Same goes for your business finances. You can't improve what you can't measure, and you can't measure what you can't find. So, let's dig into those accounting books and do a little spring cleaning--which is a whole lot easier than you think.
The first step to better understanding your numbers is a specific organization. We call it "managerial accounting."
This Organization Works
When you think of accounting, you probably think of an accountant or software like QuickBooks. Yes, they give you tax-based accounting for preparing accurate tax returns, but that will not help you manage your business more effectively on a daily basis. What you need to do is restructure that same data so it's useful to YOU--an artist and business owner, not an accountant.
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