The Sewing Mom

Sewing Business

9th May 2008

Sewing Business

Being together with my sisters and mom gives us a chance to really talk about our future sewing endeavors and how we want to proceed with the business side of sewing.

We’ve been discussing our operating costs and the cost of buying fabric as well as the best way to keep track of our expenses and sales. We’ve talked about tax i.d.’s and wholesale licenses, sales tax and shipping costs. We really want to keep things as simple as possible, especially because we do all live so far apart.

We started talking about possible getting a credit card account that we could all use, possibly even a small business account. Something with good rates and no annual fees. This could help us track spending. The biggest question is which card out of the hundreds (or possibly thousands) available should we look into. It will help to see credit card ratings and compare a variety of cards before making a decision. The last thing we want is to add credit card fees to our expense ledger, that is money we’d much rather spend on fabric.

We’re all looking forward to our sale in July. It will be a true test of what will and won’t sell.

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