Inventory, manufacturing process, business success topics for small DTC manufacturers.
inventory management
We show you how creating a location naming system for your inventory can make you a more organized crafter.
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.
We walk you through how to get the sales and order data you need from Etsy's reporting and downloading options in our comprehensive guide.
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.
handmade success
Having a consignment channel can be a great way of complimenting your online and craft show efforts as it gives you an opportunity to reach new customers and gain more sales. We show you how to make this channel a success.
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.
Why generic bookkeeping packages not built for handmade sellers are typically not the right choice for craft sellers.
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.
We show you why it's vital to track and report on your inventory - ESPECIALLY if you are a small handmade seller.
Optimising your packaging can make a huge difference to your handmade profit margins. We give you some ideas on how to make your dollar stretch further, without sacrificing quality.
We outline the Principal Professional Activity (NAICS) most relevant to your handmade craft business.
marketing
We show you the best places to sell your craft products online - updated for 2024
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