Book keeping

Sugar_Coated_Owl

How do you work out what it cost you to make 1 card in the first place? How do you know how much profit you have made on the card?

pjs_3

Im selling the cards at local toddler groups and small village type craft fairs and fetes. Most of my sales are to mums at the school gate and my family and friends. My rubber stamps I sell on ebay. This is really a hobby that I do in the evening when the kids are in bed, but gives me a very small bit of profit for little treats. I am also employed part-time. I work out the cost of my cards based on the price of the A4 card (makes 2 cards) and the envelope and the embelishment I put on the card. Although Im mainly drawing my own illustrations now. I dont allow any costing for my time. Most of my cards sell for 1.50 and cost about 30p-50p to make. I make lots of personalised ones as so many children have names with unusual spellings these days.

windswept

I don't think that you can beat an old fashioned accounts book for keeping records. mine is a book for "small cash businesses" from makro, I just fill mine in once a week, in between I keep all receipts, customer invoices etc. in the book with a rather large paper clip, then when everything is written down, it is all transferred into the relevant folders-dead simple.