newsletter. Although I hope you will subscribe so you can take advantage of other freebies like this. …

3 Things EVERY handmade/creative biz owner MUST do-Bookkeeping basics

3 Things Every Handmade/Creative Biz Owner Must Do-Bookkeeping Basics

3 Things Every Handmade/Creative Biz Owner Must Do – Bookkeeping basics. 1) Open a separate biz checking account. 2) Do your bookkeeping. 3) Create a budget. These are 3 things every handmade or creative business owner must do. As if you don’t already have enough stuff on your plate to do being a small handmade …