I've been checking out some blogs on Pinterest about preparing for Craft Fairs and they really do offer a lot of good information. One of the first things I wanted to do was to figure out what my wreaths are really costing me to make. I created a table in Microsoft Word that uses formulas to determine what the materials I am using are costing in creating a wreath. I also included information about shipping to determine my overall costs. Here's what my table looks like:
Wreath Creation Cost Sheet
I've included a copy of this table with each wreath I've made along with a picture of the wreath. I am making different documents for each craft show I'm doing that includes all the wreaths I'm offering for sale at that show.
One of the suggestions I found about craft shows is to create unique price tags. I found a dove punch for scrapping and I decided to use that and twine for my price tags. I really like the way they look. I found a wooden bucket on clearance at Michael's last month and I'm going to cut the tags off as I sell them and keep them in the bucket to help record my sales. I haven't come up with a good way to number my inventory yet, but I'll include that on the back of each tag.
Now I just need to get working on my inventory. I have 3 craft fairs coming up. My plans are to start with 10-15 wreaths for the first fair, then to make sure I have at least 20 for the next two. I am completely new at this, so any additional advice would be greatly appreciated. Now back to work!