Growing an artisan product business is exciting, but it can be a long and lonely road. Too often, the enthusiasm you had when you launched faded as you learned a few tough lessons. To start, selling beyond your friends and family isn’t easy to figure out. It is wonderful that the people in your life support your business, but at…
Category: Pricing
The Flaws in Paying Yourself Hourly
There are several ways that soap & bath product makers determine pricing for their products. One of them involves taking the cost of supplies, adding in an hourly rate cost (based on how long it takes to produce a product) and multiplying that by 2 or 3. This is FLAWED, and I caution you from using this method from determining…
How Long Does It Take For a Business to Be Profitable?
If you are in the early stages of starting your bath & body product business, you may wonder how long it will take to be profitable. Funny thing about this word, is that it can actually mean different things to different people. More on that in a sec. When I first launched my business, I was a hobbyist and not…