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Summary: When setting up a graphic design business, keeping good records is extremely important to organize clients, payments, bills and taxes. Hire a bookkeeper before starting up a business in the graphic design field with information from the creative director of a design firm in this free video on graphic design.
In addition to being creative director of Wm. Fridrich Design, William Fridrich has 35 years of experience as a commercial photographer and an extensive portfolio of personal work that...read more
"Generally I'll think about it in photographic terms. And if that doesn't work, if that doesn't solve the problem. Then you know, there's other options. There's illustration and there's a bunch of things that you can do. So I was, I was kind of, doing that. And I kind of, just kind of, slid into it. You know, you need to set up a business. You need to do a DBA. You need to you know, you need to get an accountant. And you know, this doesn't have to be high end stuff. But you need to think about that. You need to think about keeping track of your expenses. You need to think about taxes. Taxes and expenses and all of those things are very important for the artist. Because you know, it's money going out. But it's also money that you can use as write offs, things, expenses. Things that, ways that you can, you can use the tax code to build your business. And those are important. So keeping records and one of the first things I did. I think in the first couple of years. That I was in business for myself was get a Book keeper. Get a hold of somebody who keeps track of money coming in. And the money going out. Somebody that handles your receivables and your payables. So that you're not paying things twice. You're collecting all the money that you should. That you're keeping tax records and paying your you know, if it's Sales tax. That sort of thing. You need to keep track of that. Because if you don't follow that. They will get you. And that will hurt your business. You'll pay fines and you'll be unhappy."
eHow Article: How to Set Up a Graphic Design Business