With shop ownership comes bookkeeping duties. There's no getting around it, but most upholsterers had no previous training in it before going into business. This month we asked upholsterers across North America how they learned to take care of the financial records in their shops. The bookkeeping trail usually begins when giving estimates for jobs. A down payment is often required before a job is started, which serves two purposes for the shop owner. It's a safeguard against loss should a customer back out on a job, and it also provides working capital for supplies. By getting this money up front, shop owners assure themselves of having money to pay their distributors.
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