Articles tagged with: Costing Products
When I first started out with my handbag company I was in the dark about everything. I had never taken a business course of any kind, and was really relying on my own savvy to get through it all…….not knowing (or even being aware) of what big mistakes I was making every day. All this cost me so much money…meaning that I didn’t understand costing, margins, or budgets (even though I managed million dollar movie budgets, but somehow when it was my own money I just put on blinders). It was so …
Seasonal roll-outs are really important to stay on top of. Be sure to find out when the tradeshows and market weeks are going on throughout the year for your particular product line and make sure you are approaching buyers accordingly.
The more experienced you "appear", the more seriously buyers will take you. Each product line has it's own "life span"……do you follow traditional seasons, Hallmark Holidays, or major trends……perhaps you dip your toe in some or all?
Whatever it is, you want to stay on top of it by marking all of …
I have been working on my calendar for next year and I wanted to share a few tips and tricks that I find really helpful to keep your business running more efficiently and hopefully, with less forgotten details.
As many of you know, I am a single mom to 4 yr old twins and don’t have one second to spare (most of the time) unless of course you want to come over for a martini! I am the queen of organized and rely on my calendar to tell me what to do …
Business, Entreprenette, Manufacturing, Marketing, Nuts & Bolts, Sales, Wholesale »
Dear Sarah,What are the pros and cons of manufacturing in the USA vs. Overseas and vice versa?
Robin Humphrey http://www.robincharlotte.com
Thanks for this great question. This can be complicated so I am going to give you the short answer…..even thought it’s not that short!
Pros of manufacturing in the USA:
You can see/meet them face to face.
You don’t have to give a 30% deposit to start.
You can monitor the progress yourself.
You save on fed-x charges for samples and stuff.
You can usually make smaller quantities.
You might get faster delivery if it’s local.
So many people ask me how to determine their minimums, if they should have one, and what the point of it is anyhow. Since there are many answers, and you are the only one (perhaps with my help) who can determine this for yourself, I will give you some scenarios and options to help you make the choice wisely.
NOTE: Minimums are what you require a store to purchase each time they order. You may decide to have a larger opening order (meaning the first time they buy from you) and …