Make your money perform!
During this webinar you’ll hear from two industry experts who understand the challenges of being self-employed in the arts.
Learn how to organise your financial data, prepare for tax-time, and why having the right technology and team on your side is key to leveling up your money management.
Watch the Webinar now
As part of our ongoing professional development series "Keeping Track" brought together two industry experts, Lauren Thiel and Oliver Garside, to address common financial challenges faced by creatives and provide practical advice on building a successful artistic career.
About the panel
Lauren Thiel is founder of boutique accounting firm, The Real Thiel. A Chartered Accountant and Tax Agent with a passion for the arts on a mission to educate, empower and motivate everyone working in the creative industries. Lauren founded her first Company, a dance school at just 22, and today continues to contribute to the arts through her role as Treasurer, Board member and Festival Producer of the Cabaret Fringe Festival, and as a comedian, producer and dancer.
Oliver Garside is the Co-Founder & Director for Rounded - Simple invoicing and accounting built specifically for Australian creatives. He builds content and commercial partnerships, regularly presenting to freelance groups and industry associations and he's been instrumental in establishing Rounded as an ethical company, dedicated to supporting and advocating for Australia's creative freelance and sole trader workforce.
Key takeaways
Avoiding the Common Challenges Faced by Creatives:
- The importance of financial literacy for artists
- Strategies for budgeting and managing cash flow effectively
- Overcoming obstacles related to taxes and bookkeeping
The Transformative Power of the Right Team:
- Identifying the roles and skill sets needed to build a successful team
- Collaborating with professionals who understand the creative industry
- Leveraging the strengths of a team to enhance business growth
Finding the Right Accountant:
- Understanding the role of an accountant in the creative industry
- Key considerations when selecting an accountant
- How an accountant can provide valuable guidance and support
Essential Tools for Artists to Get Ahead:
- Exploring technological solutions for financial management and invoicing
- Recommended software and platforms tailored for Australian creatives
- Leveraging technology to streamline administrative tasks and focus on creativity
Delivering Results with the Right Team:
- The impact of a well-rounded team on artistic projects
- Maximizing productivity and efficiency through teamwork
- Building long-term professional relationships within the industry
Practical Tips for Setting Yourself Up for Success:
- Setting clear financial goals and milestones
- Developing a solid business plan for artistic ventures
- Cultivating a proactive and sustainable growth-oriented mindset
Keeping Track was recorded on Tuesday 16th May, 2023.
Image Credit: Cheers & Connect Event, Jack Timberlake 2023
Image Description: A crowd gathered outside in a courtyard on a sunny day with large pink and blue umbrellas shading them.