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What It Costs to Run A Shop
Our job descriptions are insane as well...if I worked for someone else, they would have to pay me huge money to be:
Quality Control Manager
Customer Service Rep
Customer Service Manager
Human Resources Manager (if you have family/friends/staff help)
It goes on and on.
i still think the 3-5 year rule works.
many small businesses don't turn real profits until the 3rd-5th year in business. and its a whole heck of a lot of work we put into it from 1 - 3 years too!
but i am still happy doing my own business..so i'm gonna find a way to make it work. ;)
Electronic - I love having a shop on etsy. I've learned so much about how this business works from doing my own bookkeeping. For two years I've shown profit, the first year was small, I mean teansy, but a profit nonetheless. Of course I didn't have any super expensive expenses this last year.
Seeing the financial framework helps put pricing into perspective.