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Bookkeeping tips to help you maintain the sustainable success of your digital design and marketing firm.

Digital Design - Focal Point Bookeeping

Digital Design: Balancing Creativity with Financial Sustainability

In the heart of every digital designer lies a dual passion: the drive to create and the hope to profit from one’s artistry. This balance can be delicate, often leaving designers grappling with the intricacies of financial management while trying to maintain their creative flow. But can the two coexist harmoniously? With strategic bookkeeping and…
Design and Marketing Company Finances - Focal Point Bookeeping

Design and Marketing Firm Finances

In the life of a digital design and marketing firm owner, the thrill of creating and the demands of managing your team and projects often overshadow the necessity of dealing with bookkeeping. The truth is, without solid financial records and an understanding of them, the potential for sustainable success in your business is limited. That’s…
5 Bookkeeping Mistakes to Avoid

5 Bookkeeping Mistakes to Avoid

As an experienced bookkeeper who works primarily with creatives, I’ve seen my fair share of bookkeeping mistakes. While I understand that creatives like yourself would prefer to focus on their craft, keeping accurate financial records is crucial for maintaining a successful business. Here are some of the most common mistakes I’ve seen over the years,…
Virtual bookkeeping solutions for home stagers, designers, and other creatives. - Focal Point Bookeeping

Why Your Accountant Shouldn’t Do Your Bookkeeping

Accountants and bookkeepers have two very different job descriptions. These professions may look similar, but bookkeepers are generally responsible for the accurate recording and classification of all financial transactions. Accountants, on the other hand, create reports to interpret those transactions and usually do tax preparation. While most businesses consult with an outside accountant once a…
Woman working on laptop - Focal Point Bookkeeping

When is it Time to Hire a Bookkeeper?

Take a look at that pile of paperwork on your desk. The growing stack of receipts, unreconciled credit card statements, and post-it notes of “to-dos” lie untouched while you focus on the growth of your business. Trust me; there is absolutely nothing to be ashamed of with this picture. In fact, if anything your focus is exactly where…
Money Management for Interior Designers - Focal Point Bookeeping

Interior Design Money Management

You have a tough job when it comes to managing your interior design business finances. For starters, client meetings and project work doesn’t leave a lot of time for administrative duties, including bookkeeping. You’re also often given large lump sums of money, but that money is spent in dozens of ways before you even make…
DIY Bookkeeping Tips - Focal Point Bookeeping

DIY Bookkeeping Tips

As an entrepreneur, your time is money. Every moment you spend doing administrative duties is time you’re not spending earning cash. To that end, my #1 recommendation is to outsource as much behind-the-scenes work as possible. I won’t go into a lot of detail about the benefits of outsourcing in this post, but it’s probably…
Bookkeeping Methods - Focal Point Bookeeping

Bookkeeping Methods: Cash Versus Accrual

Explore your bookkeeping options. You’re the expert at what you do and probably not in bookkeeping, so you may not understand the different bookkeeping methods available to you. Ignorance is often bliss, but it is important that your finances are managed in the way that is most helpful to your business. The differences between the two…

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