Coming up with a good business plan
Part 2 of our suggestions for you to become a profitable fiber business person
Hopefully you have read through part one of our ideas on this subject and we are sure you have come up with other things that we have not thought about. But now on to more figuring....
Use this guide to help you determine added value items such as felt, weaving, knitting, and etcetera.
Most people in the art/craft industry will not make an hourly wage.
Our wages are often determined by what the market will bear. So many times crafters do not value their craft, selling items that just pay for them to get more yarn or fiber to spin. This creates a depreciated value for our items !
Never sell yourself short ! Knowing your true costs can help explain to the general public why our items are higher than the “You know what store” mentality.
The public needs to understand the real costs behind the item/s in question.
We, at Spinderella’s Fiber Mill, hope this has helped you.
We wish you much success as you sell your precious fibers to a waiting public.