Pricing may be one of the biggest challenges facing makers today. Not only is the act of determining price difficult in and of itself, makers must also deal with market pressures outside our control that effect price. I mentioned in a previous post that Etsy recently posted a link to one of my cozy/cuffs on …
Last week, I hit 300 sales in my Etsy shop(!), but it got me wondering, “am I focusing too much on number of sales?” If you’re an Etsy seller, chances are there’s one number you notice again and again, and that’s the number of sales a shop has. Whether its your shop or someone else’s, …
I spent a small portion of yesterday fighting with Quickbooks, so I’m curious to know: What’s your favorite accounting method? Ok, maybe favorite is too strong a word. What’s your preferred method for accounting and bookkeeping? Or what are you currently using? Paper and pencil? Excel spreadsheet? Quickbooks? Are you happy with your method, or …
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One of my major goals for 2010 is to focus more on the numbers behind my business. As in diligently keeping up with my record keeping, analyzing my sales, and figuring out how to maximize profits. I’ll take a cold hard look at ROI (return on investment) and think about ways to up my ADS …