Inventory, manufacturing process, business success topics for small DTC manufacturers.
bookkeeping tax
If you are just starting your craft business and need some advice, or need some guidance on what to do next in order to grow your handmade business further then definitely consider arranging a mentor meeting with SCORE.
If you store your inventory and product samples at home in a dedicated location, you should be eligible to claim for business use of this space without needing to meet the usual "exclusive use" test.
We explain what Etsy sellers need to know about the 1099K form, what you'll need to do with this form and what to do if you don't receive one.
Unfortunately, Etsy doesn't currently provide a easy way of obtaining your financial sales information for tax time. We show you an easier way!
As a maker, one of the first things to realise is that you are not just a retailer of your goods - you are also a manufacturer of them. Why does this matter? Well for starters, it changes everything about the way you need to report your end of year revenue and expenses to the IRS.
We discuss the advantages and disadvantages of each inventory valuation method, showing you the best one to use for your manufacturing business situation.
We show you why it's important to know the difference between your indirect and direct expenses when running a craft business.
inventory management
We show you why it's vital to track and report on your inventory - ESPECIALLY if you are a small business.
There are many tax expenses involved in running your own professional craft handmade business - we guide you though some of the most common ones.
We outline the Principal Professional Activity (NAICS) most relevant to your handmade craft business.
handmade success
We cover the need-to-knows of getting started with record keeping for your craft business.
We ♥ to help makers just like you to become more successful. Please join our newsletter to receive regular updates and actionable tips on how to take your maker business to the next level!
We care about the protection of your data. Read our Privacy Policy.
We ❤️ helping small-batch makers like you become more successful.
Join our newsletter to receive regular updates and actionable tips on how to take your business to the next level!
* We hate spam as much as you do!
