Owner’s Draw for Handmade Business Owners: How to Pay Yourself Without Messing Up Your Books
Owner’s draws are how small business owners pay themselves — but they’re often misunderstood. In this article, you’ll learn what an owner’s draw is, how it works in handmade businesses, and how to record it correctly in your bookkeeping.
This post was originally published in 2020 and has been updated to provide clearer information.
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).
Bookkeeping: The Secret Sauce (Free eBook)
Bookkeeping: The Secret Sauce (Free eBook). A 76-page eBooks that’s your guide to understanding the bookkeeping & taxes for your handmade, creative, or craft business. Discover what the handmade business coaches aren’t telling you about bookkeeping & tax requirements now that you are a business instead of a hobby. Grab your copy today and learn …
Your Handmade Business is Making Money! Yay!
Your handmade business is making money! Congratulations! You’ve worked hard to get to this point! But what about the financial side of things? Are you ready for that? In this blog post, I’ll share 9 tips on what to do when the money starts rolling in but you haven’t setup a bookkeeping system to track …
