Understanding how to start a new creative business can be a daunting task, especially if you don't have a background in accounting or business. We have so many questions when we first set up shop - what do I need to take care of on the legal side of things? How do I file my taxes now? What expenses do I need to…
Last week I answered a question I get a lot - how do I pay myself? What's the right way to do it? If you missed that post, catch up here. That post was all about the rules & logistics of paying yourself as a sole proprietor, and how it affects your bookkeeping records and your taxes. Now that you're…
Today let's address a question I see quite often: How do I pay myself? As a shop owner who also happens to be an accountant, sometimes I lose touch of the questions my non-accountant friends have about running a biz. This one happens to be one of them, and it's high time we discuss it! I am breaking this discussion up into…
Hola friend! I've been helping Etsy sellers and creative entrepreneurs get their finances in gear since 2015. So I've been around the block a few times. Today, I'd like to briefly walk through the top five financial mistakes I see Etsy shop owners making. Before I dive in, let me say there's no shame in setting up your shop without…
One of the challenges of selling handmade goods online is juggling your orders. Keeping customization requests organized, making sure items get created, packaged and shipped on time, and handling incoming orders from multiple online storefronts can get real confusing, real fast! How to Automate & Streamline Order Fulfillment for your Shop That's why today I'm excited to share a quick…
If you've been following me for a while, you probably know that I love this little productivity tool called ASANA. It's actually a pretty powerful tool and it's totally, completely FREE. Today I wanted to combine my love of Asana and bookkeeping and share an awesome trick with you - how you can use Asana to streamline and schedule your bookkeeping…
I've been harping about year-end approaching for a while around here, mostly for tax purposes. But with the beginning of a new year around the corner, that also means it's time for something else - setting goals for your business. "Goal setting" seems to be a trendy buzzword these days. We're excited to start the new year with a clean…
Right around the end of the year, you may start hearing a lot about counting your inventory. Today I’m hosting an Inventory Crash Course Workshop, which is my fancy way of saying I filmed a video answering the big questions I see about year-end inventory. This is my attempt to explain inventory, cost of goods sold, and the dreaded year end count in…
Note: This post (along with the free planning playbook ) has been updated for 2017! If you are feeling really behind and overwhelmed, make sure you get on the early bird list for the 2017 Bite-Sized Bookkeeping Bootcamp right here. It will be open to enrollment in mid-November and those on the wait list will get access to an exclusive…
Today's post comes to you from my friend and fellow creative Danielle Spurge from Merriweather Council. Danielle is a maker maven known for helping turn others' crafty tendencies into profits. Today Danielle shares a bit of tough love with us when it comes to pricing for profit. Visit the Merriweather Council here. People ask me a lot, “How do I make…