Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
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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?
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, …
When should I start a bookkeeping system for my handmade or creative business is a question that is asked a lot. Let’s start with WHY its hard to get a straight answer to this question: There’s a lot of conflicting information out there on the internet. Some of this information is outdated and you won’t …
Are you a hobby or a business in the eyes of the IRS? Good question! Probably one that you haven’t or don’t ask yourself. But you should because it’s important. The IRS normally views knitting and crocheting as hobbies. Really this applies to ANY type of handcraft or handmade item – jewelry, quilting, card making, …
10 things you should know about starting a handmade business that I’m betting no one has ever told you. Have you watched countless videos and signed up for a ton of courses on starting and running a handmade business. I know I did when I started my handmade biz several years ago. They all made …
Now that you have your shiny new handmade checking account, are you wondering how to use it and what you need to keep track of? I’m not trying to be mean, but so many people these days have no idea how to use that paper register book that comes with a checking account. According to …
How to find a bank for your handmade business will probably require you to do some research and it may cost some money up front. But honestly, that’s just part of being a business owner. Opening a business checking account makes your handmade business legitimate and keeps your personal money totally out of the picture. …
Does my handmade business need a separate bank account? That’s a question I see a lot. My answer is YES! One of the first steps to a successful bookkeeping system is to set up a separate bank account just for your business “stuff”. Having a bank account for your handmade business makes it so much …