Inventory, manufacturing process, business success topics for small DTC manufacturers.
inventory management
Studying your discrepancies is a hugely important part of the stocktake process as it allows you to gain more knowledge about your production processes. Only with this knowledge in hand can you begin to make improvements to your process, your products and your bottom line.
Stocktaking, if done regularly and as part of a bigger process of constant improvement can lead to huge positive changes in your business, some of which will directly impact your bottom line.
bookkeeping tax
We explain, in simple terms, periodic and perpetual inventory systems and the pros and cons of each.
We discuss how to implement a good labelling system for your handmade inventory.
We discuss the inventory terms and codes you need to know as a handmade seller.
Stuck on how to track materials that you measure by the drop? We show you some options.
We discuss the methods you can use for selecting the products for each of your cycle counts.
Download our free craft show template and get organised for your next handmade market!
We discuss the considerations around how to select the best bookkeeping software if you are a handmade business.
Thinking of setting up or purchasing a spreadsheet to get your handmade inventory under control? Before you do, you'll want to read this.
Some small manufacturers start tracking lot numbers using written logs and excel spreadsheets, however as the exact relationship between purchases, manufactures and orders can be quite complex, the use of a spreadsheet can lead to errors and inconsistencies as your business grows.
Inventory tracking is not just about manually counting your products and ingredients once every year - it can be so much more than this and can have massive benefits to your cake making business.
This guide shows you exactly how you can better manage your inventory and stock levels on Etsy.
How to generate SKU codes that allow you to locate and track your products on Etsy.
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.
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