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Arts/Crafts Business: Most Popular Articles

These articles are the most popular over the last month.
The 3 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.
5 Different Types of Crafts: Textile,...
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.
How (and Why) to Restore Your Computer's...
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.
10 Steps You Need to Take Before You Start a...
A list of the steps to take before starting a craft business and quick tips about each step.
Easy Instructions for Making an Adjustable...
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 Choose the Best Name for an Arts and...
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.
Learn the Basics of Preparing an Income Statement
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.
Tax Advice for Self-Employed Arts and Crafts...
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.
The 5 Different Types of Manufacturing and...
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.
Essential Materials for Collage Making
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'.
3 Tips for Soldering Jewelry Crafts
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.
6 Low-Cost Marketing Ideas for Artsy Businesses
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.
Three Reasons Why You Should Start a Craft...
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.
How to Fill Out Form 941 Employer's Quarterly...
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.
3 Types of Business Entities: Which Is Right...
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.
Love to Knit? Turn It into a Profitable 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.
How to Pay Taxes on an Arts and Crafts Business
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.
Preserve Your Favorite Photos in This DIY Resin...
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.
How to Get Practical Craft Experience
If you've ever thought about starting and running your own successful craft business it's a good idea to get good practical experience working for another established craft business first. Don't have the time to be an intern? There are alternatives.
Searching for 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.
The Surprisingly Easy Way to Color Metal with...
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.
Start Selling on Etsy
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.
Etsy Shop Basics
Learn the ins and outs of opening a shop on Etsy. Walk through the seven basic steps from picking an Etsy username to finding out about the listing fees and the Etsy community of crafters.
6 Tips to Help You Make Money from a Crafting...
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.
Walking Through the Equity Section of the...
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.
Sample Chart of Accounts for an Arts or Crafts...
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.
How to Prepare a Customer Invoice
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.
Selecting a Schedule C Activity Code for an...
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.
Using Celebrity Images for Commerical 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.
Keeping the Books for Your Arts and Crafts...
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.
What It Means When Business Revenues Are Equal...
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.
Finding Out If Casual Income Subject to Income...
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.
Balance Sheet
The balance sheet is the financial statement showing 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.
Executive Summary
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.
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.
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.
Supplies and Raw Materials for Making Goats'...
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.
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.
How to Prepare 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.
Resin Arts and Crafts
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.
Creating an Etsy Account
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.
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.
Arts/Crafts Business 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.
Using the Standard Mileage Rate to Calculate...
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.
Learn About the Three Types of Arts and Crafts...
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.
How to Do a Trademark Search on TESS
Trademarking protects your arts and crafts business name, logo or slogan. Your first trademarking step is to make sure it is available. This article walks you through my TESS search.
How to Set Up an Accounting System for Your...
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.
Making the Internet and Ecommerce Work for Your...
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.
Sole Proprietorships
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.
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.
Easy DIY Instructions to Make a Knotted Charm...
Follow my instructions to make a knotted sterling silver Figaro chain charm bracelet. No soldering skills required. Use split rings and split ring pliers to attach the charms and chain to the clasp.
Top Five Mistakes To Avoid When Operating A...
If you are starting an arts and crafts business find out five things I recommend you avoid if you want to make your arts and crafts business a success. Finding and staying true to your target market is very important as is knowing how much it costs you to make your handcrafted items.
Tips for Buying Arts and Crafts Supplies
Found this page at Overstock.com about buying arts and crafts supplies.  Not exactly groundbreaking, but I was not aware that Overstock.com sold arts and crafts
Doing the Math Before Setting Prices for Your...
Found this great article, Make Sure to Do the Math When Selling Your Crafts.  It explains different ways to achieve the best bottom line for your arts or crafts
Using Juried Art Services to Apply to Craft Shows
Juried Art Services is a digital application system used by many craft shows.  Easy to use, you upload images and information about your arts and crafts items
Tips for Preparing Customer Invoices
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.
How to Get Craft-Making Skills
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.
Preparing 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.
Adding Patina to Metal With Opaque Inks
Ranger Inks has some great products that can help you add patina to your metal working.  Available at Hobby Lobby and online at the Ranger Ink website, these
Using a Spreadsheet to Figure Breakeven Point...
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.
Make Money Selling Prosumer Arts and Crafts Kits
Add a revenue stream to your arts and crafts business by marketing craft kits. The best craft kits have an element of prosumerism in their design and use raw materials not realily available to the hobbyist. Find out more about prosumerism and how to incorporate it into your craft kit marketing efforts.
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!
Keeping Your Arts and Crafts Business Safe
When working in your arts and crafts shop, safety should always be your number one priority. Making money running your arts and crafts business will become very
Plastic Craft Storage Containers
Looking for a way to store your arts and crafts supplies? Check out these plastic storage suggestions. Ranging in size from 40 gallons to desk-top organizers you'll find the perfect storage solutions for your arts or crafts business.
