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!).
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 …
