464: Power Talk Friday: Peter Lang: Understanding Your Finances #FreeTheDesigner

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Design, Business, Arts

4.9 • 810 Ratings

🗓️ 13 September 2019

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to Power Talk Friday! We are very happy to have Peter Lang, the Designer CPA, on the show with us today. Peter is one of the co-authors of LuAnn's book, A Well-Designed Business, The Power Talk Friday Experts. He wrote chapter two of the book, called 'Find The Best Accountant For Your Firm' because, as a creative, it can be really hard to lock down the financial side of your business. Today, Peter, who previously appeared in episode #349 of the podcast, talks to us about how he teaches designers to understand everything they really need to know about their finances. Listen in, to find out more. Peter is The Designer CPA and he genuinely loves working exclusively with design professionals just like you. He has a really strong desire to help creatives, and his goal is to help you to become a confident partner with him around the financial side of your business. Peter is based in Rhode Island but he works remotely with designers all over the USA. Tune in now, to find out what he has to share. Show Highlights: Peter and LuAnn are going to be doing Power Talk Friday together, at High Point, in October of this year. What Peter learned from the LuAnn Live event, last March. Having a great team does not mean that you should stop paying attention to your business. How Peter started teaching people about the right way to be looking at their finances. Why Peter won't work with certain people. Peter chooses to work with people who care. Peter talks about the different classes he teaches. The design industry is not straightforward when it comes down to finances. Peter understands this and he teaches you how to run your books accordingly. You want everyone on your team to be on the same page. Peter explains what his second course is all about, and how it was created specifically for the design industry. How these courses will prevent you from becoming marginalized by your CPA. Peter teaches you what you need to know about taxes. About the next course that Peter will be doing. About LuAnn's Power Talk Friday Tours. Bio: Peter Lang is a Certified Public Accountant licensed in Rhode Island and Massachusetts. He is the founder of The Designer CPA, a CPA firm that works exclusively with business owners in the design industry. He has worked in public accounting since graduating from Providence College in 2002. After working for several larger size firms in Boston and Rhode Island, Peter realized his true passion was to start a firm that specifically focused on designers. Peter currently resides in Rhode Island with his wife Carmen and their identical twin boys, William and Matthew. He enjoys running and golfing outside of work. Links: Website: The Designer CPA Power Talk Friday Tour Peter's Courses: Classes For Designers A Well-Designed Business®️: The Power Talk Friday Experts Mydoma Studio: A Well Designed Business Instagram: The Designer CPA Facebook: The Designer CPA Twitter: The Designer CPA Previous Shows Mentioned: Peter Lang #349

Transcript

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0:00.0	Hey, I want to give a shout out to my friend Susan Winterstein. You may know Susan from her two
0:05.5	podcast appearances here, episodes 164 and 717. In these episodes, Susan told us about her charity
0:13.7	that she founded Savvy Giving by Design. Now she has introduced the Savvy Giving Design Coalition.
0:21.1	The mission of both of these is to bring comfort and hope to families by transforming
0:26.6	kids' rooms into healing sanctuaries.
0:30.0	Previously, in order to help Savvy Giving by Design, you could open a chapter in your
0:34.9	own area and then design spaces for children in your area that are in need.
0:40.0	Now with the Savvy Giving Design Coalition, you can contribute and impact the lives of these children
0:45.5	without taking on the beginning of an entirely new chapter.
0:49.9	Savvy Giving Design Coalition operates through the collective efforts of you, the designer, as well as sponsors and volunteers.
0:58.6	This organization is making a real difference in these children's lives, and you can help now in whichever way feels right for you.
1:06.3	I encourage you to listen to Susan's two episodes to learn more and then visit their website at
1:12.2	Savvygivingbydesign.org forward slash design coalition. We'll also put that in the show notes. Welcome to a well-designed business.
1:36.1	My name is Luann Nygaara, and I'm so glad you found this podcast.
1:40.0	Together with my husband, Vince, and our partner, Bill, we have grown our company Window Works from the ground up.
1:45.9	So I know and I understand the challenges you face in running your interior design business.
1:51.6	I also know that your talent alone isn't enough to ensure your success.
1:57.1	So on this podcast, we talk about strategies and practical steps to help you grow your business.
2:03.5	But make no mistake about it, we have our share of fun here too, mix in with those aha moments that I love so much.
2:10.7	This isn't fluff.
2:11.7	Nobody has time for that.
2:13.3	Whether you are a new interior designer or a season designer, I am here to help you create
	...

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