Skoogdaddy CPF
Grumbler
Could you click on this topic quick enough ??? You wiley veterans out there are saying to yourselves... "IS THIS GUY A MORON ???" The subject title was to get you in here-- take it easy on me, I'm not stupid-- at least not totally.
Okay, sue me. I've been in business for myself for over 4 years. I wasn't exactly a "business man" when I started, I was just a dang good picture framer. After four years I've learned I needed to be both. UNDERSTAND: I KNOW I NEED to do inventory, I know it will show me where my spending habits suck, and I know it will show me how much "stuff" I exactly have. But where do framers like myself start ??? ((I know I'm not the only one, just the only one brave enough to admit it)). I know the first month of a new year is generally a good time to do it. I know I'm supposed to count all glass, matboard, moulding, prints, framed art, foamboard etc. But do I count scraps of matboard, foamboard and moulding ?? Where do they go on my list ?? What do I compare all this stuff too?? Do I wait until next year to compare it to what I have then ?? Where do I put this list of counted "stuff" when I'm done counting ?? I have the general understanding of "the concept" but what EXACTLY are its functions and purposes.
FYI, My business does continue to grow year after year, I'm a better "business man" now than ever before, there is still MUCH room for improvement however---I'm TRYING to do better. HEY! I've had a REAL an accountant now for over 6 months, whoo hoo! : -)
Please refrain from scolding me.
Okay, sue me. I've been in business for myself for over 4 years. I wasn't exactly a "business man" when I started, I was just a dang good picture framer. After four years I've learned I needed to be both. UNDERSTAND: I KNOW I NEED to do inventory, I know it will show me where my spending habits suck, and I know it will show me how much "stuff" I exactly have. But where do framers like myself start ??? ((I know I'm not the only one, just the only one brave enough to admit it)). I know the first month of a new year is generally a good time to do it. I know I'm supposed to count all glass, matboard, moulding, prints, framed art, foamboard etc. But do I count scraps of matboard, foamboard and moulding ?? Where do they go on my list ?? What do I compare all this stuff too?? Do I wait until next year to compare it to what I have then ?? Where do I put this list of counted "stuff" when I'm done counting ?? I have the general understanding of "the concept" but what EXACTLY are its functions and purposes.
FYI, My business does continue to grow year after year, I'm a better "business man" now than ever before, there is still MUCH room for improvement however---I'm TRYING to do better. HEY! I've had a REAL an accountant now for over 6 months, whoo hoo! : -)
Please refrain from scolding me.