Don't miss the The Renegade Craft Fair: SXSW...
Thinking about entering the Renegade Craft Fair in the future and live in Texas?  Don't miss the The Renegade Craft Fair: SXSW Edition at the Palmer Events
Finding Retail Space for Your Arts and Crafts...
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.
Resources for Working With and Purchasing...
While doing some online research, I found two great resources for those working in metal - particularly copper: Whimsie - sells recycled copper sheet
Call for Entries for the 2014 Spring Pecan...
2014 Spring Pecan Street Festival taking place in Austin, TX is the largest arts and crafts festival in central Texas and is looking for an official original
Handling Legal Issues When Starting a Crafts...
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.
Basic Paper Mache Techniques for Beginners
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 Find Arts and Crafts Supplies
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.
Creating a Concept for Your Arts and Crafts...
Before you pick out a name or order business stationary for your brand new arts or crafts business, you need to form a basic concept. Your preliminary steps to deciding on a concept is three part. Find out more about the prelimary steps to starting an arts or crafts business.
Stella McCartney at Paris Fashion Week
McCartney's work has many elements of arts and crafts this Fashion Week.  To see a few of the images check out this article about Stella McCartney at Paris
Setting Up Your Spreadsheet Columns to Organize...
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.
Setup an Etsy Shop
After you’ve created your Etsy account, your next step is to create your shop. Ever open a brick and mortar craft shop? The concept online is not very different. You want your Etsy shop to be a visually appealing place for your online shoppers that is easy to navigate and clearly spells out all your shop policies.
Tips for Starting a Knitting Craft 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.
Business Registration Guidelines for Your Arts...
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.
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.
Free Jewelry-Making Instructions
Check out these free DIY jewelry making instructions. You'll learn how to make bracelets, charms, earrings and necklaces. Quick and easy - no soldering skills required.
Difference Between Collage, Assemblage and...
Find out the difference between collage, assemblage and papier mache.
How to Calculate Schedule C 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.
Cost of Goods Sold for an Arts or Crafts...
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.
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.
Four Keys Facts to Consider About Arts and...
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.
Easy DIY Instructions to Make a Wrapped Leather...
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.
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.
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.
How to Report Home Office Expenses - Preparing...
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.
Call for Entries for the SNAG Uniques eBay Sale
Unless you are already a Society of North American Goldsmith (SNAG) member, this may be too short a deadline but certainly keep it in mind for next year -  SNAG
Inexpensive Stock Images
It's hard to always be able to shoot just the right images for your web site. Additionally, sometimes you don't have the right camera equipment to take the perfect shot. However, having appropriate images builds user interest, helps illustrate articles and is a good selling technique for Ecommerce products. Find out where to purchase inexpensive (or free) images to use on your arts and crafts web site.
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.
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.
Your Planning List for Starting Your Arts and...
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.
Arts and Crafts Business Mistakes To Avoid
No matter how great your product, poor planning, customer service and procrastination can ruin your arts and crafts business. Find out how to handle these arts and crafts business mistakes to make your creative business a success.
Selling Arts and Crafts at Museum Gift Shops
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.
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.
How to Open an Arts and Crafts Retail Pop-Up...
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.
Reporting Corporate Total Income on Federal Tax...
If you operate as a corporation or S-Corporation, report your arts and crafts taxable gross income in Part 1 of the Form 1120 or 1120S respectively. Calculate it by subtracting your cost of goods sold from your arts and crafts business revenue. Check out these step-by-step instructions on how to transfer amounts from your income statement to the applicable corporate federal tax returns.
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!
Using Celebrity Images on Your Ecommerce Web Site
If you have a fashion craft arts and crafts business, I find it makes a huge positive impact on sales to show celebrities wearing the same sort of item you're selling. However, what about using celebrity images on your Ecommerce site? If you don't have the opportunity to shoot the images yourself, is it possible to use celebrity images without violating any copyrights? This articles introduces the legality of using images you find on the internet.
Four Ways to Protect Your Arts/Crafts...
Learn the difference between copyrights, trademarks, patents and licensing - four ways you can protect your intellectual property from theft.
Collage and Assemblage
Collage arts and crafts are created when similar types of materials (paper, fabric etc) are combined, using a variety of methods to create paper and decorative arts and crafts. Assemblage combines different types of materials. This form of arts and crafts requires no special tools or training. Want to get your arts or crafts feet wet in collage or assemblage? Here are some fantastic free and relatively cheap resources.
Basic Instructions for Making Goats' Milk Soap
After you purchase the raw materials and supplies you need to hand craft goats' milk soap, this article shows you how to mix and cook the soap in your oven.
