#41 | Simplify Your Bookkeeping with Morgan Boudreaux

Interior Designer's Business Blueprint  Bookkeepers can help out clients as much as possible but it is so important that the business owner understands their business and the rules and regulations as well.    Today my guest is… Morgan Boudreaux Operations Director at Business by the Book, a bookkeeping service provider who specializes in working with interior designers across the US. As part of financial literacy month, I have invited Morgan here today to answer some common questions related to accounting in the interior design industry.  Here’s a glance at this episode… [04:00] I share my experiences with different bookkeepers and how important it is to find a great fit and stick with them.   [12:21] Morgan shares what questions an interior designer should ask when looking for a potential accountant and what red flags should they look for.   [18:30] I ask Morgan to set the record straight when it comes to the role of a bookkeeper and what common misconceptions about what a bookkeeping firm does/can do for your interior design business.   [20:30] If you feel behind in your bookkeeping, Morgan shares what to do when you’ve fallen behind.   [30:00] We discuss sales tax and tax compliance for interior designers to take into account. [40:00] I ask Morgan questions from our members such as common pricing for a bookkeeper and how/when to get started with a bookkeeper. I ask Morgan about client income and expenses on projects and the differences between retainers and invoices.   Mentioned in this episode:  JOIN: Interior Designer’s Business Blueprint Business by the Book WANT MORE?  - Template Shop - 10% off ANYTHING in the shop PODCAST10 (Limit one use per customer) - Blog - Free Resources FOLLOW ALONG - Instagram- Pinterest - YouTube ------------------------------------- ***Rate, Review, & Follow on Apple Podcasts*** "I Love the Designer's Oasis Podcast" please consider rating & reviewing my show. This helps support the show so I can continue to make more episodes just like this to support you and other designers.  Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! FOLLOW this podcast so you never miss an episode! Follow Now EPISODE WEBSITE ⇗- designersoasis.com/episode/41  

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How do I build an interior design business? How do I get portfolio-worthy projects? Do I “have to” offer full-service interior design? How do I charge for my services? What if I want to do things differently with my interior design business? How do I take my design business to the next level? Feeling overwhelmed? I got you friend. Welcome to the Designer’s Oasis Podcast. Consider this your place for a fresh drink of water for the inspired, creative, ambitious, and let’s admit it, occasionally overwhelmed interior designer. Whether you are just starting your interior design business or you’re looking to grow or scale, here you’ll find actionable, real-world, and above all SIMPLE ways to launch, establish, and scale your interior design business with confidence. Introducing your host, Kate Bendewald of Kate Bendewald Interior Design, real-life interior designer, mama, and CEO who grew her 6-figure interior design business on word-of-mouth referrals. Kate doesn’t believe in a one-size-fits-all approach to running your business. Instead, she offers authentic, approachable advice to help you start where you are.