Craft,Show,Listings,Understand business, insurance Craft Show Listings - Understanding The Business Side of Art
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Do you have thegift to produce something creative and functional out of just anything? Do youpossess a one-of-a-kind trash to cash talent? Are you looking for a new sourceof income or simply for an extra means? Fairs and Festivals are at your serviceto address the common questions asked regarding the business side of craft showlistings. Setting Prices for Arts and CraftsPrices are basedon your business and financial goals, and costs and expenses. If you are ableto hit the right price for your goods, youll make your customers satisfied,and your profits increasing. The perfect word to describe the price isreasonable not cheap but reasonable. Being reasonable you are able to coverall your incurred costs and expenses plus profit. Your profit must be scaled insuch a way that your product is not too expensive to drive away buyers nor toocheap to give a low quality mindset and scare them away as well. Selling priceshould be able to keep the business rolling till the Return on Investment (ROI)is met within the identified period of time, or else youll find yourself outof business in no time or you are sweating yourself out for a simple thank you. Licenses, Permits and Taxes Required in a Craft ShowCraft showrequirements depend on the country and state that you are located and/or wherethe show will be held. Different areas necessitate varying documents to get theshow started. Basically, you can apply for all of these from your localgovernment offices or online if they have established their website. Licensesand taxes are most of the time necessary to participate in a craft show. Permitson the other hand depend on the location and on what you are selling edibleitems for example surely requires permit to check if it is safe to eat. For furtherquestions and clarifications you can contact directly the show promoter forassistance. Receipt Creation and IssuanceReceipt is theproof of purchase and sales. From the receipt, profits gained and taxes to bepaid can be drawn and calculated. It is important to highlight the productdescription, quantity, price, tax (percentage of the price), store name andsometimes the customers name and signature for verification. It is significantto produce 2 or more copies of each receipt issued customers copy, sellerscopy and an extra copy for whatever purposes it may serve. Payment MethodsOffering severalpayment methods equates catering a greater market size. These methods includecash, credit card, check, PayPal merchant account, online/ecommerce store (foronline selling), and Intuits GoPayment merchant service (for mobile). You cantag along your laptop with you so that you can transact online payments. Yourcomputer is the card terminal, which works with PayPal. Major credit cards areaccepted, and the money gets into your account immediately. When it comes tochecks, you have to be very cautious about it. Get the important details aboutthe buyer (name, address, contact number, e-mail address, and photocopy of hisvalid I.D. if possible). Keep in mind that bouncing checks will definitely giveyou a massive headache.
Craft,Show,Listings,Understand