Inventory, manufacturing process, business success topics for small DTC manufacturers.
bookkeeping tax
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!
As a maker, one of the first things to realise is that you are not just a retailer of your goods - you are also a manufacturer of them. Why does this matter? Well for starters, it changes everything about the way you need to report your end of year revenue and expenses to the IRS.
Not sure whether to use FIFO, LIFO, or weighted average cost for your handmade business? Here's what each method means in practice — with real maker examples — and which one Craftybase uses automatically.
We show you why it's important to know the difference between your indirect and direct expenses when running a craft business.
inventory management
The IRS doesn't care how small you are. If you make products from raw materials, you're required to track inventory. Here's what Publication 334 says — and the best way to keep track of inventory for your small business.
Most craft sellers track materials — and miss half their actual costs. Here's the full list of expenses to track for your craft business in 2026, including the Etsy and Shopify fees that quietly eat your margins.
Find the right NAICS code for your craft business. We list the most common Schedule C activity codes for soap makers, jewelry makers, candle makers, potters, woodworkers, bakers, and more.
Confused about NAICS codes for your clothing business? We break down the most relevant codes for cut-and-sew makers, online clothing stores, custom apparel, and everything in between.
handmade success
Good record keeping for your craft business means tracking income, expenses, COGS, and inventory — so tax time doesn't become a crisis. Here's exactly what to track and how.
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Because they don't know what their products actually cost to make.
Every week, one practical tip on pricing, materials, and COGS — the numbers that turn a busy craft business into a profitable one.
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