Helping handmade, creative and craft business owners learn to handle their bookkeeping, one step at a time!
Helping handmade, creative and craft business owners learn to handle their bookkeeping, one step at a time!
Congratulations! You’ve started a handmade or creative business. That’s so awesome :-) I bet you’ve watched a ton of webinars, taken a bunch of courses, and watched a lot of videos all explaining just how EASY it is to start a creative biz. Did any of the things you watched tell you about all of the hours you’ll spend on things that have nothing to do with your finished item or service?
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 …
Prepare for Black Friday shopping with a clear strategy. Define your goals, set a realistic budget, and research your desired items. Stick to your plan and track your expenses to ensure a successful, budget-friendly spree.
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 …
Negative thoughts about the bookkeeping for your handmade business will keep you stuck! Learn about 6 common negative thoughts about bookkeeping and how to overcome them. Bookkeeping isn’t sexy or glamourous – and everyone can come up with a bazillion excuses (oops, I meant REASONS) to avoid doing their bookkeeping. The more times that you …
Tracking sales at craft fairs can be totally overwhelming – especially if you’re trying to do EVERYTHING by yourself! Here’s a tip for something I do, that helps me when tracking sales at craft fairs and makes my bookkeeping easier!
What craft business owners need to know about sales tax. In a nutshell, Sales Tax nexus happens when your business has some sort of connection to another specific state(s). That connection can be either physical, economic, or both.
How to organize your bookkeeping paperwork. Organizing the bookkeeping paperwork for your handmade business starts January 1 and continues all year long ………..today I’m going to offer you some tips on getting things organized. Many blog posts I’ve read about getting your financial/bookkeeping paperwork organized – talk about getting things organized for year-end so you …
6 reasons you need good bookkeeping records it the topic for today’s blog post. I’m betting most of you are thinking that the reason you need good bookkeeping records is so you don’t piss off the IRS. That’s part of it, but really there’s so much more to it than that! Maybe up until now, …