CashflowĬashflow is the lifeblood of any business-but it’s especially critical for solo businesses. In the left-hand column, you also have a menu of tabs that will help you navigate through the setup-let’s go to the first tab, ‘Cashflow’, now. The main focus here is to simply give you a quick one-glance overview of your current financial position. These charts are generated from other sections and databases of the workspace, so we’ll be covering each later. Here, you’ll see 5 charts in the right column and 2 statistics in the left-hand column. The first piece of this template system is the home dashboard. In this post, we’ll walk through a Notion Budgeting & Accounting template-though it’s really more of a ‘system’-to help you stay on top of: The truth is, if you have a skillset to offer, know where to find clients, and have set your freelance rates correctly-there’s no reason to chronically stress over money as a freelancer.Īnd for those of you high earners out there thinking, ‘Hey, I’m not stressed about my cashflow, I just want a cleaner system to manage my finances.’, stick around. That’s not meant to be a jab at freelancers-I myself had absolutely no sense of financial planning when I was starting out (and for the first couple of years into freelancing, still, if I’m honest), and it led to real moments of panic, chronic anxiety and stress-all for little to no reason. However, a large factor also comes down to financial planning. There are some hard realities about freelancing which contribute to this-sometimes, the flow of clients and opportunities really does just dry up (even if you put in the same amount of effort), and sometimes luck is simply against you. In fact, one of the highest stressors reported by freelancers is ‘cashflow’, and with good reason. Financial life as a freelancer or solo business owner can be.
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