Artist Resource Center - Accounting

Post date: Jan 6, 2012
0
No votes yet

Balance Sheet Basics...

The balance sheet is simply a snapshot of your business’s finances. Looking at

a series of balance sheets over time can help you see trends in your business

and plan for growth

A balance sheet has three parts: Assets, Liabilities, & Equity

Assets- things your business owns that have a cash value: money in various

accounts, equipment, investments

Post date: Jan 6, 2012
0
No votes yet

It is important that YOU write your business plan. Why? You will gain in-depth knowledge about your business, which will make it easier to answer lenders’ questions. The process of writing your business plan will clarify what is involved in making your business work successfully.

Post date: Jan 6, 2012
0
No votes yet

Financial knowledge is not something we are born with. It takes learning and practice. Just as you have practiced your art you need to work on financial intelligence. With some basic tools you can conquer both personal and business finances.

Post date: Jan 6, 2012
0
No votes yet

We have put together a sample profit and loss report to show you what a typical report should look like each month. If done accurately and consistently each month, you should be able to make financial business decisions based on facts instead of hunches.

Post date: Jan 6, 2012
0
No votes yet

Sample P&L statement sheet. Click below to download. 

Post date: Dec 12, 2011
0
No votes yet

Creative Capital prepared these notes for Creative Capital grantees, which may be useful for all grant seekers.

 

Expenses:

Pay yourself! This is a new concept for some artists, but it's smarter to figure out now what your time is worth, represent this time in your project budget, and raise money based upon these real costs than to underbudget the project and wind up maxing out your credit cards with expensive, last-minute charges and cash advances. Here are two ways to represent your time in your project budget:

Post date: Oct 28, 2011
0
No votes yet

A life built around playing guitar, painting landscapes or making movies has plenty of advantages. You get to do what you love, and sometimes you even get applause. What you usually don't get is a steady income.

The same tradeoff is familiar to real-estate agents, antique dealers and anyone else who's ventured into a profession that offers big dreams, large expenses, few guarantees and plenty of dry spells.

Post date: Oct 28, 2011
0
No votes yet

Courtesy of SavingAdvice.com

 

The image of the starving artist has prevailed too long. At the July 24-29 San Diego Comic-Con there were tens of thousands of people working in the arts. Of the 650 hours of events and presentations, only one hour was devoted to financial planning for artists. Here are the financial essentials that artists avoid at their peril.

 

Post date: Oct 28, 2011
0
No votes yet

Courtesy of Artonomy.

 

Money , So they say , Is the root of all evil today…

Post date: Oct 28, 2011
0
No votes yet

Financial Dictionary has definitions of over 300 financial terms. The dictionary was created to serve as financial education tool, helping anybody interested in learning about finance, money, and investing. The Financial Dictionary consists of definitions of the most popular and commonly used financial terms like loan, mortgage, financing, credit, credit card, bank, and more. 

 

 

 

Pages


PO BOX 66494
Houston, TX 77266-6494


713.868.1839


Fresh Arts |  The Silos at Sawyer 1502 Sawyer St, Studio #103 Houston, TX 77007

Cart