Working as a crafter can be incredibly exciting but it is important that you find a way to manage your stock effectively. Many home crafters will sell their items through a number of channels, such as an online store, in other shops and even through fetes and fairs. Due to the variety of places that items are sold, it is important to have a clear idea of what stock you have available and how many items you may need to make.
Having a way to check your stock levels can help provide you with information such as which items are selling best as well as when you may need to craft more items for particular events or at particular times of the year.
There are a number of accounting software options that you can source than an Accountants Swindon way like chippendaleandclark.com/services/accountants-swindon/ that will allow you to track your stock levels. This also helps the account with preparing your end of year tax returns as they can see what stock you may have left in your business at the end of the financial year.
If you make items that have a specific shelf life, it is important that you store these correctly and make note of their use by dates in your stock control software. You can then identify whether you need to have a sale on specific items in order to try and clear some stock.
