Bookkeeping for Crafters By Lauren Venell

LESSONS

1. Intro & Overview Of Bookkeeping
2. Why Bother Bookkeeping?
3. Your Sustainable Wage
4. Cash Vs. Accrual Accounting
5. Chart Of Accounts
6. Understanding Cost Of Goods Sold (COGS)
7. Marketing And Selling
8. Product Development
9. Covering The Bases: Labor And Insurance
10. Sales Tax: Consumption, Sales, & Service
11. Understanding VAT
12. Sales Tax: Retail & Prepaid
13. Bookkeeping For Income
14. Understanding Inventory & Equity
15. Bookkeeping For Expenses
16. Updating Your Inventory Effectively
17. Tracking Your Expense Receipts
18. Keep Business & Personal Separated
19. Product Profitability
20. The Value Of Your Materials And Outsourcing
21. Product Choices And Marketing Spheres
22. Demonstrating Your Market Knowledge
23. Documenting Money Flow
24. Identifying Profit And Loss
25. Budgeting Forecast And Goals
26. Cash Flow Forecasting
27. The Four Ps And The Importance Of Pricing
28. Pricing Formulas
29. Pricing Etiquette Don’t
30. Return On Investment (ROI) Of “Free”
31. Focusing On Free
32. When To Reinvest Or Take Money Out
33. Personal Finance

CLASS DESCRIPTION

Although many people find arithmetic and money intimidating, handling the financial aspects of your business doesn’t have to be difficult. Lauren Venell’s bookbookkeeping for Crafters will equip you with the knowledge and abilities required to launch and manage your own small business ledger.

Lauren is an artist and educator who is dedicated to helping independent business owners achieve financial stability. You will discover the fundamentals of money management in Bookkeeping for Crafters, along with how handling your own finances can lead to significant business prospects.

You’ll discover how to easily get ready for tax season and manage various kinds of income and expense accounts. Even if you would rather use a pen and paper system than a spreadsheet, Lauren will help you create a system that works for you and make predicting swings in your cash flow simple and easy.

This is the lesson for you if you’re prepared to transform your relationship with money and maintain a ledger tailored to your business practices.

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

CLASS MATERIALS

• Bookkeeping Resources.pdf
• Product Profit Calculator.xlsx
• Sample Invoice.pdf
• Sample Contract.pdf
• Fancy Ledger for Creatives.xlsx
• MileageDiary.pdf
• Simple Ledger for Creatives.xls
• Freelancers Rate Calculator.xlsx
• Crafters Sample Chart of Accounts.pdf

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