March 26, 2008

If I stop having my craft business, what will I do with my stuff?

in Uncategorized

I have been seriously pondering pulling everything out of my Etsy shop (or having some “business closing sale”), and finish having my craft business.

And really, I’m pretty fine with that idea. I’m actually more than fine with that idea. I don’t like the book keeping aspect of it, and know that I often don’t put the time into it that it would need (and other times just put far too much time into it). Seriously — it is WAY appealing to me to not have to deal with junk like sales tax, inventory tax, year end taxes, etc.

Oh…and then there is the little fact that though I went into this as a business, I would guess that there will come a time when the IRS says it is a hobby.

My only real issue is — I love making saints bracelets, rosaries, and the like. What will I do with them if I don’t put them in my Etsy shop?

ETA: Oops — sorry if I wasn’t more specific. Thanks for the comments, but I was actually just asking what I would do with things I made if I didn’t sell them at all (craft shows, etc. included). I’m not really looking for alternate selling options versus Etsy. Just was worried I would have tons of rosaries hanging around my house.

Maybe I’ll just keep my shop and only put in stuff when I feel like it and just not worry about it. Oh, and then there is also the controlling what I spend as to make the business not a loss. (I’m bad like that, of course.)

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