One thing long-time freelancers have known is that keeping track of the numbers is important.
- How much do you charge?
- What is your total income?
- What are your total expenses?
- Can you pay the rent this month?
With more journalists being laid off and with more news groups looking for alternative funding methods, more and more people in our profession need to "Do Numbers."
Once again the wonderful Poynter Institute comes to the rescue by pointing out how we can all do our jobs better.
Dorian Benkoil has a great blog on the third annual "New Business Models for News" conference at the City University of New York’s Graduate School of Journalism.
CUNY Conference Shows Journalists Must Understand Business
Highlights:
- If you’re going to be an entrepreneurial journalist, or even a journalist in a small entrepreneurial environment, you had better concern yourself with the way things work on the financial side.
- You’d better take an interest in the spreadsheets that represent your income and expenses, and cash flow statements that will determine if you can meet payroll every week — even if that payroll is just you.