Arts/Crafts Business Sitemap - Page 1 2016-09-26

- By Category
An index of categories in the

Starting an Arts / Crafts Business - Ten Steps to Business Success
Before you start a crafts business, it's important to be completely prepared so you don't set yourself up for failure. This includes preparing a business plan, assuring you have adequate financing and keying into your target market. Read the ten recommended steps to take prior to starting an arts / crafts business.

Easy Instructions to Prepare Form 941
If you have even one employee for your arts and crafts business, you have to submit Form 941 four times a years. While this form is pretty easy to fill out once you do it a few times, it can be confusing the first time you tackle the job. This article gives simple, easy-to-follow instructions on how to fill out Form 941: Employer's Quarterly Federal Tax Return.

Finding Resources for Your Arts/Craft Business
Useful information and links regarding finding supplies, resources and other tools-of-the-trade for arts and crafts businesses.

How to Start an Arts and Crafts Business
Find out how to start an arts and crafts business. Learn everything you need to know from estimating start up costs to finding a market for your crafts. This is a one stop shop for all arts and crafts business beginners.

Guides to Bookkeeping, Accounting and Product Pricing
Accounting and bookkeeping information for arts and crafts businesses. Find out about important topics like picking out out accounting software, depreciation, inventory, mileage and pricing.

Arts and Crafts Business Management
Management tips and strategies for arts and crafts businesses. Learn how to classify labor, hire and pay employees, manage business credit and vendor relations.

Arts and Crafts Glossary of Terms
Alphabetical explanation of arts and crafts creative, technical and business terms. Definitions, purposes and applications to your arts/crafts business.

Arts and Crafts Success Stories
Profiles of successful artists and crafters. How they got started in the arts/crafts field, the keys to their success and their advice for fellow crafters.

Collecting and Paying Taxes for a Arts and Crafts Business
Information about tax issues for arts and crafts businesses including what taxes you are liable for, when they are due and how to pay them. Find out how to legally maximize business deductions.

How to Write a Business Plan for an Arts/Crafts Business
A business plan is essential for craft business startups. It's required for financing but more importantly writing a business plan focuses you and forces you to address important issues such as dealing with competition, setting prices and finding suppliers.

Selling Your Arts and Crafts Through Consignment
Learn how to sell your arts and crafts through consignment, pick the perfect location and establish the terms of the consignment.

How to Sell Your Crafts Wholesale
Learn how to sell your arts and crafts wholesale,from finding craft expos, trade shows and reps to setting up your production line and buying supplies in volume.

Legal and Paperwork Requirements for Crafts Businesses
Learn how to select a business entity and what paperwork is required to keep your craft business legal. Find out how to work around home-based business zoning issues.

Marketing Arts/Crafts Businesses - Advertising Arts/Crafts Businesses
Articles, links and other resources on how to market and advertise an arts and crafts business including how to write a press release to being featured in your local newspaper's Style section.

Opening a Craft Store
Learn how to open a craft store beginning with finding a great location, deciding how to set up window displays, stock shelves and how to find reliable merchandise vendors.

Craft Show Information and Guide to Events
Information about finding, exhibiting at and attending craft shows with links and reviews, from your About.con guide to Arts/Crafts Businesses.

Setting Up a Website and Selling Your Arts and Crafts Online
Learn how to sell your arts and crafts online. From developing a your own website to selling through online craft marketplaces, this is the place for all your cyber-crafting needs.

Tips for Starting a Knitting Craft Business
Thinking about starting a knitting craft business? Your primary objective is to make sure you can make a profit while turning your love of knitting into a craft business. This article contains my tips on starting a knitting business from selecting knitting patterns to finding knitting resources.

S Corporations - What are S Corporations or S Corps?
The S corporation is another example of a flow-through type of business entity. S Corporations have limited liability like corporations but taxed as a sole proprietorship. Find out more about how this type of business entity works.

Paper Mache - A Type of Paper Crafts
Paper mache is one example of paper crafts. Dating back to AD 200, this type of craft is inexpensive and easy to learn. Plus, it can be incorporated into other arts and crafts designs to add surface interest. Find out the basics of making paper mache.

How to Start Selling Crafts on Etsy and Setup a Shop
If eBay’s the king in online marketplaces, the queen for crafters is Etsy.com. Etsy accepts listings for handcrafted items, is an online marketplace for supplies and also allows listings for vintage items.

How Artists Figure Cost of Goods Sold
Figuring cost of goods sold is the first step in setting a price for your arts or crafts. This article walks you through the typical cost of goods sold expenses an artist may have.

Supplies and Raw Materials for Making Goats' Milk Soap
It's very easy to make goats' milk soap from scratch. Find out what supplies and raw materials you need to make your own goats' milk soap. This articles provides information about the basics and add-ons such as essential oils, herbs, flowers and grated fruit peel.

Using a Knitting Machine
Walk through the different parts of a simple home knitting machine. You'll find out how to set the gauge and what different needle positions mean. Plus, you'll discover that even simple home knitting machines have the ability to produce more than the stockinette stitch.

Examples of Arts and Crafts Product Descriptions
It may be impossible to please all your customers but you can increase customer satisfaction and decrease returns by including a complete product description for every item you sell. This is especially true for items you sell on the internet since your customer won't be able to see the art or craft product in person prior to purchase. Check out these examples of arts and crafts product descriptions.

Beehive Co-op - Cooperative Craft Marketplace
Beehive Co-ops offer both arts / crafts business franchise opportunities and select highly qualified arts / crafts busineeses to work with Beehive as wholesalers. Find out about the franchise fees, the advantages and how to get started with Beehive.

Reporting Equity - Corporate Equity Section of the Balance Sheet
Equity shows the combined total of your investment in the business. Another term for equity is net assets, which is the difference between assets, which are resources a company owns, and liabilities, which are claims against the company. Find out how to record equity on the balance sheet for a corporation.

Walking Through the Equity Section of the Balance Sheet
Equity shows the combined total of your investment in the business. Another term for equity is net assets, which is the difference between assets, which are resources a company owns, and liabilities, which are claims against the company. Find out how to record equity on a sole proprietorship balance sheet.

S-Corporation Equity Section of the Balance Sheet
Equity shows the combined total of your investment in the business. Another term for equity is net assets, which is the difference between assets, which are resources a company owns, and liabilities, which are claims against the company. Find out how to record equity on the balance sheet for a corporation.

Walking Through the Equity Section of the Balance Sheet
Equity shows the combined total of your investment in the business. Another term for equity is net assets, which is the difference between assets, which are resources a company owns, and liabilities, which are claims against the company. Find out how to record equity on the balance sheet for a partnership. Page 4.

Arts and Crafts Customer Invoices - Billing Customers
A fundamental of owning any type of business is preparing customer invoices. If you're a new arts and crafts business owner, you may be unsure about how to prepare one. Here are your customer invoicing basics.

Arts and Crafts Customer Invoices - Billing Customers
A fundamental of owning any type of business is preparing customer invoices. If you're a new arts and crafts business owner, you may be unsure about how to prepare one. Here are your customer invoicing basics.

Arts and Crafts Customer Invoices - Billing Customers
A fundamental of owning any type of business is preparing customer invoices. If you're a new arts and crafts business owner, you may be unsure about how to prepare one. Here are your customer invoicing basics.

