Top 5 Bookkeeping Myths Keeping Makers Broke
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 Draw for Handmade Business Owners: How to Pay Yourself Without Messing Up Your Books
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.
When Should You Start A Bookkeeping System for Your Handmade Business? (Hint: It’s Earlier Than You Think)
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.
Why Handmade Business Bookkeeping Feels Hard (And How to Fix It)
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]
Handmade Business Expenses 101: What Counts (Ordinary, Necessary & Reasonable)
Confused about what actually counts as a business expense in your handmade business?
The IRS says expenses must be ordinary, necessary, and reasonable — but what does that really mean for makers who buy yarn, tools, and supplies all year long? In this post, we break it down in plain English with real handmade-business examples, so you can make confident expense decisions (and stop second-guessing every receipt at tax time).
