Bookkeeping doesn’t have to make your creative brain short-circuit. These posts break down income, expenses, taxes, and simple systems that actually make sense for handmade and craft business owners — no accounting jargon required.
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 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).
COGS doesn’t have to feel like a mystery novel. Here’s how to calculate cost of goods sold for one handmade item using a crochet amigurumi witch—materials, selling fees, and the bookkeeping flow. PLUS there’s a video showing how this is done using the 10-Minute Bookkeeper system including the Handmade Product Pricing & COGS Calculator. Part 7 of the Inventory + COGS for Handmade Businesses series.