The Three Different Types of Financial Statements
There are three types of financial statements: income statement, balance sheet and statement of cash flows. Each one serves a different purpose and contains different information. You should regularly review each one.

Tips for Preparing Customer Invoices - Billing Customers
A fundamental of owning any type of business is preparing customer invoices. If you're a new arts and crafts business owner, you may be unsure about how to prepare one that looks professional and provides all the payment information your customer needs. Find out the basic information you should include on each customer invoice. Learn how to prepare a manual invoice. Use QuickBooks? Find out how to organize your customer and jobs.

verywell
verywell. Arts/Crafts Business.

Business Mileage Tax Deductions at Standard Mileage Rate
If you drive your car in the normal course of running your arts / crafts business you have two methods to choose from when figuring your business mileage tax deduction. This article discusses using the standard mileage rate.

How to File Your 1040 Extension - Extending Your Tax Return
All individuals in the United States can opt to extend the submission of their federal income tax return Form 1040 and all attachments from April 15 to October 15. If you've never had to file an extension you may be a little nervous about doing it and want to be sure that you follow all the rules. Additionally, if you typically file as soon as you get your W-2, you may be wondering why anyone would want to file an extension. This article answers all your questions about extending.

Polymer Clay Dollmaking Supplies
If you want to use polymer clay to make dolls for your arts and crafts business, it's important to have the right tools. This articles gives you information about various polymer clay equipment and supply items. Of special interest is the polymer clay for dollmaking which eliminates the needs to use flesh-colored paints and a source for gorgeous, shiny mohair for your doll's crowning glory - their wig!

Expensing Vehicle Business Use
There are two methods you can use to deduct business vehicle expenses - the actual cost method or standard mileage rate. Some arts/crafts businesses are limited to one or the other. Lacking any limitation, you should pick the method that gives you the highest tax deduction over the life of the vehicle.

Pop-Up Retail Store Layout - Pop-Up Shop Advice
Page one of this series of articles about pop-up retail stores discusses finding the right location and mix of arts and crafts for your pop-up retail shop. Page two discusses pop-up shop management. This article wraps up the topic by covering tips for opening the pop-up such as visual merchandising, laying out your store plan and pop-up retail store pitfalls to avoid.

Directions to Make an Organic or Eco-Friendly T-Shirt
DIY easy instructions to make your own organic or eco-friendly t-shirt. Basic directions are for those with minimal sewing skills.

ArtFire.com- ArtFire is a Online Marketplace
ArtFire.com is a new online marketplace for artists and crafters. They offer a free 14-day trial. After that, an ArtFire studio costs $12.95 a month with unlimited listings with no fees or commissions. Find out more about ArtFire in a question and answer session with ArtFire's Member Engagement.

Managing Your ArtFire Studio - Selling Crafts on ArtFire.com
After you've selected a studio name and setup your Artfire.com account, your next step is to manage your studio. You'll select the color theme for your shop, provide your bio and studio information and upload items to sell.

Intellectual Property - Protect Your Products
Learn the difference between copyrights, trademarks, patents and licensing - four ways you can protect your intellectual property from theft.

How to Hold a Cooperative Craft Show - Eight Cooperative Craft Show Steps
If the art or craft show jury process seems a little intimidating, a good way to exhibit in craft shows is to form a cooperative and hold your own. Organizing a cooperative craft show is a lot of work but the money you can make and the experience you get out of the process can more than offset the set-up work involved.

The Five Basic Categories of Crafts
All crafts can be broken down into five major headings: textile, paper, decorative, fashion and functional. Check out the list below and you may have an ‘aha!’ moment. Sometimes we’re just so busy doing the everyday tasks that make up our business that we forget there are other complimentary craft areas we can expand into.

Introduction to Writing a Business Plan
Find out how to write a business plan by walking through the standard eight parts. Learn why writing a business plan is important and what type of information is contained in the appendix.

Vehicle Business Tax Deductions
If you drive your car in the normal course of running your arts / crafts business you have two methods to choose from when figuring your business mileage tax deduction. This article discusses using the actual cost method.

Comparison of the Three Different Types of Business Entities
Learn about sole proprietorships, corporations and flow throughs, which are the three different tyeps of business entities. When selecting a form of business entity, compare the tax, liability and management impacts of a sole proprietorship, corporation or flow through.

Figure Your 1040-ES Tax Deposit - Form 1040-ES for Sole Proprietorships
Kind of confused on how to figure a 1040-ES deposit amount? Here's an example walking you through the calculation for a sole proprietorship.

10 Steps to Follow Before You Start a Crafts Business
A list of the steps to take before starting a craft business and quick tips about each step.

How to Start a Monetized Blog
Walk through the steps for setting up a monetized blog using WordPress.org. You find out how to select a domain name and blog host. After that you find out about WordPress.orgs 5-minute installation and how to promote your blog.

Using Pinterest To Market Your Arts and Crafts Business
Learn how to set up a Pinterest business site. Add Pin It buttons to your web browser Favorites bar and create Pinterest boards.

Suggestions for Promoting Your Arts and Crafts Business
Suggestions for Promoting Your Arts and Crafts Business

Copywriting for Your Arts and Crafts Business
Having a great description for your product or an interesting artist statement is very important. Find out how to craft compelling copy that will attract customers both retail and wholesale.

Setting Up Spreadsheet to Organize Accounting Records
The second in a series of articles about organizing your accounting records, this article shows how to use a spreadsheet to track expenses. You also find out the definitions of key accounting terms like inventory and cost of goods sold.

Calculating the Amount of Federal Payroll Tax Deposit
After you prepare a payroll checks, your next step is to calculate the amount of employment tax you need to deposit. This article walks you through figuring the employer and employee federal payroll taxes you'll eventually have to deposit with the IRS.

How to Use the QuickBooks Price Levels Menu Option
The price level option is a handy QuickBooks tool allowing you to change the standard charges you enter into QuickBooks to bill out to your customers. You use them to modify standard customer billing. This option lets you quickly set up automatic price increases and decreases that you can apply to various customers or inventory items.

Registering an Arts and Crafts Business
If you’re a brand new arts and crafts business owner, you may be wondering if you need to register your business. The answer to this question depends on your individual business and where you operate it. Find out about zoning, business licenses, your Secretary of State and the Internal Revenue Service registration requirements.

Eight Steps to Register a Copyright
This article walks you through the procedure to electronically register a copyright on an original piece of work. Any original piece of work is automatically copyrighted regardless if it is published. However, registration is required to seek legal action against violators of your copyright.

Executive Summary - One Element of a Business Plan
The executive summary portion of the business plan is in the beginning of the business plan. The purpose of the executive summary is to give your reader a thumbnail sketch of the business.

Arts and Crafts Business Trends
Successful artists and crafts have to keep an eye on emerging trends and constantly be ready to modify business operations to make their art or craft work with what's selling now and in the near future. Check out the latest trends in the arts and crafts industry.

2014 Trends in the Arts and Crafts Business
Find out what trends will be popular in arts and crafts for 2014. Maintaining an eco-friendly business by recycling remains a relevant trend in 2014.

