Implementing the Profit First method for your interior design accounting is a multi-step process, but it doesn’t have to be a complicated one. Maybe you’ve read the book and learned the method, you’ve opened all of your different bank accounts, and now you just need...
Unless you’re an interior design bookkeeper or accountant by trade, budgeting is probably the tool that first comes to mind when you think about managing your money. From personal finances to your interior design business, budgeting is often the first and only step...
Most of us have experienced the childhood thrill of having a bucket full of candy after going trick or treating on Halloween. It is so easy to stuff yourself full of candy at the beginning. There’s a seemingly endless supply of candy at your fingertips, after all! But...
Implementing Profit First in your interior design business can feel overwhelming. All of the new information may have you feeling like you’re trying to drink water straight from a fire hydrant. Usually, situations like this merit advice such as “take it one step...
Whether you’re an accountant or not, you probably have a general idea of how to manage your businesses’ money. The method you use may look something like: Make money through salesPay bills, supplies, and misc. expenses Then, if there’s money left, take a...
Restricted cash flow is always a symptom of an issue in your internal money management practices. Similarly to getting a diagnosis at the doctor – it’s often worth it to dig in and see if you can’t find out what’s causing the sickness you’re experiencing....