Business Advice

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Top tips to keep your craft business profitable

31/07/2019

No matter how much product quantity your business turns over or how much your customers love your fabrics, your business needs to make a profit! Sewing pattern designer Janice Pope offers some of her own top tips to keep your business in the black... Analysis and evaluation: There are many different ways to examine your business. The easiest is the P & L.A Profit and Loss report that should be available with your accounting software. Be sure to run this report regularly and spend some time examining it. Look at classes and events your store uses. Keep the ones that are profitable and try some new...> MORE