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.
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 …
Understanding 5 things your balance sheet would tell you if it could talk about your business is important for your success. You don’t have to be an accountant or super great with numbers to create one. If you have accounting software, it’s prepared and updated automatically as you enter your daily information. It just doesn’t …
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 …
Are you REALLY ready to run a handmade or creative biz? Chances are you’ve read about how easy it is to become your own boss and have spent more hours than you care to admit fantasizing about becoming a handmade or creative biz owner – but, have you stopped to ask yourself if you’re REALLY …
When do I FINALLY get to pay myself? That’s a question most handmade business owners often ask and one that I hear a lot. Yes, you’ve been working really hard on your handmade or creative biz, the money is starting to roll in, and YES, you deserve to pay yourself. BUT, before you can figure …
If the word “budget” makes you want to run, you’re not alone. For many handmade business owners, budgeting feels like restriction when money already feels tight. But a budget is not punishment. It’s a decision-making tool that helps you plan for expenses, spot money leaks, and start paying yourself on purpose.
Time tracking, the art of keeping detailed records of the amount of time you spend on EVERYTHING you do in your business. As handmade or creative business owners we tend to think that time tracking is only important when we are working on a project. That’s just not true. Time tracking is important and we …
Keeping on track of your numbers (finances) determines your success or failure. If you are constantly avoiding your bookkeeping you’ll never get a handle on your financial numbers. Bookkeeping & how to overcome your fear of numbers Bookkeeping & how to overcome your fear of numbers is this weeks topic, because I hear things like …
