What will the Inventory Cost & Pricing spreadsheet do for me?
A lot! This powerful tool will assist you with the following business tasks when it comes to handling your supplies & finished goods:
You keep putting off entering your supplies purchases because it takes so much time & energy. You aren’t sure of the best way to keep your purchases organized, so you just shove your receipts into a folder and save that for later.
When it comes time to price your creations, you aren’t totally sure how much they cost you to create. You’re overwhelmed by all the pricing formulas out there, so you guess at a price. Maybe you base it on what your competitors are doing, maybe you come up with your own formula. But you aren’t really sure if you’re doing it right, and if your prices will keep your biz profitable.
You don’t have time to create a solid system for inputting and tracking your finished goods available for sale. When tax time comes around, you spend hours Googling “ending inventory” and “cost of goods sold” and realize you have many hours of working backwards to produce the amounts you need for your return.
Knowing just how much your products cost you to create & how much you should sell them for are huge MUST DO and MUST DO RIGHT tasks for anyone who is serious about building a profitable business.
That’s exactly what this spreadsheet does for you – it takes the guesswork out of costing and pricing your goods.
It’s time to save yourself the stress and get a system that does the number-crunching & heavy-lifting for you. Stop staring at your computer screen and have more time to do what you love – create (and make money!).
Based on user feedback after selling hundreds of copies, I’ve added more features to the spreadsheet to make it even more helpful at tax time. New supply quantity tracking helps streamline your year end inventory count, and you can use your spreadsheet to verify your ending inventory cost. The spreadsheet also summarizes your total inventoriable supply purchases for the year. Get peace of mind by having exactly what you need to fill out the inventory section on your business’ tax return.
Stop “just guessing” when setting your prices. Take control of your costs. Get organized. Increase your profits. Know your stuff.
It doesn’t have to be hard if you have the right tools. Get educated and get confident about your pricing formula. Save your time and energy so you can get back to creating. Let the Inventory Cost & Pricing spreadsheet grow your biz today. Available as a basic spreadsheet package or as a VIP package with access to our private Facebook forum.