How to Make 2025 Your Most Profitable Year Yet

by Caroline Van Wassenhove, CPA | Dec 16, 2024 | Financial

This article is featured in Dakota Design Company’s Year End Playbook 1. UNDERSTAND YOUR FINANCIAL POSITION Before looking at 2025 profitability, it’s important to understand your company’s current financial position. A good indicator of the future is the past, and...

Mastering Cash Management: The Profit First Approach for Interior Designers

by Amy Staves, MAcc, BBA, CFE | Sep 26, 2024 | Financial

HOW MUCH CASH IS MINE? Ever wonder how much money in the bank account(s) is actually yours? Have you been advancing vendor payments on behalf of your clients? Or have you been using your own personal funds to complete a project or pay for operating expenses? You may...

Three Numbers Every Interior Design Business Owner Should Focus On With CPA for Interior Designers

by Caroline Van Wassenhove, CPA | Jul 29, 2024 | Financial

This article originally appeared on Dakota Design Company’s website.  Visit them here. Welcome back to the first 2024 edition of Dakota Design Company’s Guest Expert Interview series on the blog. We’re thrilled to share expertise from female business owners and...

How Healthy is Your Design Business? Three Financial Indicators to Future-Proof Your Business

by Katy Olsen | Jun 18, 2024 | Financial

(Reprinted with permission, originally featured in Studio Designer, features Caroline Van Wassenhove, CPA.) You can tell a brocade from a damask with your eyes closed. But when it comes to assessing your business’s long-term health, hazardous blind spots abound. It’s...

Studio Designer: New Year, New Start

by Caroline Van Wassenhove, CPA | Jun 18, 2024 | Financial, Studio Designer

(Originally featured in Studio Designer.) A New Year brings new opportunities for a fresh start. Now is the time to reflect on the last year and put systems in place to set yourself up for a successful year ahead. Below are some best practices I recommend for Studio...

Interior Design Accountants & Bookkeepers: How are we different?

by Caroline Van Wassenhove, CPA | Jun 18, 2024 | Financial

Over the years I have had the privilege of working in a variety of industries, but the one that stands out to me is the Interior Design industry. I don’t know if it’s the beautiful furniture, the pops of color, or the one of a kind art pieces, but it continues to...