Owning a PYOP (Paint Your Own Pottery) studio is an incredible adventure—one filled with creativity, community, and, let’s be honest, a bit of chaos. You wear a hundred different hats: artist, event planner, customer service guru, and sometimes even plumber (because someone always clogs the sink with paint water). But when it comes to finances? That’s one area where you don’t want surprises.
A solid banking setup is the unsung hero of a thriving studio. It keeps your cash flow organized, your expenses in check, and your business running smoothly, so you can focus on what you love—helping people create something beautiful (and maybe even profitable).
If you took out a loan to start or expand your studio, keeping an account with that lender is a smart move. It strengthens your relationship with the bank and makes future financing easier. But traditional banks aren’t always designed with creative businesses in mind. That’s why a modern banking platform, like Relay, can be a game-changer.
PYOP studios don’t operate like traditional retail businesses—you have workshops, private events, inventory, and seasonal shifts to manage. Your banking should be just as adaptable. Relay allows you to:
Ever given an employee a company card and then worried about what they might buy? Relay lets you issue debit or credit cards with spending limits and category restrictions, so your team can pick up supplies without the risk of overspending.
Bookkeeping should be simple, not another art project. Relay integrates seamlessly with accounting software like Xero, keeping your financials clear, organized, and ready for tax season (without the panic).
While many payments are digital these days, some customers still love to pay in cash. A local bank is useful for making deposits, but Relay helps keep everything else digital, making it easier to track and manage finances.
A hybrid banking approach—using both a modern system like Relay and a traditional bank for cash deposits—gives you the best of both worlds. You get the flexibility, security, and automation of digital banking, while still keeping a local connection for those moments when cash comes into play.
Your studio isn’t just a business; it’s an investment in your future. Having the right banking system in place ensures that your business supports you, not the other way around.
PYOP Accounting is here to help you streamline your finances, optimize profitability, and build a business that truly works for you. Because let’s face it—life is too short for financial chaos, and your energy is better spent creating something amazing.
Want to make banking effortless? Check out Relay at relayfi.com and see how it can transform your studio finances. (And tell them Donna sent you!)
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Donna Bordeaux, CPA with PYOPAccounting.com
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.