How To Turn Your Knitting into a Business
If you knit as a hobby and would like to turn your love of knitting into a profitable craft business, you may be afraid you'll never make a profit since it takes so long to knit a garment. To work around this problem, you may have to modify your knitting mindset somewhat. Check out my suggestions for transforming knitting from a hobby to a profitable craft business.

Jewelry Making Instructions
Check out these free DIY jewelry making instructions. Quick and easy - no soldering skills required.

Easy DIY Instructions for Making Hand Milled Goats' Milk Soap
Thinking about adding handcrafted soaps to your arts and crafts product line? Making hand milled goats' milk soap is easy and fun. Using my lye-free instructions, make your own hand milled goats' milk soap tailored to a specific need such as religious, health, beauty or relaxation.

Arts and Crafts Supply and Material Resources
Find the supply and material resources your need for your arts and crafts business. Information about online craft vendors.

Easy Instructions to Make an Eco-Friendly or Organic T-Shirt
Easy Instructions to Make an Eco-Friendly or Organic T-Shirt

Arts and Crafts Tools and Techniques
If you have been working in one area of art or craft for awhile you may need a refresher on different tools and technique that may be just what you need to incorporate into and your arts and crafts business to freshen it up a bit! You just may find out that you want to expand your arts and crafts products into another arena.

Electronically Filing Form 1096 and 1099-MISC
Arts/Crafts Business.

Using Juried Art Services Digital Jury System
Learn about using Juried Art Services to apply to enter arts and crafts shows such as the Smithsonian Craft Show.

Planning to Enter the Smithsonian Craft Show
Find out more about the Smithsonian Craft Show, the premier industry craft show held in Washington DC each April.

Sole Proprietors and Schedule C
Sole Proprietors and Schedule C. Arts/Crafts Business.

How to Depreciate Fixed Assets
Find out how to depreciate assets you purchase for your arts and crafts business. You find out about the Modified Accelerated Cost Recovery System (MACRS), which is the current tax depreciation system in the United States and special depreciation methods including Section 179.

Describing Your Company for the Business Plan
Learn how to describe your company for your arts and crafts business plan. This includes your executive summary and descriptions of your arts and crafts products.

Preparing the Marketing Plan Section of the Business Plan
Learn how to connect with customers by preparing the marketing plan section of your arts and crafts business plan.

American Arts and Crafts Movement - Examples of Movement Craftsmanship
Simple, clean and unpretentious describes the Arts and Crafts Movement. From Stickley's mission-style furniture to Steubens' art glass, check out a few home furnishing examples representative of the movement.

Hiring Contractors and Employees
Hiring Contractors and Employees

Setting Up Your Arts and Crafts Business Office
Learn how to organize your arts and crafts business office. Find out ways to save money by operating your arts and crafts business out of your home or using a business incubator.

Business Insurance
Learn about the different types of insurance you may need for your arts and crafts business.

Managing Customer Relations
Managing customer relations is an important part of being an arts and crafts business owner. Key to maintaining good customer relations is making sure the customer understands how you do business.

Dealing With Procrastination
Are you a procrastinator trying to get a new idea off the design table and into production and feel bogged down? Find out how to beat procrastination in your arts and crafts business.

Alternate Ways to Bring in Arts and Crafts Revenue
Part and full time arts and crafts business owners should pursue alternate ways to make money during slow selling seasons. It's only good business to piggy-back on your knowledge and skills by teaching or self-publishing about them.

Blog


Arts and Crafts Business Versus Hobby Expenses
If you operate as a sole proprietor, partnership, or S-Corporation to be able to write off your arts and crafts expenses, your work has to be regarded as a business rather than a hobby. The IRS has strict criteria as to the definition of a hobby versus a business. However, straight-up corporations are not subject to the IRS’s hobby loss rules. Find out the difference between being a hobby or a business for your tax return and how to account for each.

How to Report Craft Hobby Income and Expenses
If you operate as a sole proprietor, partnership, or S-Corporation to be able to write off your arts and crafts expenses, your work has to be regarded as a business rather than a hobby. Find out how to report arts and crafts revenue and expenses if you're deemed to be a hobby rather than a business. Page 2.

How to Make an Adjustable Bracelet Knot
Easy DIY instruction for making an adjustable bracelet knot. The adjustable knot lets the bracelet get larger so that it's easy to put on and with a pull of the bracelet cords, smaller so it has a snug fit.

How to Restore Your Computer to Factory Settings
Is your computer running slow? As a last-ditch effort consider restoring it to factory settings. Find out how to restore to factory settings and see a few alternatives to this extreme measure.

Naming Your Arts and Crafts Business
Learn how to pick a name for your new arts and crafts business. Find out about name recognition. Also discussed is picking out a name for your business that is descriptive of the type of art or craft you plan to market, taglines and picking out a website domain name.

Tax Considerations for Self-Employed Crafts Vendors
Handling the tax obligations of self-employed arts/crafts businesses can be confusing. Federal, state and local government can assess taxes. These taxes can show up in the form of income, sales, and use taxes. Find out more about the different type of self-employment taxes and which ones you may be liable for.

Five Types of Manufacturing and Merchandising Inventory
Your arts and crafts business will have a merchandise inventory if you operate a retail shop. Otherwise your inventory will consist of raw materials, work in process and finished goods.

How to Successfully Price Your Crafts
Your objective is to price your crafts so that you make a reasonable profit while not pricing yourself out of the market. It can be an art. Find out how variable and fixed costs plus perceived value factor into the equation.

Basics of Soldering - Jewelry Making Using Soldering
One method of jewelry making uses a hot torch to join pieces of metal using solder. Soldering is one of the most basic techniques in jewelry making, but also one of the hardest to master. Learn about the basics of soldering including jewelry making resources.

Collage Materials and Supplies - How to Make Collages
When thinking about collage, the first thing that pops into many heads is that collage is a paper craft. Certainly many wonderful pieces of collage art and craft are created using paper. However, collage technically involves combining any type of material that is the same. Therefore, in addition to paper collage artists can use other raw materials such as fabric, metal or wood. Collage using a mixture of materials is referred to as 'assemblage'.

Learning the Importance of Breakeven Point Analysis
An important first step when deciding whether to go ahead with a business idea, is whether you'll turn a profit. Breakeven point analysis helps you make this determination as it shows you how much you'll need to sell at a certain price to cover your costs.

Promote Your Arts and Crafts Business - Six Low-Cost Ways
Free and low cost advertising is always a good idea. Find out about different ways you can promote your arts and crafts business on the cheap.

Accounting Systems - Cash Receipts Journals
This article introduces the accounting system, which is the nuts and bolts of collecting, sorting through, and entering accounting data into business accounting software. Specifically, this article discusses the cash receipts journal which you use to record cash in and outs for your arts and crafts business.

Using Etsy.com to Market Arts and Crafts
If you’re involved in arts or crafts, you’ve more than likely heard of Etsy.com, an online venue for buying and selling handcrafted products. Like any online presence, maintaining an Etsy shop takes work. Find out more about how Etsy works and if it would be right for your arts or crafts business.

Types of Business Entities - Selecting a Business Entity
Every choice and necessary business action you take in the start-up phrase of your craft business can vary based upon the type of business entity you select. If you don’t have any prior experience working for yourself, it’s a hard decision. Luckily, you only have three choices from which to choose: sole proprietorship, flow throughs or corporation.

