Helping handmade & creative business owners learn to handle their bookkeeping with confidence!
Are you feeling burnt out? If so, it’s time to stop and take some time for you! WHEW, I don’t know about you, but the last 3 months have left me feeling pretty burnt out – leaving me feeling exhausted and having trouble concentrating. For many handmade and creative business owners, having our own business …
What are your goals for your handmade/creative biz in 2020?? You may think that’s a silly question, but with yearend quickly approaching it seems to be one that is being talked about – A LOT – in many of the Facebook groups that I belong to. Some popular goals for handmade/creative businesses that I’ve seen …
Running a handmade or creative business involves a lot of time, energy, and effort. Today, I’d like to share my 3 favorite tools and a tip for getting organized and being more productive. If you’ve been feeling totally disorganized, like you have no focus, and that you have so many things on your plate that …
Procrastination + excuses = lack of productivity which leads to a bunch of things piling up and then total overwhelm. Procrastination is the act of delaying or postponing something and is often a coping mechanism associated with starting or completing an undesirable or difficult task or making a decision. An excuse is an explanation for …
![[NEW BLOG POST] My Handmade Biz - How to track inventory
Keeping track of inventory involves details about: - What we’ve bought - How much it cost - The amount we used - What is left - And, the normal retail value
Sounds super simple, right? WRONG!
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#bookkeepingforcreatives #bookkeepingtips #yarnpreneur #CIAmember #iamayarnpreneur #handmadebusiness #creativebusiness #mycreativebiz #makersmovement #smallbusinesslove #craftbusiness #mycreativebiz
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![[NEW BLOG POST]
My handmade biz-What is Inventory?
Inventory is sort of a bookkeeping black hole.
You have to keep track of the cost of all the materials and supplies that you keep on hand to make your finished items, in detail – but you can’t deduct what you spent when you spend it.
Yes, you spent the money – but Inventory is an Asset and it’s tracked on the Balance Sheet. It doesn’t hit Cost of Goods Sold on your Profit & Loss Report UNTIL you sell the item that you used the materials in and then it’s only the cost of the materials that you used in that specific item.
Read more at https://yarnybookkeeper.com/what-is-inventory/
OR click the blog link in my bio
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#yarnybookkeeper #bookkeepingforyourhandmadebusiness #bookkeepingforyourcreativebusiness #bookkeepingforyouryarnrelatedbusiness
#bookkeepingforcreatives #bookkeepingtips #yarnpreneur #CIAmember #iamayarnpreneur #handmadebusiness #creativebusiness #mycreativebiz #makersmovement #smallbusinesslove #craftbusiness #mycreativebiz
#creativeentrepreneur #creativepreneur #crochetpreneur #smallbiz #savvybusinessowner #makersmovement #smallbusinesslove #craftbusiness](https://scontent.cdninstagram.com/v/t51.2885-15/sh0.08/e35/s640x640/79249126_498767230752427_4341965788129070923_n.jpg?_nc_ht=scontent.cdninstagram.com&_nc_ohc=ccMM4Wx_nXYAX_ATRw-&oh=07c9edda71396a2e7efa3d456986b098&oe=5EBFDCCA)