If you graduated from art school, a trade school, or even with a liberal arts degree, you know that they don’t teach you how to go into business for yourself.
Suddenly, besides designing and dealing with clients, we’re thrust into this world of accounting, bookkeeping, and finances. After all, a business that doesn’t make money is just a hobby, and it doesn’t put food on the table.
Unless you can afford an accountant, you learn about the financial side of freelancing on your own…and sometimes, through the school of hard knocks.
So I’ve put together a list of “beyond the basics” financial terms (with examples!) all freelance designers should know to help you get on the right track to a profitable business…and understand your bookkeeping software.
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