Bookkeeping Basics
While arts and crafts business owners work in the creative world every day, they also have to have a firm standing in the practical side of running a business. One of those many practical sides vying for your attention is keeping the books for your arts and crafts business. Not quite as fun as designing and whipping up a great arts and crafts sales item, but a business owner necessity.

Setting a Price for Your Arts and Crafts
Setting a Price for Your Arts and Crafts

Q - Z Arts and Crafts Glossary of Terms
Q - Z Arts and Crafts Glossary of Terms

Interviews With Arts and Crafts Business Owners
Find out what it takes to run a successful arts and crafts business! Suggestions from arts and crafts business owners working in many different venues.

Breakeven Point Analysis
An important first step when deciding whether to go ahead with an arts or crafts business idea, is whether you'll turn a profit. Breakeven point analysis helps you make this determination as breakeven point shows you how much you'll need to sell at a certain price to cover your costs.

Arts and Crafts Payroll
Learn how to prepare payroll checks for your arts and crafts business. You find out the difference between gross and net wages and what type of employment taxes you need to deduct from your gross wages.

Preparing Employment Tax Returns
Learn about the different tax forms your arts and crafts business is required to give to employees and contractors. Find out how to prepare forms 91, W-2 and 1099-MISC.

Learn How to Prepare an Income Statement
Learn how to prepare an income statements. Find out about the three major sections which are revenue, cost of goods sold and general and administrative expenses. All types of business entities prepare an income statement regardless if they are sole proprietorships, partnerships or corporations.

How to Find Local Arts and Crafts Shows
It's easy to understand the need to know the schedule of available arts and crafts shows within local driving distance. Many artists and crafters enjoy and find it profitable to exhibit at shows, but would prefer to do it locally. There is sound rational in that decision if you are a new artist or crafter or are just doing it part-time. Here are my suggestions on how to find local arts and crafts show.

Double Taxation and Corporate Distributions
There are few instances of double taxation in USA Internal Revenue Code. However, the taxation of corporate dividends and S-Corporation distributions are handled differently. Find out how to handle each one and why in the final analysis, neither is a tax-free transaction to you.

Guide to Using Licensed and Derivative Works in Your Designs
copyrights,copyright violations,derivative works, licensing

Selling Arts and Crafts on Consignment
Selling arts and crafts on consignment means you supply a shop, the consignee, with goods that their customers can buy. In return you receive a percentage of the retail cost when your arts or crafts item is sold. Find out the ins and outs of doing this and whether it's worth the effort.

Etsy: How to Add Items to Your Etsy Shop
Before you can sell on Etsy, you need to add items. Etsy has five templates to help walk you through this procedure. Your first step is to make sure you have a good description and images for your item.

How to Organize Your Accounting Records
DIY instructions on how to organize your accounting records so you can figure out your net income and taxable income. This article discusses using an off-the-shelf accounting software program like QuickBooks or old-schooling it by using spreadsheets.

Depreciation - How to Depreciate Assets
Long-lived arts / crafts equipment and supplies are subject to depreciation. Depreciation spreads the cost of arts / crafts assets over their useful life. Find out the rudimentary facts of depreciating assets.

How to Open an Arts and Crafts Retail Pop-Up Store
A pop-up shop is a short-term retail space that appears seemingly out of nowhere, quickly drawing in customers, and then disappears when the optimal selling season is over. Using pop-ups shops are a great way for artists and crafters to have a retail presence during major selling periods during the year without the hassle of maintaining a full time lease. Here are my tips for opening a arts and crafts retail pop-up store.

Understanding Variable Costs
This article explains variable costs, which are costs that go up and down depending on how much arts and crafts inventory or products you sell. This includes your cost of goods sold, credit card fees, shipping costs and sales commissions you may pay to sales staff who rep your arts and crafts items.

Three Reasons Why You Should Start a Craft Business
Before you start a crafts business, carefully consider why you want to do it. Being a self-employed owner of any type of business is not a direct pipeline to financial success. Going into a crafts business with this type of mindset can set you up for failure.

Creating an Etsy Account - Selecting a Relevant Name
Your first step to open an Etsy shop is to create a Etsy account. This requires you select a unique username representative of your shop concept.

How to Use Celebrity Images for Commercial Resale
Using an image of a celebrity for an arts or crafts product will more than likely involve copyright and model release issues. Find out the basic facts of using a celebrity image to sell your product.

Finding Out if Casual Income Is Subject to Income Tax
Are you a part-time artist or crafter wondering if there is any limit under which you don't have to record your income from selling your arts and crafts items? An arts and crafts reader posed this question - find out the answer! Also discussed are garage sales and self-employment tax.

Schedule C Activity Codes for an Arts / Crafts Business
When sole proprietors fill out a Schedule C to report business taxable income, they must include an activity code. Here is what you need to know.

Arts and Crafts Resources: Finding Suppliers of Yarn
Thinking about opening a yarn shop or are involved in fashion or textile arts or crafts? Find out how to find wholesale suppliers of yarn, textiles and related accessories.

Easy DIY Instructions to Make a Resin Charm
Making resin jewelry charms is quick, easy and inexpensive. This article shows you how to use two-part epoxy resin to make a resin pendant.

The Four Sections of the Income Statement
The three major sections of an income statement are revenue, cost of goods sold and general and administrative expenses. The heading is the fourth section. Find out more about each of the sections of the income statement.

Beginners Guide to Adding Patina to Metal
Using the right recipe and process, it's fairly easy to add color to brass and copper. Find out how to oxidize metals to add a colorful patina using cat litter and other household items.

Depreciating Computers and Data Handling Equipment
This article discusses common arts and crafts computer and data handling tangible assets and how to depreciate them. You learn how to use MACRS depreciation to write off the cost of buying these types of assets with practical examples on how to do the calculation.

Business of Arts & Crafts: Prepare Forms 1096 and 1099-MISC
If you paid a non-corporate entity more than $599.99 for services provided to your arts and crafts business in 2009, you'll need to issue them a Form 1099-MISC. The Form 1099-MISC has to be issued to the recipient by the last day in January and mailed to the Internal Revenue Service with the Form 1096 (transmittal form) by the last day of February.

Business of Arts & Crafts: Preparing a 1099-MISC Form
If you paid a non-corporate entity more than $599.99 for services provided to your arts and crafts business in 2009, you'll need to issue them a Form 1099-MISC. The Form 1099-MISC has to be issued to the recipient by the last day in January and mailed to the Internal Revenue Service with the Form 1096 (transmittal form) by the last day of February.

Business of Arts & Crafts: Preparing Transmittal Form 1096
If you paid a non-corporate entity more than $599.99 for services provided to your arts and crafts business in 2009, you'll need to issue them a Form 1099-MISC. The Form 1099-MISC has to be issued to the recipient by the last day in January and mailed to the Internal Revenue Service with the Form 1096 (transmittal form) by the last day of February. Page 3.

Arts and Crafts as a Business - Overview
The Arts and Crafts Business site is for creative people who want to learn how turn their passion for designing and making crafts into a profitable sideline or full-time business. In addition to business basics such as how to write a business plan, this site also includes information on arts and craft business essentials such as pricing crafts, finding supplies and resources, setting up a website, selling crafts on consignment and how to market an arts and crafts business.

