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REVENUE READY CREATIVE | Grow Your Art Business Online, Art Business Coaching, Increase Productivity, Passive Income for Self-Employed Artists
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12. What's in Your 2025 Creative Online Business Budget? (Here's my 2025 Budgeting Wishlist!)
Manage episode 449589303 series 3596555
Inhoud geleverd door Heather Allen, MGIM-MBA | Author & Art Business Consultant for Creative Professionals, Heather Allen, MGIM-MBA | Author, and Art Business Consultant for Creative Professionals. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Heather Allen, MGIM-MBA | Author & Art Business Consultant for Creative Professionals, Heather Allen, MGIM-MBA | Author, and Art Business Consultant for Creative Professionals of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Raise your hand if you have a clearly defined budget and a strategy for investing in yourself as a small business owner in the year ahead.
I don’t see a lot of hands up. Let me rephrase...
Raise your hand if you’re not quite sure what to budget for, business-wise, or where to make minor shifts and adjustments to invest in yourself and your creative business.
Okay, more hands are up now.
When it comes to business budgeting, most people keep on keeping on with what they’re doing without making time for this type of assessment.
However, budget planning is for anyone and everyone. It doesn’t matter how much income or revenue is flowing through your business, large or small.
Think of a budget as a wishlist. And what a perfect time of year for creating a wishlist.
Start by thinking really BIG and expansive. Then get down to the nitty gritty numbers to figure out what’s essential and where to start.
For example, your 2025 wishlist might include heavy duty equipment. Okay, great. What’s that going to cost? Is that something you can plan for?
Or if your 2025 wishlist sounds anything like mine, there are mostly small budget items that are more about deciding to use different digital tools.
This is a great time of year to put a business budget together.
Here’s why:
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- Budgeting now gives you a chance to invest in yourself and your business in a smart way because there’s typically money to be saved through Black Friday and Cyber Monday discounts
- Typically before people start their annual planning and strategic plans for the year ahead
- Your budget gives you a baseline to make more realistic goals for the year ahead
- Basically tells you what essentials / must haves need to be in place to operate and function as ideally as possible
I’ll walk you through what’s on my list and why. This is sure to inspire you, so take notes and get your 2025 business budget going!
Next Steps:
- Find more information at www.HeatherAllenOnline.com.
- Buy a copy of the book "Let Your Creativity Work for You: How to Turn Artwork into Opportunity" by Heather Allen, MGIM-MBA at www.HeatherAllenOnline.com/book.
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