Financial Management in the creative and cultural industries is all about getting the right financial result by managing your income and expenditure. Many creative entrepreneurs tell me that finance is not their forte; they are driven by a creative passion and find financial management boring or confusing – or both. Creative people are often not …
Tag: cash flow
Winning in Hard Times
How will creative businesses cope in the economic downturn? That’s a question that I have been asked many times recently, both in the UK and overseas. In response, I make the following points: Though the general economic situation is difficult, the recession will not affect all businesses equally. It is not inevitable that all businesses …
… and what we didn’t do
The most focused creative enterprises are clear about where they want to go and have a clear vision of the future and exactly what ‘Success’ means. In a ‘Designing Your Creative Business’ workshop for creative entrepreneurs in Taipei, sponsored by the British Council in Taiwan and the Taiwan Design Centre, I suggested a technique to …
Your ‘Financial Control Panel’
Finance and accounting are often regarded as the boring side of business by creative people, but those who ignore it are not in control of their business destiny. It’s like driving a car without looking at the dashboard. Successful entrepreneurs don’t need to look at all the detailed financial information but do need sight of …
Creative Commons licence
Copyright Information and Creative Commons. David Parrish’s works Most copyright work has the phrase “All Rights Reserved” attached to the copyright notice, for example: “Copyright © David Parrish. 2015. All Rights Reserved.” Strictly speaking, this means that it is forbidden to copy the work in any way, shape or form, without the express written consent …