Preparing an Income Statement for a Service Business
Own a service business? Find out how to prepare an income statement for this type of business that provides a service to it's customers rather than a product.

Preparing an Income Statement - Merchandising Business
Learn how to prepare an income statement for a merchandising business. Merchandising businesses use the cost of goods sold account to reflect some customer related expenses.

Preparing an Income Statement for a Manufacturing Business
Learn how to prepare an income statement for a manufacturing business. Manufacturing businesses make goods for sale to merchandisers. They use cost of goods sold accounts to reflect these costs on the income statement.

Accounting For Inventory - Tracking Finished Goods Inventory
From the email box: I have less than 50 crafts in my finished goods inventory, is there an easy way to keep track of my inventory? This is a question I get a lot. You have a smaller arts and crafts business or maybe a large one with few finished goods and you don't want to go through all the hoopla of tracking it with accounting software. This article explains a quick and easy way to handle this accounting task!

Reviewing the Difference Between Wordpress.com and Wordpress.org
Wordpress is a free user-friendly option for setting up a blog. This article discusses the difference between wordpress.com and wordpress.org. The big difference is that you can't monetize a wordpress.com blog.

Natural Dyes and Home Dyeing - Recipes for Natural Dyes
Book review of Natural Dyes and Home dyeing by Rita J. Adrosko. 52 recipes for fabric dyes made from plants.

Accounting for Arts and Crafts Inventory
Inventory is probably one of the largest costs for your arts and crafts business. This cost is initially classified as a current asset on the balance sheet. As you use it to make arts and crafts items and sell them to customers, the cost moves to the income statement. Find out how to account for your arts and crafts inventory regardless if you are a retailer or manufacturer.

How to Tighten Loose Gemstone Prongs
Learning how to use gem setting pliers will give you the opportunity to bring additional revenue streams into your arts and crafts business. You can charge customers to tighten loose prongs and add quick and easy jewelry pieces to your product line.

Learn How to Wire Wrap the Ruby and Gold Filled Earring Body
Now that you have your supply and tool list, it's time to learn how to use basic wire-wrapping techniques to make your ruby and gold filled earrings. Find out how to shape the circular shape and ruby dangler.

Pricing Your Arts and Crafts to Sell
Go through these recommended guidelines for pricing your arts and crafts to sell. Learn how to get into the mind of your customer to figure out the price they are willing to pay. Review the pricing rule of three.

Selling Arts and Crafts at Museum Gift Shops - Marketing Crafts
One of the many ways to sell your arts and crafts is to market them through museum gift shops. Think back to every time you’ve paid a visit to a museum, I’m sure you’ve noticed that a gift shop is usually front and center, luring you to come in and browse after your visit. If you’ve ever done so, you’ll find some of the items in museum gift shops are mass-produced, others are hand crafted.

Creating a Logo for Your Arts and Crafts Business
Find out more about creating a logo for your arts and crafts business. Understand the importance of considering your target demographic and tone.

Molding Materials for Your Arts and Crafts Business
Learn about the different types of molding materials to see which is best for your arts and crafts business. This article discusses kid-friendly plastic pellets, easy to use celluclay, a form of paper mache and plaster cloth, which takes much of the mess out of using plaster of paris.

Dapping Metal Into Shapes
Now that you have an introduction to dapping tools, this article shows you how to use a dapping block to form metal blanks into shapes. A beginners project that requires no soldering skills, build on these instruction to make more complicated works of art!

Easy Instructions to Make a Flowered Embellished Neckline
Follow my easy DIY instructions to make a flowered embellished neckline. This style has been on trend for the last few years and can go from funky to elegant bridal to gorgeous prom wear. All it takes is a simple dress and either store-bought or hand-made fabric flowers.

Easy DIY Instructions for Making Charmed Jewelry
This Mother's Day surprise that special woman with some handcrafted charmed jewelry. This article gives easy DIY instructions for a charm bracelet that a child can make with supervision. It also shows how to spice up the design for those with a minimal jewelry-making skills.

Bookkeeping for Your Arts and Crafts Small Business
One of those many practical sides vying for your attention is keeping the books for your arts and crafts business. This article introduces you to bookkeeping and explains the basics of keeping the books for your arts and crafts business.

Shooting Your Crafts for Jury Submissions
Great images increase your chances for being accepted in juried craft shows. Find out about the importance of light tents, backgrounds and more.

A Planning List for Starting Your Arts and Crafts Business
Want to start an arts or crafts business? This business startup check sheet takes the mystery out of starting your business. It also reminds you of business start-up steps you may have forgotten about.

Identifying Your Target Market
When creating an overall marketing plan for your arts and crafts business, your first step is to identify your target market. Find out about four key target market elements to consider.

Types of Crafts
All crafts can be broken down into five major headings: textile, paper, decorative, functional and fashion. Find out about the different types of crafts in each of the five major headings.

Service, Merchandising, & Manufacturing Companies
Which type of arts and crafts company do you own? Depending on how you operate your business you can be a service, merchandising or manufacturing company – or any combination of the three.

Learning How to Prepare a Payroll Check
If you hire employees for your arts and crafts business or incorporate your business, you'll need to find out how to write payroll checks. This article walks you through writing a payroll checks from gross to net wages.

Keeping a Professional Relationship With Clients
Consider your customers to also be friends? That's not a great way of doing business. Excessive familiarity with customers in any type of business can often create problems with managing your business rather than being an advantage.

Textiles of the Arts and Crafts Movement - Linda Parry
Review of Linda Parry's book

A Beginner's Guide to Preparing Form W-3
If your arts and crafts business has employees you have to issue them a W-2 by January 31. These W-2s then go to the Social Security Administration by the last day of February using Form W-3. Here are easy instructions on how to prepare a Form W-3.

Introducing Fiverr - Getting the Job Done for $5
Need help with your arts and crafts business and are on a tight budget? You may find a great freelancer for $5 at Fiverr. Find out about this online service matching jobs with contractors for a cool $5.

Pop-Up Shops
A pop-up shop is a short term retail space that appears seemingly out of nowhere, quickly drawing in customers,and then disappears when the optimal selling season is over. While you'll see large retailers such as Target, Saks and Macy's incorporating pop-ups in their main retail space to briefly promote trendy events, pop-ups shops are a great way for artists and crafters to have a retail presence during major selling periods during the year.

Crafts Business Networking - Using Teaching to Making Contacts
A reader ask: I will be teaching a jewelry making class at a very popular non-profit adult learning center in a large metropolitan area. How can I use this as platform for networking? From your About.com Arts and Crafts Business Guide - Find out basic networking etiquette while teaching arts and crafts classes.

Fixed & Mixed Cost Behavior in Arts & Crafts Businesses
This article explains fixed and mixed costs. Fixed costs remain the same no matter if you make one or one million arts and crafts products. Mixed costs can fluctuate somewhat. Find out more about fixed and mixed costs.

The Basics of Operating a Sole Proprietorship
Most brand new arts / crafts businesses start out as a sole proprietorship because it is the easiest and cheapest type of business entity to start and maintain.

Resin Arts and Crafts Artists and Techniques
Learn about resin arts and crafts made from a two-part epoxy. While many jewelry artists use resin, it is a great medium for sculpting, mixed media and painting. Find out about resin basics and artists and crafters using it in their work.

