Know Your Numbers!

What is the Cost of Goods?   As a maker, this represents the direct cost of producing ONE item. It includes expenses like raw materials, direct labor, and manufacturing overhead.  

Before you can set a price, or even dream about sales goals and big money profits, you need to understand exactly what goes into making your product. Most makers underestimate time, forget packaging, or don’t count overhead. Let’s fix that! 

Gather your costs and enter them below to determine COST OF GOODS.

TIP: If you produce more than one item, do this calculation for EACH one.