Inventory, manufacturing process, business success topics for small DTC manufacturers.
bookkeeping tax
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 handmade seller.
We discuss inventory shrinkage and how you can better manage inventory loss as part of your manufacturing process.
handmade success
We cover the need-to-knows of getting started with record keeping for your craft business.
Ever wondered if it was possible to use QR codes to track your stock? In this article, we'll show you exactly how you can use these little handy images to track and manage your raw material and product inventory.
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