Budgeting

Do you maintain a formal budget for your craft business?

A budget helps vendors understand how much they need to earn and where money is going.

Budgets don’t need to be complex. Many vendors simply estimate expected monthly income, list recurring expenses, and track how actual numbers compare. Over time, this highlights problem areas like rising supply costs or underperforming events.

Budgeting makes cash flow more predictable and reduces surprises.

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