Hello, everyone!
For today's post, I'm not sharing a project, but some information. Very early into my paper crafting journey, I realised the need to develop a system that would help me calculate a reasonable Selling Price for my cards and scrapbooks. And when I say reasonable, I mean something that would help me recover my cost and make a profit, while at the same time not ripping off the customer. While the profit is easy to determine, it's the cost that was a problem.
Thankfully for me, I could apply whatever little I knew about Costing into creating a formula. During my five years as a crafter, I have been asked this question by a few other crafters and I have shared my calculator with them, but I guess just sharing the file without explaining what it is and how it works would be useless. So today, I have decided to not only explain how the file works, I will also explain how you can make it suit your needs. At the end, I will also give you a customizable excel sheet that you can start using immediately. And of course, if you still have any questions about how the hell the damn file works, I am right here to answer them. :)
So are you ready? This is going to sound like a Costing lecture and it may be long, so why don't you grab something to sip or munch. And while you're at it, even though this post is public, you might want to keep a notepad and a pen/pencil handy in case you want to write something down. So let's get started.