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Let's talk about your handmade business finances

Let’s talk about your handmade business finances!

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.

5 Things your Balance Sheet Is Telling You About Your Handmade Business

If the Balance Sheet Report in your bookkeeping software feels confusing or easy to ignore, this post will help. Learn what your Balance Sheet is telling you about your handmade business, including what you own, what you owe, how inventory affects your cash, and how to spot bookkeeping problems faster. I’ll also explain why a Balance Sheet Report usually isn’t included in bookkeeping spreadsheets.