How I Calculate My “Break-Even” Cost, Part I: Materials
Remember the first part of the equation from yesterday? materials + labor + overhead = “break-even” cost Today, let me break down for you the cost of the materials I use. Many of the materials I buy...
View ArticleHow I Calculate My “Break-Even” Cost, Part II: Cost of Labor
A few days ago I shared the following equation for calculating the break-even cost for a product. Here it is again: materials + labor + overhead = “break-even” cost Yesterday I showed you the cost of...
View ArticleHow I Calculate My “Break-Even” Cost, Part III: Overhead Costs
Two days ago, we covered the cost of materials. Yesterday, we discussed the cost of labor. Today, let’s cover overhead expenses. This is the last piece of the puzzle needed to calculate the...
View ArticlePaychecks, Profits, and Prices
As I have mentioned before, research has shown me that the two biggest mistakes I could make as a seller are (1) not charging enough, and (2) not planning for growth. Both of these can be avoided by...
View ArticlePaychecks, Profits, and Prices (Continued)
Yesterday, I left you with this: “break-even” cost + ? = wholesale price Today, let’s discuss this: wholesale price x 2 = retail price Calculating the retail price of an item is really pretty...
View ArticlePaychecks, Profits, and Prices (Continued) (Again)
Alright! Are you ready for the last piece of the pricing puzzle? wholesale/retail price + additional fees like those charged by paypal & etsy (and shipping and applicable taxes) = the price that a...
View ArticleOur Bathroom Vanity
I figured it was finally time to make good on my promise to share my bathroom vanity makeover. You may recall from this post that one of the main things I wanted to do to this bathroom was get rid of...
View ArticleTop 10 Tips for Garage Sale Shoppers
On Monday, I shared some tips for hosting a good garage sale. Most of those came from my experience as a garage sale shopper. While hosting our garage sale a few weeks ago (my experience as a garage...
View ArticleA Framed E and a Framed K Plus an O
For our master bedroom leaning ledge (which I’ll be showing you in its entirety next weeks when I reveal our Master Bedroom), I challenged myself to spend no more than $5 on any one frame. There are...
View ArticlePlaymat Purse: Sugar Plum Fairies
This was the 2nd or 3rd Playmat Purse I ever made. I sold the first one well over a year ago. Duplicates have been listed for sale in my etsy shop ever since. But I just realized that I never posted it...
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