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November 30, 2017

When you charge a fixed rate, a pricing strategy is part art, part science, and part wine. Trust me; you need the third one to take the edge off. In short, there’s not a one-size-fits-all formula for setting your project rate. Creating a pricing strategy takes time, thick skin, and loads of flexibility. What you […]

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November 8, 2017

You know you need to pay yourself. And you’ve even been told how: ask your accountant, don’t take out more than you need, be consistent yet flexible, use last year’s performance as a benchmark, and anticipate your gross profit for the next 3, 6, 9, and 12 months. All great tips. But knowing when it’s […]

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November 3, 2017

As a creative business owner, your mornings aren’t always consistent. Some days begin with quiet cups of coffee and peaceful meditation. While others are a blur of granola bars, last night’s makeup, and missed deadlines. In your defense, Halloween was on a weekday this year. Either way, the beauty of being an entrepreneur is flexibility. […]

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October 28, 2017

In the last two blog posts, we talked about shifting your money mindset, building wealth, and raising your prices as a creative entrepreneur. As bookkeepers, our instinct is usually to emphasize the bottom line, the spreadsheets, and the dollar bills — important stuff…100%! However, in light of recent events, we decided to circle back to […]

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October 22, 2017

Budgeting can be a roller-coaster. One day, you’re on top of bookkeeping. You organized your receipts, your credit card is paid up, and you have a nice buffer of savings in place.   But the next day, everything starts to go downhill at a rapid pace. Your hands may not be in the air, but […]

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October 18, 2017

In last week’s post, we showed you how to determine your living (and desired) hourly wage. If you missed it, bookmark this post and then come back after reading Part 1. This week, we’re diving into how you can set higher prices your customers are gosh darn excited to pay! Get to know your market […]

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October 9, 2017

Every creative entrepreneur experiences uncertainty. Your workload feels overwhelming. Your creativity is stretched thin. And when you look back at the week, the value you gave out doesn’t equal the cash you took in. So, is the hustle worth the entrepreneur life? Yes! You’ve got options. And mail…probably. Some of those options are by-the-book financial […]

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September 29, 2017

Whether you’re a new entrepreneur or launching your second venture, it’s no picnic making a consistent income — the type that pays your bills and you, every month. But, before you go melting into a pile of stress, agony, and Red Bull, give yourself some credit. After all, one survey shows 37 percent of wannabe […]

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September 21, 2017

If you’re like most creative entrepreneurs, you crave knowledge. You read 10 to 15 blog posts per day. Listen to a podcast every time you drive. And watch YouTube tutorials while chopping veggies. And while being self-taught is admirable (seriously, we’re impressed), many of these information rabbit holes lack the substance of a good old […]

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September 8, 2017

Are you paying quarterly taxes this year? Don’t worry. You’re in good company. The IRS website says, “As a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly.” Although it’s common, maybe you’re new to paying quarterly taxes–and all the other responsibilities that come with being a creative […]

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