Last week I started reading How to Succeed as a Small Business Owner...and Still Have a Life by Bill Collier. Let me reiterate: I am a teacher, not a business person. I am terrible at numbers, I have trouble organizing all the diverse products I carry, and I am taking baby steps learning the technology that will help me move into this virtual business world.
To that end, the first step was my husband patiently teaching me how to set up a spread sheet. This way, I am able to track daily, weekly, and monthly sales. I can see what my daily average is, and we can project what I need to make to make rent and bills. The problem right now is that the permanent space we are looking at is $1,000 more each month, so we also have to project future needs. Yikes! Now it starts getting scary.
Always before I had a full-time salary to bolster the whims of setting up a booth at the Denton Jazz Festival, the Muskoogee Castle, or Hawkwood's Fantasy Faire. Now, this is our way of life--let's see how it goes.
Saturday, February 13, 2010
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