You’re making sales, filling orders, and working your tail off. So why is there so little money left to show for it? Before you decide you need to sell more, here are four things I’d look at first—and why the problem might not be profit at all.
More sales don’t always mean more profit! Discounts may bring in customers, but how much money are you actually keeping? Learn how discounts affect your handmade business’s pricing, costs, and bottom line.
Free bookkeeping software can sound like an easy answer, but not every program gives a handmade business the information it needs. Here’s what to look for and which free options are worth considering.
Tracking craft fair sales can get messy fast when you’re working the booth alone. Here’s a simple way to keep track of what sold, how customers paid, and what needs to happen in your bookkeeping after the market.
Making good sales at a craft fair doesn’t necessarily mean it was profitable. Here’s how to track the income, expenses, time, and other details that help you decide which markets are actually worth doing again.
A busy handmade business is not always a profitable one. Learn how your bookkeeping can help you compare products, income streams, craft fairs, costs, and the time you put into your business.
Selling more crochet doesn’t automatically mean making more money. Kelly Thomas of Crochet Business School breaks down why the numbers often don’t work—and what crochet business owners can do instead.
Putting your own money into your handmade business isn’t business income. Learn how to record an owner contribution when you deposit money into the business or pay a business expense personally.
