handmade business Archives - Page 3 of 3

The difference between sales and use tax

The Difference Between Sales & Use Tax in your handmade business

Use tax is a type of sales tax on purchases made from another state for items that would be taxable if you bought them locally. Use tax is also sort of like the evil twin of Sales tax, BUT each of these taxes work differently. So, let’s backtrack for a second….. As a legitimate handmade business, …

Taxes for Makers - Explained

Self-employment taxes & your handmade business

Self-employment taxes are your responsibility when you have a handmade business. You don’t have a choice and you can’t choose when you start contributing or paying these types of self-employment taxes. Tax payments are a major part of running your handmade business – you have the Sales Tax payments to the State that you need …

Behind the Scenes Creative Biz Foundations

Handmade business OVERWHELM

Handmade business OVERWHELM! A topic that few people discuss, mainly because everyone seems to want to lead you to believe that running a handmade business is EASY – and they focus on the glamour of owning and running your own business. Well, I’m different – I’m brutally honest. Owning a handmade business isn’t for the …

Bookkeeping for Makers (Without the Overwhelm) Courses & Freebies

How to Track Craft Fair Income & Expenses — So You Know Which Markets Are Actually Worth It

Making good sales at a craft fair doesn’t necessarily mean it was profitable. Here’s how to track the income, expenses, time, and other details that help you decide which markets are actually worth doing again.

You’re in the right place

Meet Nancy Smyth, The YarnyBookkeeper — an experienced bookkeeper and handmade business owner helping makers understand bookkeeping, inventory, expenses, and the numbers behind their business.

Do you need help with your handmade business bookkeeping needs?

Have you done a LOT of “Googling” about how to handle the bookkeeping for your handmade or creative business? Did you find a whole bunch of “stuff” that was outdated, general, or just isn’t what YOU need? You may also be feeling pretty frustrated over the amount of time you’ve WASTED! Very few so called …