| Posted at 08:30 AM on January 08, 2009 |
Dear friends,
I've just received an article from House of Gems & I would like to share this information with you.
Costs of running your business:
These can include: Tools; Displays; Stationary; Cards;
Licenses; Professional insurance policies; Returns; Repairs;
Workspace (a room or space set aside for your work and storage);
Lessons and classes; Bookkeeping or hiring a book keeper for your
business and taxes; Sales forms; Charge card services and
machines; Bank services and fees; Furniture; Maintaining stock
and supplies (your money tied-up); Business publications;
Telephone expenses; DSL line; Computer and peripherals; Close-up
camera and lights; Postage; Delivery; Packaging; Auto mileage
expenses; Extra electricity expenses; Employees or assistants
(with employees come taxes, unemployment, and workers-comp insc.);
Donations; Samples; Wear and tear; Depreciation; Etc.; and
don't forget the time it takes you to run your business (if you were
someone else's employee, you'd be paid for this time).
Costs of promoting your work:
Promotion expenses can include: Photos; Brochures; Web site and
links; Yellow pages; Contests; Advertising; Donations; Etc, plus
your time.
Costs of selling your creations:
Venues: Direct retail sales: Open a store; Art and Craft shows; Flea
Markets; House parties; Mail order catalog; "Trunk shows"; Internet
sales; E-Bay; Wear your creations at your "9 to 5" worksite and sell
them; Etc.
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I'll try to post more information soon. ;)
Categories: Jewelry Making