Banking, Bookkeeping, and Accounting for your Photo Business - S01 Ep 04

Portrait Session: The Photography Podcast for Portrait Photographers

English - June 19, 2018 12:00 - 1 hour - 66.2 MB - ★★★★★ - 133 ratings
Visual Arts Arts Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Going Legit - Establishing Your Business as a Legal Entity - S01 Ep 03

Next Episode: Portfolio Building and Culling the Right Way - S01 Ep05

Erica and Connor discuss the things to consider in getting your business set up with a bank account and give our recommendations for things like bookkeeping software, business lines of credit, credit cards, and accounting. Then, on Sticking Points, Connor sits down with Evan Criscuolo to discuss the finer details of being in business as a fine art photographer and why that is a path he might want to consider.

Season 1 Episode 4: Accounting & Finances

Open a bank account for the business

Not all banks are created equal

You’ll need your Federal Tax ID number to do this

Get an accountant

Bookkeeping Software

Quickbooks

Connor Likes Wave Apps

Freshbooks is another good option

Studio management software like 17 Hats

Deductions

Equipment

Mileage

Home office space

Receipt maintenance: Neat