How To Do a Profit & Loss Statement

As we head into tax season, let’s look at one of the most useful tools for running a small business — the Profit & Loss Statement.
The content you are trying to access is only available to members.
As we head into tax season, let’s look at one of the most useful tools for running a small business — the Profit & Loss Statement.
The content you are trying to access is only available to members.It’s an inevitable part of getting better at comics. You look back on your earlier work and cringe. (And the better you’ve gotten, the more intense your regret!) Then, perhaps as you’re considering your first printed collection, the thought crosses your mind: “Maybe I should re-do these…”
You shouldn’t. I’ll tell you why.
The content you are trying to access is only available to members.Brad Guigar has categorized the information shared by creative individuals into three groups. Dave Kellett has a couple of his own to contribute. Of the five, only one is useful. Identifying the others can help you avoid making some significant mistakes.
Today’s show
It’s one of the great Good News/Bad News situations in independent comics: Someone wants to buy your work! That’s wonderful! But… how do you determine a price?!
The content you are trying to access is only available to members.In light of a gradual breakdown of social media, one of my areas of focus is to find non-social-media methods to promote my comic. Getting invited to talk about your comic on a podcast can be an effective promotion. But many comic creators just aren’t very good at talking. And you can’t promote if you’ve bored the audience to tears. It’s OK if you’re not naturally lugubrious behind a microphone. With over a decade of podcasting experience, I’ll tell you the one secret that will turn you into an amazing podcast guest.
The content you are trying to access is only available to members.Poor Man’s Copyright is a system of attempting to establish copyright through mailing a copy of the art to yourself (some people suggest using Certified Mail). The artist then files the envelope — unopened. If their copyright ownership is ever threatened, all they need do is open the envelope (in a court of law, one supposes) and present the document with a flourish. Some prominent artists even advise young people to use Poor Man’s Copyright. There’s only one problem: It’s complete bullshit.

This week’s episode is sponsored by Hogan’s Alley magazine! We’ll discuss those moments in our careers when we said, “F*** me! That actually worked!” Also, a listener writes in to say that they want to take our advice and make the jump to Bluesky, but it causes too much anxiety.
Sponsor
Hogan’s Alley magazine sponsors this week’s episode! In the next issue, they’ll cover the Tijuana Bibles and much more! Get your copy now!
Today’s Show
If you have a copy of my book, “The Webcomics Handbook,” you can find a discussion of my Cascading Brainstorming technique on pages 52 and 53. The pages look like this…

Here’s a step-by-step tutorial on how this process works.
The content you are trying to access is only available to members.Communicating a long URL is one of the most frustrating parts of promoting a Kickstarter. Sure, you’re provided a truncated version. But have you ever tried to point podcast listeners to http://kck.st/2HQTXbr? Luckily, there’s a better way.
The content you are trying to access is only available to members.In a Webcomics.con Poll, we asked: “If I could hire one person to help my webcomics business, it would be a(n)…” The results weren’t particularly surprising. The top response (27%) was “Business Manager.” But here’s the real question…
The content you are trying to access is only available to members.