Overhead Expenses Demystified for Your Handmade Business
Overhead expenses are all those behind-the-scenes costs — rent, website hosting, shipping supplies, subscriptions, and more — that keep your handmade business alive… but often get ignored when you price your creations. This post shows you how to gather your expenses, calculate a realistic hourly or per-item overhead cost, and bake that number into your prices so you stop working for free.
Why Do I Need to Do Bookkeeping for My Handmade Business?
Bookkeeping isn’t just about math — it’s how handmade business owners understand if they’re really making money. It helps you handle taxes, see your true profit, and price your creations with confidence. Start small, stay consistent, and use bookkeeping to make smarter business decisions (without losing your creative spark).
The BOI Report & your handmade 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 …
8 Free Bookkeeping Programs for Creative Businesses
A list of 8 Free Bookkeeping & Accounting software programs (originally compiled in July 2020) that may be suitable for handmade or creative businesses. Choosing a bookkeeping program and developing a system for your handmade or creative business can be a daunting task. I talked a little about this a couple of weeks ago, in …
It started with a love of numbers
How (or maybe it should be WHY) does someone choose a career that revolves around numbers and bookkeeping? Day 2 of the Ultimate Blog Challenge. Today’s suggested topic is to let people know how you got started in your niche or market. I thought I’d start with something “catchy” ….. so here goes. Nancy is …
Software or spreadsheets for handmade business bookkeeping
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 …