Confused about pricing or cost of goods sold? You’re not alone. Here you’ll find maker-friendly guides on tracking materials, calculating COGS, and pricing your products with confidence (and profit!).
Still using that mythical “Materials x 3′ rule to price your handmade products? You’re not alone. Too many makers price their work based on what “feels right” or what someone else told them to charge. In this post, we’re setting the record straight — and figuring out what your fair hourly wage really is.
Starting August 29, 2025, the de minimis exemption for imports under $800 disappears — meaning more fees, slower shipping, and possible headaches for handmade business owners. Whether you order supplies from overseas, buy from domestic suppliers, or ship internationally, these changes could impact your costs and timelines. Here’s what you need to know and how to adapt.
Bookkeeping for designers is very different than for product makers – especially when it comes to keeping track of the cost to design a knit or crochet pattern. Designers have SO MANY questions: If so, the Bookkeeping for Designers – Free Training session is for you! How to sign-up for the free training: Once you …
Yarn support and bookkeeping – is it really necessary? Yarn support is when a yarn company gives a designer free yarn to use in a knitting or crochet pattern design. Some people will argue that the yarn isn’t a gift to the designer, but rather a collaboration for both parties – with benefits. While I …
Calculating business use of home costs so that we can add that amount into the final cost of our finished items is important – but also very tricky. Many handmade business owners (including myself) sort of work all over the house. The IRS has some pretty specific rules for taking a business use of home …
Tracking costs of little parts and pieces that go into your final finished handmade creations can be totally mind boggling! Here are some tips which we talked about in a live Facebook video this past week. No matter what you make there are always going to be items such as this that are hard to …
