This Post and the “How to grow from a freelance designer to a full firm” are exactly the type of guidance most of us are seeking, but many successful folks, keep to themselves. THANK YOU!!!, for your continued willingness to share with the masses. I have done freelance design for quite sometime, Ive always had the dream of opening up my own firm, but didnt really know how to, other than work & promote, i really didnt quite understand the roadmap for it (not to say this is it) but your post offered me much more than i have learned in over 7 years desiging, networking & researching. With so much informationon on the web, it is easy to get steered in the wrong direction. The companies ive worked for in the past & present have fuled the never ending thirst to own my own design firm. Coming from a background in restaurant/retail management its always been second nature for me to grow the business by looking over p&l’s budgets, trends, etc., so i agree with you about the importance of financial records being maintained for tax purposes but also for you to research and see where your money is going, where its been and what expenses to control if not eliminate.

In a Nutshell…
Thank You a million times over…