Have you heard the term Owner Draw, but you’re not really sure what it covers? Are you sure you understand all the types of transactions that can be considered an Owner Draw? Today I’m going to go through Owner Draws and lay it all out for you. So...
As you get your creative business up and running, there’s so many things to understand. The question I get a lot is what is a Tax ID or EIN number? Do I need one? What is it used for? How do I get one? Today we’ll discuss when you need a Tax ID/EIN, how to...
Did you know the second that you receive money in exchange for a product or service or even something that’s part of your side hustle, you’re considered a sole proprietor? I’m going to make sure you understand what that means for you and show you how...
Have you ever wondered how to pay yourself? Can you confidently say that you are paying yourself correctly? When you’re rocking your creative business and you’re finally making money, you will still have personal bills to pay. How to pay yourself is a...
I handle the bookkeeping for Creative Entrepreneurs and recently noticed many transactions hitting my clients’ books from VENMO. I instantly did a little research to figure out what VENMO was. I quickly realized why it was so popular. Venmo is a peer to peer payment...
This post may contain affiliate links. This means I may earn a small commission at no extra cost to you. Many Creative Entrepreneurs find themselves traveling at some point for their business. Whether it’s to travel to a destination wedding to capture the event or...