Form 8829 - Part of Your Home Used for Business
One area of confusion when deducting business related expenses is office in the home. Find out how to prepare the tax return Form 8829 allowing business related expenses. This article talks about the top section, Part I: Part of Your Home Used for Business

How to Report Home Office Expenses on Form 8829
One area of confusion when deducting business-related expenses is the office in the home. Find out how to prepare the tax return Form 8829. Page 2.

Craft Shows by Season
Marketing your crafts at local, regional and national crafts shows is one way to sell your crafts retail and promote your e-commerce site. Keep current with calls for entries and all the details on how to enter various craft shows by season. Craft show organizers are welcome to list their shows here too!

Favorite Type of Art or Craft
Out of all the types of arts and crafts, which do you sell in your business? Share some images of your favorite products, tell us about it and also browse through the favorite products of other arts and crafts business owners.

Favorite Type of Art or Craft
Out of all the types of arts and crafts, which do you sell in your business? Share some images of your favorite products, tell us about it and also browse through the favorite products of other arts and crafts business owners.

Schedule C Gross Income - How to Calculate Gross Income
Sole proprietorships report items of income and expense on Schedule C. Gross income consists of revenue and cost of goods sold. Find out how to calculate gross income and fill out Part 1 of the form Schedule C.

Walking Through the Cash Payments Journal
Find out more about the cash payments journal by identifying the debit and credit columns. The cash payments journal is where you record all transactions in your business where cash has changed hands.

Setting Up Your Travel and Misc Expense Spreadsheet Columns
The fourth in the series of articles about organizing your accounting records, this article discusses travel and misc expenses and recaps using the spreadsheet.

2013 Arts and Crafts Trends - Repurposing Raw Materials
Successful artists and crafts have to keep an eye on emerging trends and constantly be ready to modify business operations to make their art or craft work with what's selling now and in the near future. Find out more about my four picks for 2013: repurposing, working part-time, considering design work and usefulness of the art or craft. First up, I discuss repurposing raw materials.

The History of Charmed Jewelry
Charmed jewelry is one of those perpetual favorites that never go out of style. When done right, your charmed jewelry is a wearable statement of your personal life. This involves building your jewelry from scratch so that all the charms interlink and tell the tale that you want told. Find out more about charmed jewelry and learn how to make your own!

The Charm of Charms Book Review
If you want to find out more about charms and charmed jewelry, check out my review for The Charm of Charms by Jade Albert and Ki Hackney. Beautiful photography and very interesting information about charms, charmed jewelry and celebrity charmed jewelry. Page 2.

Fighting Bed Bugs in Found and Vintage Items
If you use vintage or found items to make your arts and crafts you may inadvertently bring bed bugs back to your shop with the item. Find out some suggestions for de-bugging your arts and crafts raw materials.

Introduction to Knitting Machines
Just about the only way to make money selling knitted goods is to use a knitting machine. Using a used home knitting machine at first before laying out the money for an expensive commercial knitting machine will give you a good idea if this is a venture you want to pursue.

Guide to Gemstone Mind, Body and Spirit Properties
Many jewelry designers combine gemstones based on their mind, body and spirit properties. If you are a jewelry designer or interested in Chakras, meditation or the ritual use of gemstones, this article gives information about blue lace agate, amethyst, aquamarine, aventerine, bloodstone and citrine.

Promote Your Arts and Crafts Business with Yahoo Local
Promote your arts and crafts business for free by setting up a Yahoo Local listing. These listings are organized by geographic location and you can set up your arts and crafts business in five different categories. This article walks you through the steps to set up a free Basic Yahoo Local listing.

Introduction to Google Merchant Center
Another on-the-cheap promotional suggestion, the Google Merchant Center lets you upload your arts and crafts item product feed into Google Shopping at no charge. This article shows you how to set up your arts and crafts shop in the Google Merchant Center.

List Your Business on Google Places
Google Places is another free way to promote your arts and crafts business. Find out more about Google Places and how to set up your arts and crafts business in Google Places.

Introduction to Dapping Tools
A dapping tool is a relatively inexpensive tool that makes forming metal into uniform shapes a snap. Find out how to which is best for the beginner and how to use one.

Sell Online with Wholesalecrafts.com
Wholesalecrafts.com brings retailers and arts and crafts business owners together for arts and crafts business owners who want to sell online. For an annual fee crafters build a web marketing presence to showcase their arts and crafts products to interested retailers.

Using a Work Sheet to Make Sure your Form W-3 is Correct
It's easier to correct a Form W-3 or W-2 before you mail them into the Social Security Administration than after. Review my simple instructions to prepare spreadsheet that compares W-3 information to all four quarters of the Form 941.

Bridal and Prom Trends - Jessica Chastain Black McQueen Dress
Find out the details about the black Alexander McQueen dress Jessica Chastain wore to the 2013 National Board Of Review Awards Gala. The decorative neckline is on trend this year for formal and bridal attire. Learn more about the design.

Step-by-Step Filling Out the Expenses Section of Schedule C
Sole proprietors report their business income or loss using a Schedule C. This article walks you through the expenses section of the Schedule C. Find out more about the difference between commission, contract and professional fees. Learn about wages and the sole proprietor.

Finding Unusual Ring Mountings
Suggestions for finding an unusual ring mounting that you can set with a gemstone. Thrift store finds with good prongs can be reset with a gemstone of your choice for a gift or inventory items for your arts and crafts business

Setting Gemstones into a Four-Pronge Ring Setting
Use a gesmtone measuring guide or ruler marked in millimeters to measure settings prior to purchasing the ring mounting. The most appealing of setting will be a waste of money if you can't find a matching gemstone. Page 2.

Handcrafting Small ProfileCraft Items Hitting All Price PointsHandcrafting Small ProfileCraft Items Hitting All Price Points
Find out more about the 2014 arts and crafts business trends. This article talks about hitting all price points, designing smaller scale and handcrafting functional crafts.

2013 Arts and Crafts Trends - Working Part-Time, Seasonally
This article discusses another arts and crafts trend for 2013, working part-time, seasonally. Many new artists and crafters are opting to ease into owning an arts and crafts business not just by operating their business part-time but by working on it seaonally.

Step-by-Step Filling Out the Income Section of Schedule
Sole proprietors, learn how to prepare your Schedule C. Find out how to fill in the company information and income sections on the Schedule C.

Cost of Goods Sold - COGS for Craft Merchandiser
An arts or crafts merchandiser is a retail business like a craft boutique, craft supply store or art gallery. The arts and crafts business purchases goods from another artist or crafter and in turn sells the handcrafted items to the end user — a consumer like you or me. If you do this as part of your arts or crafts business, find out how to account for these purchases in the cost of goods sold section of your income statement.

How to Prepare a Handwritten Invoice
If your arts and crafts business is small or you sell just a few high-price items each month, you may feel it’s not worth the effort or expense to buy accounting software or spreadsheet software to prepare computerized invoices. In addition, if you are at a craft show or a similar type of venue, you probably won’t want to go through the hassle of bringing along your printer so you can prepare a computerized invoice for each sale. This article walks you through how to handwrite customer invoices.

Breakeven Point Analysis Four Year Spread
Breakeven point analysis Four year spread shows the entries you need to make in each spreadsheet to make the analysis work. Page 2.

