Accounting and Taxes for Your Fashion Resale or Boutique Business

So what will this course cover?

• Module 1 - Setting Up Your Fashion Business
  • What You Need To Get, What You Need To Decide On
• Module 2 - Accounting 101
  • I'll introduce the basics of Accounting so you can get familiar with the terminology in accounting, business and the course!
• Module 3 - Setting Up Your Books and To Dos
  • What Software To Use, What To Make Sure You're doing
• Module 4 - Inventory
  • Accounting for it and Tracking It - personal items, resale items, boutique/retail items
• Module 5 - Sales
  • Factors and Things to Consider When Pricing Your Items
• Module 6 - Expenses
  • types of expenses like Cost of Goods Sold, General & Administrative Expenses that you can include in your business
• Module 7 - Recordkeeping, Financial Statement & Financial Analysis
  • I'll teach you how to read financial statements and how to decipher the common basic financial analysis ratios
• Module 8 - Income Taxes
• Module 9 - Sales Tax
• the most complex topic! I will cover the general basics of sales tax, how they are calculated, when they're calculated

Kreithchele is a multi-passionate small business owner. She owns and is the founder of:

• Kreithchele, where she is a business and transitional and transformational coach, consultant, connector and educator
• KB Business Consulting, where she works with local CPA firms and small businesses with their accounting and business consulting needs.
• Krangele's Closet, a fashion resale business which also offers consignment services, styling, closet curation, and personal shopping services
• Arbiterista, a networking group which serves female entrepreneurs
• Incidentally Inspirational, a group for young adult widows that helps them go from surviving, to living, to thriving

Kreithchele has bridged her expertise in accounting and her love of fashion to create this digital course to teach those who own a fashion resale or boutique business the basics of accounting and taxes.

Prior to this starting KB Business Consulting in late 2014, she was in public accounting for over 15 years and has been a CPA in California since 2002 (currently inactive). She has provided audit, accounting and business advisory services in various industries including not for profit, SEC, manufacturing, distribution, software, service, real estate development, government, and construction. In addition to her capacity as a CPA, she enjoys mentoring, networking, marketing and business development.

Kreithchele is a member of numerous professional and networking organizations. She is active in the Orange County business community and serves as a volunteer and member of various non-profit organizations in Orange County.

Kreithchele is a resident of Newport Beach, California and enjoys traveling the world, checking out new restaurants and hotspots, and attending live music. She is a self-proclaimed foodie, a lover of rooftop bars and a lover of foie gras. She loves spending time with her partner Ken.