Turning a creative passion into a thriving e-commerce business is an incredible journey! But along with the excitement of launching products, the reality of managing sales tax, bookkeeping, and finance essentials can quickly feel overwhelming. So, what if we had a clear roadmap to handle it all?On this episode of Become Sensible, we tackle the complexities creatives face when managing sales tax compliance across multiple states, understanding bookkeeping needs, and setting up efficient systems for growth. Together, we explore how to stay compliant with tax laws, choose the right accounting software, and protect time for creativity without getting bogged down by numbers. Whether you're a new business owner or scaling up, this episode offers practical insights to navigate the financial side of your business confidently."Managing finances is a skill you can learn and master. It's all about starting strong and setting up systems that work for you."ConnectFollow me, Fiona Nguyen, on LinkedIn. Learn more about Balannx.Timestamps0:00 - Introduction to sales tax challenges for creatives2:00 - The basics of sales tax and digital product compliance5:45 - Understanding Nexus and state-by-state sales tax requirements8:15 - Tips for navigating multi-state tax obligations12:00 - Choosing the right accounting software for your e-commerce store15:45 - Why creatives need automated systems for bookkeeping18:30 - Handling bookkeeping and finances without interrupting creative flow21:00 - Essential questions to ask your accountant23:30 - Staying compliant with sales tax deadlines26:00 - Financial confidence through regular review and tracking systems28:30 - The biggest financial mistakes creatives make and how to avoid them Hosted on Acast. See acast.com/privacy for more information.

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