Image to Set Up Breakeven Point Analysis Assumptions
Here are the images to show you how to set up the cells in your spreadsheet for breakeven point analysis.

Break Even Point Analysis 4 Year Income Statement
Break Even Point Analysis 4 Year Income Statement. Page 3.

Walking Through the Cash Receipts Journal
Find out more about the cash receipts journal by identifying the debit and credit columns. Spoiler alert - as it is a cash receipts journal, you might have guessed one column is for cash!

Using Gross Income and Expenses to Calculate Your Net Income
Find out how to use gross receipts and costs to figure net income. This article also discusses adjusting inventory cost for cost of goods sold expense and depreciating fixed assets.

2014 Craft Trend - Incorporating 3D Modeling and Printing
Want to find out more about 2014 trends to grow your arts and crafts business? Find out the basics of 3D modeling which you can use to make your own raw materials.

How to Depreciate Asset Purchases Made on Account
Sometimes you don't pay in full when you make an asset purchase. Does this change the way your depreciate the asset? Find out the answer to this reader inquiry from the email bag.

Walking Through Form 1120 Schedule J and K
If your arts and crafts business is a corporation you file Form 1120 to report your taxable income. Find out about Schedule J and K which you use to calculate your federal income tax and answer basic questions about your business.

Handling Legal Issues When Starting a Crafts Business
Learn about the different types of arts and crafs business types and entities. Get an introduction to business licenses. Decide whether you need to trademark your tagline.

Using the Time Value of Money for Business Decisions
Knowing how to figure the time value of money comes in handy when making business decisions such as figuring out how much you have to save today to open an arts and crafts business tomorrow.

Using Crowd Funding to Fund Arts and Crafts Projects
Crowd funding is a web-based service bringing creative projects together with interested investors. Arts and crafts business owners can use a crowd funding platform to get risk-free financing by offering rewards to project donors.

Introducing Blitsy Arts and Crafts Discount Supplier
Find out about Blitsy, an online arts and crafts supply liquidator. Selected arts and crafts supplies are discounted by up to 70% of retail.

Recipes for Making Hand Milled Goats’ Milk Soap
Once you have the basics down for making hand milled goats' milk soap, it's time to get creative with essential oils, herbs and flowers. This articles gives you eleven popular soap recipes using lavender, jasmine, lemon, sea kelp, ylang ylang and much more!

Review of Outright Online Accounting Services
Read my review of Outright, an online bookkeeping and accounting service that provides small business reporting. There is a free and subscription version.

Taking Inventory and Figuring Cost of Goods Sold
When figuring out net and taxable income, you have to reduce your costs of goods sold for items still in inventory. This article discusses the different types of inventory and suggests ways to calculate your ending inventory.

Retail Space - Finding it for Your Pop-Up Shop
Find out how to find short-term storefronts for your arts and crafts business. Selling seasonally, such as Christmas crafts, in a short-term pop-up shop is a great way to bring in revenue while not having the responsibility of a year-round lease.

Introduction to Preparing Payroll
This article is an introduction to preparing payroll checks. Learn about the Circular E and the taxes you need to deduct from gross wages. These taxes include federal withholding, FICA and state income tax.

Using a Spreadsheet to Figure Breakeven Point Analysis
Use breakeven point analysis to figure out the volume of craft items you have to sell to cover costs for your arts and crafts business. This article shows you a quick and easy way to figure breakeven point using an Excel spreadsheet.

Starting a Paper Craft Business
Find out more about starting a paper craft business. Paper crafts are more than just origami or paper mache. A relatively inexpensive start-up craft business it includes greeting cards, wallpaper, lampshades and bookbinding.

Opening a Ruby Lane Shop
One online alternative for arts and crafts businesses is to open a Ruby Lane shop. Monthly fees are not exorbitant. Ruby Lane’s standards for quality of workmanship are very high.

Introduction to Making Hand Milled Soap
A nice addition to many arts and crafts product lines is hand milled soap. Using my instructions, it is quick and easy to make your own hand milled goats' milk soap tailored to a specific need such as religious, health, beauty or relaxation.

Review of How Fiverr Works
After reading about Fiverr, which is a marketplace in which sellers are willing to do a variety of jobs for a flat fee of $5, I decided to try out the service to create a logo for my blog. Find out how my order ended up and my advise for working with Fiverr.

Learning Crafts Skills - Taking Arts / Craft Classes
It’s never a bad idea to take a class in your field of arts or crafts to advance your basic skills. Watching the instructor and your peers just may show you a better way to set up your workbench, perform your craft or you may get a referral to a fantastic vender. Here are some suggestions to find local arts / crafts classes.

Finding Arts and Crafts Supplies - Purchasing Craft Supplies Wholesale
Finding great,reliable vendors is one of your first steps in starting an arts and crafts business. Without knowing how much your vendors are going to charge you for the art or crafts supplies you use to make your product, how can you set a reasonable retail price? It's also important to have reliable art and craft supply vendors that you can count on to ship the crafts supplies and arts materials when you need them.

Plan of Operations - The Plan of Operations is Another Element of a Business Plan
The plan of operations section of the business plan is your A to Z on the running of your business. Break all operating procedures down into daily, weekly and monthly tasks. Then they are ordered and explained in the plan of operations section of your business plan.

Plan of Operations - Sample Plan of Operations
Learn how to take the basic components of a business plan's plan of operations and tailor the components to an arts and crafts business plan of operations. Page 2.

Depreciating Office Equipment - Arts and Crafts Business Expenses
This article discusses common arts and crafts tangible assets and how to depreciate them. There are basically three type you'll have for your arts and crafts business: office, computer and those special ones for your type of arts and crafts business. You also learn how to use MACRS depreciation to write off the cost of buying these types of assets with practical examples on how to do the calculation.

Depreciating Software - Arts and Crafts Business Expenses
This article discusses software you buy for your arts and crafts business and how to depreciate your software purchases. You learn how to use MACRS depreciation to write off the cost of buying these types of assets with practical examples on how to do the calculation.

Selling Arts and Crafts at Handmade Artists' Shop
Many artists and crafters sell either wholly or partially online. Those that don't care about or don't have the time to maintain their own website sell through online craft marketplaces such as Etsy or ArtFire. I recently discovered another online craft marketplace called the Handmade Artists' Shop (HAF shops). This is a relatively new online marketplace started by The Handmade Artists Forum. I took a look through the Handmade Artists' Shop website and here's what I found out.

Using Arts and Crafts Accounting Software - Entering Accounting Transactions
Thinking about using a computerized system to organize your arts and crafts business income and expense? It's important to lay a good foundation with your chart of accounts, following through by keeping your transactions straight. Here's your intro on how to use any accounting software such as QuickBooks.

Using ArtFire.com to Market Arts and Crafts
Find out about ArtFire.com, a inexpensive way to market your arts / crafts online. ArtFire offers a free 14-day trial. After that, an ArtFire studio costs $12.95 a month with unlimited listings with no listing fees or commissions. Like any online presence, maintaining an ArtFire shop takes work. Curious about ArtFire? Find out more about how crafters can use this online marketplace for their arts and crafts business.

QuickBooks Instructions
Quick and easy instructions for using QuickBooks to keep the books for your arts and crafts business. Learn how to bill customers using QuickBooks.

