Sharing is caring!

KEEP READING IF YOU’RE HAVING TROUBLE CATEGORIZING YOUR EXPENSES, UNDERSTANDING INVENTORY, AND TRYING TO FIGURE OUT COST OF GOODS SOLD!

(You’re gonna want to read this to the very end!)

With TAX season quickly approaching, do you find yourself still struggling with categorizing your business expenses, understanding inventory, and trying to figure out Cost of Goods Sold?

It’s not like you want to be on the struggle-bus over this stuff. Right?

Trying to find reliable, easy to understand information about how to do the bookkeeping for your handmade, creative, or craft business can be so overwhelming!

You’ve spent HOURS sliding down the rabbit hole searching Google and Facebook groups only to end up frustrated and more confused than ever!

But I’m here to tell you – it’s not your fault!

Starting and growing a handmade business IS totally OVERWHELMING! Especially if you’ve never had a business before. There’s just so much to do and so many things to learn.

If you’re like most handmade business owners I work with – you started this business because you wanted to share your love of yarn with the world – not spend weeks (or months) trying to figure out the bookkeeping pieces!

Besides, none of us are born with a bookkeeping gene or a super type A personality that just loves to crunch numbers.

What you need……

What you need are clear processes and step-by-step instructions, in plain English (not accounting speak) to figure this stuff out.

Something that is simple or easy enough to keep you motivated, focused, and on track with your bookkeeping – designed by someone that knows bookkeeping and gets how your creative mind works.

And I can help you with that!

Introducing the Handmade Business Bookkeeping 101 Challenge

The Handmade Business Bookkeeping 101 Challenge is a FREE 6-day live event that will be coming January 6 – 13, 2023.

an image of what's included in the challenge

That’s right – I SAID A FREE 6-DAY LIVE EVENT!

6 days/6 live 1-hour training sessions PLUS workbooks to help you overcome your BIGGEST bookkeeping challenges and help you make sure you run a profitable “grown up” business – even f your socks never match, you’re mostly in your pj’s, and you hate numbers!

Maybe you’re wondering how this challenge is gonna be different…..

Instead of just a general overview of the whole big bookkeeping piece, we’re going to hunker down and focus on the 3 biggest handmade business bookkeeping challenges:

  • Categorizing expenses
  • Understanding inventory
  • Figuring out Cost of Goods Sold
  • PLUS, there will be Bonus Lessons on Pricing & creating a Budget

And we’re going to do it step-by-step, in simple terms. Without all that vague, fancy accounting speak that makes you feel like you need to go back to school and major in accounting!

What’s included?

Here’s what you can expect to find in the Handmade Business Bookkeeping 101 Challenge.

Friday, January 6, 2023 – Kick-Off Session

We’ll talk about what makes a bookkeeping system GOOD and some things you should be keeping track of PLUS we’ll do some mindset work on the thoughts that keep you from doing your bookkeeping.

Monday, January 9, 2023 – How to categorize expenses

First we’ll do a deep dive into the Expense categories found on the Schedule C and then we’ll look at a lot of specifics, like:

  • If you buy a theme or plug-in for your website, it goes HERE
  • If you buy a course to learn how to do something business related, it goes HERE

Tuesday, January 10, 2023 – Understanding the In’s & Out’s of Inventory

We’ll follow how a skein of yarn moves through inventory from the time you buy it to the time you finish making something with it.

We’ll also take a deep dive into the Inventory section of the Schedule C and why it’s important to have a good inventory system in place.

Wednesday, January 11, 2023 – How to calculate Cost of Goods Sold/Cost of Sales

First I’ll walk you through how to calculate Cost of Goods Sold for a specific item and then we’ll take a deep dive into the Cost of Goods Sold section of the Schedule C.

(Cost of Sales is just another name for Cost of Goods Sold – but it’s more for designers – we’ll cover that too!)

Thursday, January 12, 2023 – BONUS TRAINING

In this bonus training session I’ll show you how the cost to make an item influences your pricing.

Then we’ll talk about (and create) a budget for your business, so you don’t end up spending too much.

Friday, January 13, 2023 – Wrap-Up PLUS Q & A

Bring any of your bookkeeping questions and put ME in the hot seat!

You get access to all this for FREE, for a limited time.

Isn’t it time for you to master your biggest handmade business bookkeeping challenges?

Imagine, feeling confident about these important pieces of your bookkeeping system and finally getting out of your own way so you can make sure you’re making the profit you deserve.

divider

Questions smart people are asking before signing up.

Why are you doing this for free? Full disclosure – the Handmade Business Bookkeeping 101 Challenge will be free ONLY this one time in January.  After it’s launch in January, it will become a paid course priced at $147.00. 

But I’m sooooo NOT a numbers person! Ok, harsh moment of truth here – if you’re going to have a business you HAVE TO have a bookkeeping system for tax time – even if you’re not a numbers person.  But, on a more gentle note, categorizing your expenses is sorta like organizing your yarn stash. Plus we’ll be doing some mindset work to help you overcome your fear of numbers.

Why are you waiting until January to do this live challenge? Well, we’re in the busiest month of the year (we’re just at Thanksgiving, maybe some last minute craft fairs, and Christmas is just around the corner) – none of us need to try to squeeze anything more into this last month of the year.  Besides, January is usually the month that most smart business owners start thinking about getting their tax stuff together – so I thought it would be the perfect time. 

What happens after I sign up? You’ll be taken to a “Challenge Welcome Page” where there will be a short video with all the details of what to do next. All that’s left is for you to make the commitment to show up and block out time on your calendar to show up live 🙂

divider

Get on the wait-list and sign-up for The Handmade Business Bookkeeping 101 Challenge – January 6 – 13, 2023. It’s FREE!

I dare you to challenge yourself and spend some time focusing on your business finances ….. instead of ignoring your bookkeeping tasks.

What are you waiting for? Sign-up for the challenge today – live sessions start Friday, January 6, 2023 at 1 p.m. eastern!

.