Ryan and Becca dive into the importance of maintaining separate bank accounts for business transactions, efficiently tracking expenses, and staying on top of quarterly tax payments. They also discuss the value of understanding business structures and managing finances, sharing helpful resources for every stage of your business journey.
Maker of the Moment
- Hayden Swanson - @livinthedreampottery
- Ishara Sweeney - @I.e.ceramics
Resources
Kiln Management and Repair with Becca Otis - February 12th at 1pm EST
IRS write offs: https://www.irs.gov/forms-pubs/guide-to-business-expense-resources
Mileage tracker - https://www.bench.co/blog/operations/mileage-trackers
https://www.score.org/
Sign up for one of Ryan's upcoming bookkeeping workshops
Listeners Questions
On this episode:
- Why do people only want to buy mugs?! @gooseandswanpottery
- I’ve recently started a home studio, I’d love to know how to maintain a budget and file those taxes! How do you keep track? Pile of receipts? Excel sheet? What counts as a write-off? I realize this might be a question for a CPA but any insight would be helpful. @palermoceramics
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Sponsors
L&L Kilns - The durable kiln that potters trust to fire evenly & consistently. Find your L&L kiln at hotkilns.com
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