Arts and Crafts Glossary of Terms - E to I
Arts and Crafts Glossary of Terms - E to I

Using Accounting Software for Your Arts and Crafts Business
Learn how to use a computerized system to organize your arts and crafts business income and expense. This gives you the ability to run profit and loss statements and other accounting reports frequently - providing an early warning if revenue or expenses are out of whack.

Financial Statements - Income Statement, Balance Sheet, Cash Flow
There are three types of financial statements: income statement, balance sheet and cash flow statement. Each will give you important info about how efficiently and effectively your business is operating.

Inventory Managment
Inventory consists of goods available for sale and the raw materials a business uses to make them. In accounting inventory is considered an asset. Find about about the five different types of inventory and how to account for them in your arts or crafts business.

Depreciation
Find out how to depreciation your arts and crafts business tangible assets.

Arts and Crafts Glossary of Terms - A to D
Arts and Crafts Glossary of Terms - A to D

Arts and Crafts Glossary of Terms - J to P
Arts and Crafts Glossary of Terms - J to P

Invoicing Arts and Crafts Customers
A fundamental of owning any type of business is preparing customer invoices. If you're a new arts and crafts business owner, you may be unsure about how to prepare one that looks professional and provides all the payment information your customer needs. Find out the basic information you should include on each customer invoice. Learn how to prepare a manual invoice. Use QuickBooks? Find out how to organize your customer and jobs.

Job Costing
Many artists and crafters end up not covering costs when they sell their handcrafted items because they don't understand the elements of job costing. Unfortunately understanding some basic accounting concepts is a necessity for all business owners - creative or not. This article is your introduction to job costing for your arts and crafts business.

Arts and Crafts Books
Recommended arts and crafts books about designing, making, marketing and photographing your arts and crafts products. Also addressed are pointer on how to efficiently and effectively operate your arts and crafts business. This includes paying taxes on your arts and crafts income, hiring workers and saving money by purchasing supplies for your arts and crafts business wholesale.

Cooperative Craft Shows
If the art or craft show jury process seems a little intimidating, a good way to exhibit in craft shows is to form a cooperative and hold your own. Organizing a cooperative craft show is a lot of work but the money you can make and the experience you get out of the process can more than offset the set-up work involved.

Sample Chart of Accounts for a Web-Based Craft Business
Learn how to prepare a chart of accounts. The Chart of Accounts report is a complete list of all the accounts you create for your business and their current balances. You can use these accounts to enter transactions to create various reports for determining profitability, cash liquidity, how much is due to you, and how much you owe.

Chart of Accounts - Sample Chart of Accounts for Craft Business
Get a quick tutorial on the type of balance sheet accounts you'll see in the chart of accounts. The chart of accounts report is a complete list of all the accounts you create for your business and their current balances. Page 2.

Chart of Accounts - Sample Chart of Accounts for Craft Business
Find out more about the common balance sheet accounts you'll find on a chart of accounts. Included are cash, accounts receivable, inventory, fixed assets, accounts payable and more! Page 3.

Chart of Accounts - Sample Chart of Accounts for Craft Business
Find out more about the common income statement accounts you'll find on a chart of accounts. Included are income which is also known as gross receipts, cost of goods sold and many other types of expenses. Page 4.

Supplies and Tools to Make a Wrapped Leather Bracelet
If you are looking to add some leather jewelry to your arts and crafts business product line, try this easy-to-make wrapped leather bracelet. Wrapped leather bracelets have been popular for quite a few years now, from simple braided and tied to those with a elaborate, decorative clasp system. Recently they've been seen on many celebrity wrists which makes them a good seller for your business if you properly promote them.

How to Handcraft the Clasp for a Wrapped Leather Bracelet
Wrapped leather bracelets have been popular for quite a few years now, from simple braided and tied to those with a elaborate, decorative clasp system. Find out how to make a simple but elegant clasp for this easy to make wrapped leather bracelet. Page 2.

Learn How to Sell Your Arts and Crafts Online
Ten useful tips on how to sell your arts and crafts online. These tips will help you get started with the design of your arts and crafts business website. Once you understand the basics you're on your way to making money by selling your arts and crafts online.

Flag Plaque - Fourth of July Betsy Ross Flag Plaque
Easy instructions to make a 13-star flag plaque loosely based upon the original flag design Betsy Ross made for the Continental Congress.

Making Bank Deposits - Using Undeposited Funds
Many small business accounting software systems have an undeposited funds option. To keep your cash account straight, don't use this option - instead make your bank deposits in a timely fashion.

Using Accounting Software - Entering Your Business Credit Card Transactions
Many small arts and crafts businesses use credit cards to make inventory and other business purchases both online and in stores. What's the best way to enter these transactions into your accounting software? There are a few different ways. To keep accounts straight, make sure you follow through on your preferred method. Here are some suggestions on how to do this. Page 2.

How to Report Home Office Expenses - Preparing Form 8829
One area of confusion when deducting business related expenses is office in the home. Find out how to prepare the tax return Form 8829 allowing business related expenses. Page 3.

Balance Sheet - Arts and Crafts Assets, Liabilities and Equity
The balance sheet shows your arts and crafts assets, liabilities and equity. You'll need this information to make business decisions, apply for loans and to write your business plan. While sole proprietorships don't include a balance sheet with their tax return, this is a requirement for all other business entities. Learn about the difference between assets, liabilities and equity and what types of accounts your arts and crafts business will have in each. Page 2.

Balance Sheet Liabilities
The balance sheet shows your arts and crafts assets, liabilities and equity. You'll need this information to make business decisions, apply for loans and to write your business plan. While sole proprietorships don't include a balance sheet with their tax return, this is a requirement for all other business entities. Learn about the difference between assets, liabilities and equity and what types of accounts your arts and crafts business will have in each. Page 3.

Balance Sheet Equity - Arts and Crafts Retained Earnings
The balance sheet shows your arts and crafts assets, liabilities and equity. You'll need this information to make business decisions, apply for loans and to write your business plan. While sole proprietorships don't include a balance sheet with their tax return, this is a requirement for all other business entities. Learn about the difference between assets, liabilities and equity and what types of accounts your arts and crafts business will have in each. Page 4.

Writing a Good Product Description – Describing Arts and Crafts
Writing a good product description is an art. However, once you have a base for your arts or crafts product descriptions, it can be quickly modified for most of your other items. Most arts or crafts products descriptions require size, weight and material information. Find out how to write good arts and crafts product descriptions.

Replacing Your Broken Kindle Fire Device
Since receiving a Kindle Fire as a gift, I've come to rely on it for electronic delivery for all my business and most arts and crafts reference material book purchases. However, interfacing with Amazon to replace my Kindle after 18 months of moderate use was tedious.

Bridge Jewelry - Bridge Jewelry Has Semi Precious Gemstones
Bridge jewelry is so named because it is the bridge between costume and fine jewelry.

Cost of Goods Sold - COGS for Craft Manufacturer
An arts or crafts manufacturer handcrafts the products sold directly to the consumer - for example at a craft show or through a website. A manufacturer can also sell on a larger scale to unrelated retail businesses like a craft boutique or art gallery. If you are an arts or crafts manufacturer, find out how to account for your expenses on your income statement.