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.
Bookkeeping can feel confusing, exhausting, or easy to put off. Let’s look at six common thoughts that keep handmade business owners stuck—and the practical steps that make the work more manageable.
Coaches love to talk about adding more revenue streams, and I’m not against that. But before you toss product sales, pattern sales, class income, ad revenue, affiliate commissions, and random rebates into one big “Sales” bucket, let’s talk about why that can make your reports muddy fast. Other Income and Other Expenses may sound like boring bookkeeping leftovers, but they can help you see what’s actually working in your handmade business, what belongs somewhere else in your books, and what just made the month look better than it really was.
Overhead expenses are all those behind-the-scenes costs — rent, website hosting, shipping supplies, subscriptions, and more — that keep your handmade business alive… but often get ignored when you price your creations. This post shows you how to gather your expenses, calculate a realistic hourly or per-item overhead cost, and bake that number into your prices so you stop working for free.
A free handmade product pricing calculator that helps you calculate actual COGS, labor, overhead, profit, wholesale pricing, markup, margin, and more.
