Why Online Artists Need Business Banking Separation Now
The digital art economy has exploded, with online artists earning substantial income through platforms like Etsy, Instagram, NFT marketplaces, and direct commission work. However, many digital creators still mix business and personal finances, creating unnecessary complications that become more problematic as income grows.
Art Fair Season Finances: Budgeting and Tracking Your Exhibition Investments
Art fair season is like the creative world's version of the retail holiday rush – exciting, exhausting, and potentially very profitable if you do it right. But here's what most artists and galleries don't talk about: art fairs can also be massive money drains if you don't approach them strategically.
Beat the Summer Slump: Cash Flow Strategies for Creative Businesses
Summer is here, and if you're in the creative business world, you know what that means: the dreaded summer slump. People are on vacation, art galleries see fewer visitors, online sales might dip, and suddenly your cash flow feels as sluggish as a hot Texas afternoon.
Tax Planning for Artists: Why August is the Perfect Time to Prep for Year-End
Most artists think about taxes in March when their CPA calls, or worse, in April when they're scrambling to file. But here's what successful creative entrepreneurs know: August is actually the perfect time for tax planning.
Featured on Behind The Hustle: Building Dots and Digits Accounting
I recently had the opportunity to sit down for the second interview in the "Behind The Hustle" series, where I shared the real story of how I began and built Dots and Digits Accounting from the ground up. The "Behind The Hustle" series was designed for bookkeepers to share their authentic startup journeys. What challenges did we face in the beginning? How did we land our first clients? What strategies actually worked? This series provides unfiltered insights from bookkeepers who have walked the path and built successful practices.
6 Artists That Help Me Feel Mindful
In our fast-paced digital world, finding moments of true presence can feel increasingly rare. At Dots and Digits Accounting, we believe that mindfulness extends beyond meditation cushions into how we engage with creativity and art. The right artistic expressions can serve as powerful gateways to mindfulness, helping us slow down, reconnect with our senses, and appreciate the beauty of careful craftsmanship.
Long-term Art Investment: Strategies from Gallery Professionals
The art market isn't just about aesthetic value – your art is a complex investment where strategic financial planning can make the difference between a thriving gallery and a struggling one. As accountants specializing in the art world, we've gathered key insights from successful gallery professionals about managing long-term art investments.
Onboarding Artists? Don't Forget This.
As an accountant for art galleries, I've seen firsthand how challenging it can be to manage artist relationships while keeping your books in order. Whether you're a seasoned gallery owner or new to the art world, proper onboarding procedures can save you countless headaches down the road. Let's dive into the essential steps for setting up your DIY bookkeeping system to handle new artists effectively.