Starting a Craft Business for the Inexperienced...
Do you want to start a craft business, but are just not sure what type of craft you want to sell? From your Arts and Crafts Business Guide - find out the five recommended steps to move a craft business idea from infancy to fruition.
Holiday Decoration Arts and Crafts
If you want to participate in holiday-oriented arts and crafts, you're reaching the break-even point to get moving on your designs. While there are many arts and crafts shows during the 4th quarter of the year selling gift items, this article particularly addresses crafting and selling holiday decorations.
Supermarket Online Craft Marketplace
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 Supermarket. While not a new kid in the online craft marketplace town, it's new to me. I took a look through the Supermarket website and here's what I found out.
Using Gross Income and Expenses to Calculate...
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 Trends for Arts and Crafts Businesses
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.
Preparing Your Artist or Crafter Statement
Every artist or crafter needs an artist statement. Your statement concisely gives a basic introduction to your art. This article show you how to prepare your own art or craft statement.
Figuring the Amount of Federal Payroll Tax...
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.
Beehive Co-op
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.
Making Sure You Have Proper Zoning For Your...
Before you get a business license, you need to make sure your business location is properly zoned. This includes both residential and commercial locations. This article gives tips on handling zoning issues for your arts or crafts business.
Prepare a Business Plan Before Quitting Your...
Before you quit a full time job working for someone else to start a craft business make sure you prepare a business plan. Working through the business plan will give you a good idea if you can cover your personal living and business expenses with the new venture.
QuickBooks Vendor Types
This article shows you how to use QuickBooks types to organize your jobs so you can organize your customer base by grouping similar customer or jobs together. Using this info, you can run reports to provide timely and relevant information about which type of customer or job is the most profitable.
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.
Adding 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.
Understanding Fixed and Mixed Cost Behavior for...
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.
Learn How to Use Jump Ring Pliers
Learn how to use jump ring pliers to securely attach jump rings to charms and jewelry. Using a simple two-step method makes sure your finished jump ring stays closed without soldering or using glue. You learn this technique making a St. Christoper surfer rubber necklace.
Using Crowd Funding to Fund Arts and Crafts...
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.
Understanding Variable Cost Behavior for Arts...
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.
Depreciation 101
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.
Knitting Designer Kaffe Fassett
One of the textile crafts is knitting. One of the masters of knitting is Kaffe Fassett. Find out more about this knitting designer and his two color method of intarsia knitting.
Filling Out Form 941 Page 2
If you have employees for your arts or crafts business, you need to fill Form 941 four times a year. This article shows you how to fill out page 2 of Form 941.
Beginner Resources for Selling Your Crafts Online
Resources for new arts and crafts business owners to sell online. Discover Etsy best practices, find out more about making your own Etsy shop banner and find other online selling resources tailored to new arts and crafts business owners.
How to Depreciate Office Equipment
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.
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.
Recipes for Making Hand Milled Goats’...
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!
How to Set a Gemstone Into an Empty 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.
Artists and 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.
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.
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.
What is an S Corp?
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.
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!
Using Cold Connections To Make Jewelry
If you don't want to learn how to solder or don't particularly want to invest in the necessary gas, cleaning and torch required to use hot connections to make jewelry, there are unlimited ways to make fine jewelry using cold connections. Cold connections include wire-wrapping and using rivets, staples and glue to connect metal to form your jewelry creations
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.
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.
Using QuickBooks for Price Level Lists
In this article you learn what QuickBooks price levels are and how you can use them to modify standard customer billing. Find out the difference between price levels with a fixed percentage or per item type.
Plan of Operations
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.
Introduction to Entering Transactions in Small...
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.
List Your Arts and Crafts Business on Google...
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.
Arts / Crafts Inventory or Expense?
If you produce a product, you will normally have both a cost of goods sold and inventory. Find out how to differentiate between the two.
How to Fill Out Form 1040-ES
Think you may need to make an estimated tax deposit for your arts and crafts business? This article gives easy to follow instructions on how to fill out and file your Form 1040-ES. You'll learn if you need to add your spouse's information on the form and also how to electronically file and pay.
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 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.
Introduction to Quickly and Easily Organize...
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.
Review of Fiverr Seller Performance
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.
Creating a Craft Business for Your Market
Successful businesses research the marketplace first and then design products that will sell in that market. Research and a little bit of basic human psychology are good jumping off points for tailoring your craft business to the market.
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.
What Type of Business Entity is Good for an...
A quick discussion of how limited liability plays into the section of a business entity. Key is checking your state statutues.
Resources for Textile Arts and Crafts Businesses
Learn about online vendors and other resources to find textiles for your arts and crafts business. Discussed are organic fabrics, designer fabrics, silk, buying fabric swatches, yarn hanks for dyeing and finished textiles that you can use as a blank canvas.

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