My new favorite yarns for making crochet amigurumi are DK and sport weight yarns in cotton, cotton blends, rayon blends and dralon microfiber. I’ll explain why.
When you have a yarn related business, it’s important that you are making a fair wage while pursuing your passion. You need to know what your personal fair wage is so that you can properly price your finished handcrafted items or patterns. Most articles written about pricing handcrafted items mention using an hourly rate of …
It all started with a hank of Malabrigo sock yarn in a colorway called Archangel.
A cowl that looks like a shawl but without all the issues of learning how to wrap it or keep it in place and a lovely lace knitted beanie made a perfect combination for my teenage granddaughters for Christmas.
Over the last several weeks, I’ve been taking a class offered through the American Crochet Association – called Crocheting for Profit. This has been a REAL eye opener, especially after the two less than stellar experiences at the craft fair. What I’ve learned so far through this class is that I’m really not charging enough! Imagine that. There is a lot of discussion about making a “fair wage” for your handcrafted items and I totally agree with that. But yet at the same time, how difficult it is to compete with someone who charges basically for materials and a few bucks in their pocket or the cheap mass-produced stuffed animals that you can buy at Walmart.
It is hard not to see dragonflies as something mystical and wondrous – they seem to defy gravity with four transparent wings as they glide over hidden pools and near bodies of water. As a totem spirit, the Dragon fly teaches us whim, transformation, and adaptation to enliven our souls
In reality we have two types of of inventory:
1. our raw materials
2. our finished objects
Both of these have value and we must record or track this value (cost), not only to report on our business tax returns but also so that we can also calculate the sales price of our finished item.
Bookkeeping and Accounting in Your Yarn Related Business (BAYYRB). Because both knitting and crocheting are both considered hobbies you are going to have to “prove” to the IRS that your yarn related business is something that you started in order to make money (a profit) from.
Everyone loves mermaids and this has to be the most adorable of all the crochet mermaid patterns available! Finny is designed by Esther Emaar of House of Creations.
Over the last year and a half as I’ve been S-L-O-W-L-Y launching Fanciful Things I’ve read a lot of articles, listened to a lot of webinars/podcasts and taken some classes on starting a yarn related business – I’ve gained a lot of useful information but the one area that seems to come up short is bookkeeping and accounting for your yarn related business.