Event budget

What’s your budget for each craft fair?

List every fixed and variable cost, set a profit target, and price/plan inventory to hit it.

Before each fair, list fixed costs (booth/table, travel, parking/tolls, lodging, permits) and variable costs (materials, packaging, promos, consumables). Assign amounts so you know the total outlay.

Example: fixed costs $230 ($100 booth + $20 parking + $60 gas + $50 lodging). Variable costs $170 ($120 materials + $30 packaging + $20 flyers). Total = $400.

Set a sales goal

To keep a 30% margin on $400 costs, aim for about $570 in sales ($400 ÷ 0.70). Spread that goal across your inventory—if you plan to sell 50 items, average price needs to be ~ $11.40.

Compare plan vs reality

After the fair, record what you actually spent and sold. Adjust next time—bring more of what sold, trim extras that didn’t matter, or reroute to cheaper travel. A simple spreadsheet or sales app that tags fees and costs keeps the math easy and your margin in sight.

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