creative business Archives | Numbers Knowhow https://numbersknowhow.co.uk/tag/creative-business/ Cash flow and financial planning made easy Wed, 18 Feb 2026 16:20:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://numbersknowhow.co.uk/wp-content/uploads/2022/02/cropped-Favicon-Cog.png creative business Archives | Numbers Knowhow https://numbersknowhow.co.uk/tag/creative-business/ 32 32 10 Tips For Creating A Sustainable Creative Business https://numbersknowhow.co.uk/sustainable-creative-business/ Tue, 02 Jan 2024 08:25:01 +0000 https://numbersknowhow.co.uk/?p=14102 It can be challenging to build a sustainable creative business. Every year, I see more and more businesses in the Arts struggling to remain profitable. It’s a fine line between doing what you love creatively and balancing the books. It can be done – but you’ll need to invest some time and energy into the support functions in your business. Here are 10 tips for maintaining your creativity AND your profitability.  1: Establish a clear vision for your creative business Artistic and creative business owners go into business to do the thing they love doing whether that’s photography, sculpture, expressive arts such as dance, music and so on. It’s a passion business which can often mean that the support tasks can get overlooked. Without a clear vision and plan, you can get caught up in the creative side of your business. You forget to give enough time to manage your numbers. Develop a long-term vision that incorporates both creative aspirations and financial sustainability. It’s wonderful to create stunning pieces of art or music. But if you can’t pay your bills on time, your business won’t survive no matter how talented you are. Regularly revisit and refine your business vision. Adapt […]

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]]> Cloud Accounting For Creative Businesses https://numbersknowhow.co.uk/cloud-accounting-for-creative-businesses/ Fri, 17 Nov 2023 11:48:47 +0000 https://numbersknowhow.co.uk/?p=13720   You’ve probably heard the term ‘cloud accounting’. But you might not be sure exactly what it is or how it could benefit your creative business. In this article, we’ll explore what you can do with cloud accounting. We’ll also consider why you might switch if you are currently using a paper or desktop-based accounting system. What is cloud accounting? Cloud accounting is simply accounting that’s managed online. The ‘cloud’ is a network of remote computer servers hosted on the internet that store and process data. As it’s all online, your data is backed up and always available. You can access it wherever you are and whenever you want to. Why is cloud accounting a good fit for creative businesses? Creative business owners are often out and about, away from your desk or office. You may be travelling for business, on a film or TV set, in the theatre, performing in concerts or gigs or supporting others at creative events such as fashion shows or exhibitions. When you spend a lot of time on the road, you want easy access to your business data.  What sort of cloud accounting packages are available? When we think of accounting, we often think […]

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