Helping handmade, creative and craft business owners learn to handle their bookkeeping, one step at a time!
Helping handmade, creative and craft business owners learn to handle their bookkeeping, one step at a time!
Every creative business needs a strong foundation. From goal setting and budgeting to choosing systems that work for you, this category helps you build your handmade biz the smart way — one simple step at a time.
Handmade business owners often run into the same money mistakes — from underpricing to skipping bookkeeping to mixing up profit and pay. In this post, we’ll break down the top eight financial mistakes handmade sellers make and show you simple, stress-free ways to avoid them and build a more profitable creative business.
The BOI Report, a report handmade businesses that are LLC’s, S or C Corporations must file with the U.S. Treasury – Financial Crimes Enforcement Network. Sole proprietors are not required to file. BOI stands for Beneficial Ownership Information. UPDATE: The Treasury Dept has extended the 12/31/24 deadline to 1/13/25. The NACPA is lobbying for 90 …
Untangling the knots of bookkeeping can feel as challenging as deciphering a complex crochet pattern. But fear not, fellow craftpreneurs! Discover the transformative power of setting clear goals. From managing inventory woes to achieving financial clarity, our journey together begins with simple, achievable milestones.
Let’s talk about your handmade business finances and finance systems because I’m betting that those are terms you hear a lot and they sound pretty vague, right??? Like WTF do these terms even mean and what have I gotta do to make it all happen?????
If you’re like most handmade business owners, I’m betting you think that a handmade business finance system is just about getting a business bank account and then keeping personal and business expenses separate – because that’s what you’ve been told.
But there’s SO much more to it than just having a business bank account and keeping business and personal expenses separate.
6 reasons you need good bookkeeping records it the topic for today’s blog post. I’m betting most of you are thinking that the reason you need good bookkeeping records is so you don’t piss off the IRS. That’s part of it, but really there’s so much more to it than that! Maybe up until now, …
When should I start a bookkeeping system for my handmade or creative business is a question that is asked a lot. Let’s start with WHY its hard to get a straight answer to this question: There’s a lot of conflicting information out there on the internet. Some of this information is outdated and you won’t …