While accounting isn’t the most glamorous part of your design business, it can speak volumes in terms of your financial health. Having solid processes in place from the beginning can help you understand the financial side of your design business, and help you create the lifestyle you love as you continue to maintain your business and grow.
A positive Working Capital indicates that your business has good short term financial health, which will help you secure debt funding, such as a loan. Keeping an eye on this metric also just makes you feel confident in your business as you continue to grow, and who couldn’t use a little more peace of mind in their lives?
By fostering your creativity and childhood imagination, you can build a better sense of self that will translate positively into the rest of your life. If you’re ready to kickstart your creativity and add some fun to your life, check out these 5 activities that will help you feel renewed, inspired, and ready to jump into your next project.