Can a Craft Business be Profitable: Sales vs Profits
Crafty Hands Club Magazine
English - March 28, 2021 04:53 - 13 minutes - 18.8 MBCrafts Leisure Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Tax Reporting Requirements for Craft Businesses and Hobbyists
Are you an existing craft business owner or someone who's aspiring to be one?
Here's what you need to know:
A craft business can be profitable in spite of the "starving artist" myth.
Running a craft business don't mean products and services should be sold at a clearance.
In this episode you'll learn:
The basic business numbers you need to know
Why knowing your business numbers matters
The difference between sales and profits
How to make the numbers in your business work for you even when you have a net loss