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Tuesday, November 24th, 2009

Tips for Starting Your Crafting Biz

March 22, 2009 by Mary Emma Allen  
Filed under Home & Living

Tips for Starting Your Crafting Biz

When I wrote the post, From Crafting Hobby to Business,  I didn’t realize Jean Murray, at b5’s Home Biz Notes blog, would be writing a series that goes right along with this and gives you additional information.
Check out Jean’s post, How Do I Start a Home Business, for great step-by-step suggestions.  Here Jean also talks about getting your customers and will continue the discussion in another post.
In my next post, I shall present information on some reasons why a crafting home business isn’t so rosy as you might think at first glance.  Look at all angles when determining whether to start …read more

What Should You Charge in Your Quilting Related Business?

February 16, 2009 by Mary Emma Allen  
Filed under Home & Living

What Should You Charge in Your Quilting Related Business?

When you start a quilting related business, whether providing services or selling products, you always wonder what to charge.  Should you start out lower than the competition because you aren’t sure if you’re as good as others?  Or should you charge what everyone else is?
If you’ve developed a reputation for yourself already, you definitely can get top dollar when you begin a business.  But what if you’re fairly new and don’t have a household familiar name?
Jean Murray discusses this topic at Home Biz Notes, Should New Home Business Owners Charge Less?  Take a look at Jean’s post and see what …read more

Does the IRS Consider Your Quilting a Hobby or Business?

July 7, 2008 by Mary Emma Allen  
Filed under Home & Living

Does the IRS Consider Your Quilting a Hobby or Business?

QuiltingAndPatchwork.com
If you’ve begun to earn some income from your quilting or related activities,  when does this transition from a hobby to true business?
Jean Murray, at Small Business Boomers, has a great post with information about what the IRS (Internal Revenue Service in the US) considers a true business. You might like to check out her, Boomers Retiring to “Fun” Businesses: Is birdwatching a business?
She mentions some of the criteria the IRS uses to determine whether you’re en titled to deduct your losses from the business you’re operating or starting up. Jean does mention that writing is one business that’s easier …read more


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