Bookkeeping for Crafters

It is common to be intimidated by math and money, but managing your business’s finances doesn’t have to feel overwhelming. Bookkeeping for Crafters with Lauren Venell will give you the confidence and skills you need to start and maintain your own small business ledger.

Lauren is an artist and educator committed to making financial solvency accessible to independent entrepreneurs. In Bookkeeping for Crafters you’ll learn the basics of managing your money and how doing it yourself can reveal important opportunities for your business.

You’ll learn about managing different types of income and expense accounts and how to painlessly prepare for tax time. Lauren will make predicting fluctuations in your cash flow straightforward and easy while helping you develop a system that is right for you – even if you prefer pen and paper over spreadsheets.

If you are ready to change your relationship to money and manage a ledger that is customized to the way you do business – this is the class for you.

Be sure to check out Lauren's other course Bookkeeping for Etsy Sellers.

• Intro & Overview of Bookkeeping
• Why Bother Bookkeeping?
• Your Sustainable Wage
• Cash vs. Accrual Accounting
• Chart of Accounts
• Understanding Cost of Goods Sold (COGS)
• Marketing and Selling
• Product Development
• Covering the Bases: Labor and Insurance
• Sales Tax: Consumption, Sales, & Service
• Understanding VAT
• Sales Tax: Retail & Prepaid
• Bookkeeping for Income
• Understanding Inventory & Equity
• Bookkeeping for Expenses
• Updating Your Inventory Effectively
• Tracking Your Expense Receipts
• Keep Business & Personal Separated
• Product Profitability
• The Value of Your Materials and Outsourcing
• Product Choices and Marketing Spheres
• Demonstrating Your Market Knowledge
• Documenting Money Flow
• Identifying Profit and Loss
• Budgeting Forecast and Goals
• Cash Flow Forecasting
• The Four Ps and the Importance of Pricing
• Pricing Formulas
• Pricing Etiquette Don't
• Return on Investment (ROI) of "Free"
• Focusing on Free
• When to Reinvest or Take Money Out
• Personal Finance