#79 | 3 Bookkeeping Mistakes Interior Designers Make with Morgan Boudreaux

Interior Designer's Business Blueprint   The messes never clean themselves up but somebody who knows what they're doing has to get in there to help kind of right this ship.   In today's episode, Morgan Boudreaux, from Business by the Book, a full-service accounting firm that works directly with interior designers across the country joins me. Business by the Books started as a family-run business founded by Morgan's mother, Sherry Wilson. Today they have a team of bookkeepers who are passionate about taking care of financial tasks so that their clients can do the things that they love, design, create and build successful businesses, and spend time with their families. They have been my personal and trusted bookkeepers for four years and I can share firsthand the difference when working with their team who truly understands finances around interior design businesses.   Here's a glance at this episode… We discuss the difference between profit and loss statements and income statements. Morgan shares the distinctions between using cash vs accrual accounting. We dive into when to hire a bookkeeper and how to look at this as a necessary (and extremely beneficial) expense for your interior design business. Morgan shares the top 3 bookkeeping mistakes that interior designers make (and how to change them!) Mentioned in this episode:  JOIN: Interior Designer's Business Blueprint FREE DOWNLOAD: 7 Habits of Highly Profitable Interior Designers FREE Masterclass: 6 Part Framework for A Thriving Interior Design Business Dear Kate: Submit your questions for the show! Business by the Book PODCAST: Simplify your Bookkeping with Morgan Boudreaux 🎯 Learn More: Interior Designer's Business Blueprint - https://www.designersoasis.com/blueprint   WANT MORE?  🛒  Template Shop - 10% off the shop PODCAST10 (Limit one use per customer) 🔖 Interior Design Business Articles   ⬇️  Free Resources   FOLLOW ALONG 🤳Instagram  📍  Pinterest  📺 YouTube    -------------------------------------   ***Rate, Review, & Follow on Apple Podcasts*** FOLLOW this channel so you never miss an episode! - https://www.youtube.com/@DesignersOasis   EPISODE WEBSITE ⇗- designersoasis.com/episode/3-bookkeeping-mistakes-interior-designers-make-with-morgan-boudreaux  

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