Manage Your Soap Shop So You Don’t Wash Away Profits

It doesn’t make sense. You’re selling a lot of your soap but you’re not moving forward. It’s keeping afloat, but things could be better. If this sounds like you, then you need to rework your craft soap shop’s finances.

Take a look at your prices and see if you can increase profit margins. Be sure to budget in such a way that you account for taxes and deductible expenses. Lastly, kick aside some money to reinvest in your business so you can expand in the future. It’ll be work, but it’ll be worth it. For more on craft shop finances, click here:: Four Lessons for Financial Success

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