Inventory, manufacturing process, business success topics for small DTC manufacturers.
bookkeeping tax
Discover essential bookkeeping tips for Etsy sellers to manage finances effectively! Learn about inventory tracking, utilizing software like QuickBooks and Craftybase, understanding Etsy fees, and hiring financial help. Perfect for makers aiming for profitability and growth.
We discuss the features you need to consider when selecting accounting software in 2024 as an Etsy seller.
We show you the easy (and surefire way!) to calculate your Cost of Goods Sold (COGS) accurately and with a minimum of fuss.
We discuss how cash based accounting may not be the best option for your handmade business.
We discuss the considerations around how to select the best bookkeeping software if you are a handmade business.
Confused about your tax obligations as a handmade seller? Read on to find out how to stay on the right side of the tax man.
inventory management
Thinking of setting up or purchasing a spreadsheet to get your handmade inventory under control? Before you do, you'll want to read this.
We discuss the different structures available for US businesses, and show you the advantages and disadvantages of each one.
Wondering if your handmade business is considered a hobby or a business? This article will explain the finer details from a tax perspective.
If you are sole trader that makes your own products then Quickbooks Self Employed (SE) is most likely not your best option - we discuss why.
This article discusses how shipping label costs from your Etsy sales can be claimed on your tax return.
If you are just starting your craft business and need some advice, or need some guidance on what to do next in order to grow your handmade business further then definitely consider arranging a mentor meeting with SCORE.
If you store your inventory and product samples at home in a dedicated location, you should be eligible to claim for business use of this space without needing to meet the usual "exclusive use" test.
We explain what Etsy sellers need to know about the 1099K form, what you'll need to do with this form and what to do if you don't receive one.
Unfortunately, Etsy doesn't currently provide a easy way of obtaining your financial sales information for tax time. We show you an easier way!
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