And how far can you really reduce expenses in your handmade business? A few weeks ago, a member of Artists & Profit Makers shared her expenses and profit margin inside the forums and asked if anyone in the group had any ideas for further reducing her expenses. What followed was one of the most frank …
Read more “How much does it actually cost to run a business as an artist or maker?”
The other day, a ceramic artist friend messaged me, asking if I had any finance book recommendations for a small business like hers. As it turns out, I have LOTS of finance book recs. (I once gave each of my siblings different personal finance books for Christmas tailored to their individual life situations.) And I …
When I was a teenager, I spent one summer working in the office of my dad’s machine shop a few afternoons a week. It was a horribly boring job that mostly entailed shredding pay stubs that were more than seven years old. But one memory does stick with me vividly: My dad walking into the …
Read more “the challenge of cash flow, or why does my business never seem to have any money?”
I’m having a little stay-cation this week to celebrate the Thanksgiving holiday (not to mention my wedding anniversary) but I’ve got a great guest post for you from Outright.com. I love using Outright.com to keep track of all my business finances, and the folks at Outright have happily shared some tips for dealing with the …
Read more “With Proper Preparation, the New “PayPal 1099” Doesn’t Have to Disrupt Your Tax Time”
I’m currently in St. Paul for BlogHer Handmade and The Creative Connection. Yesterday, I had the pleasure of speaking on a panel with three lovely ladies – Tara, Anne, and Alicia. Our topic was Craft + Money: Intermediate to Advanced Techniques for Monetization, and you can check out the live blog transcript here. We had …