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Handmade Business Tools

The hardest question in handmade work is not how to make the thing, it is what to charge for it. These tools answer that question with your own numbers: what a piece costs you in materials and time, where the break-even point sits, and what is left after the marketplace and the payment processor have taken their share.

Pricing and cost calculators

Craft specific pricing and costing tools. Each one works the same way: you supply the numbers, it shows the arithmetic, and it states what it assumes.

Break Even Calculator

Find the number of units a stall, a range or a workshop has to sell to cover its fixed costs, after fees.

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Commission Calculator

See what a marketplace commission really takes, compare two platforms, and find the price needed to keep your margin.

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Craft Fair Profit Calculator

Work out whether a craft fair is worth doing, from the stall fee and the travel to the profit per sale.

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Custom Order Pricing Calculator

Quote a bespoke order from the design time, the materials and the risk, with the deposit and the fees worked out.

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Discount Calculator

See what a discount really costs in margin, and what the price must be to give one without losing money.

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Inventory Calculator

Work out what your stock is worth, how fast it turns over, and when to make or order more.

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Labor Cost Calculator

Put a figure on the hours a piece takes, with the prep, the finishing and the admin time that usually goes uncounted.

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Packaging Cost Calculator

Add up what one parcel of packaging costs, per unit and per order, and see what share of the price it takes.

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Product Cost Calculator

Add up what one handmade item actually costs to make, with the waste share and the overhead included.

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Profit Margin Calculator

See the difference between a margin and a markup on the same cost, and price from either one deliberately.

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Retail Price Calculator

Set a retail price from a wholesale price using a shop multiple, and see the margin that leaves at each end of the chain.

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Shipping Cost Calculator

Work out what it costs to post one order, including the packing, the insurance and the dimensional weight.

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Wholesale Price Calculator

Work backwards from the retail price to the wholesale price a shop needs, and check the profit at both.

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A candle pricing tool is a business tool that happens to be about candles. These live in other craft sections but do the same job.

Guides

Margin and markup are not the same thing

Margin is a share of the price

A 40 percent margin on a price of 100 keeps 40. The cost therefore has to be 60 at most, and the price is worked out as cost divided by one minus the margin. This is the number the tools here use, because marketplace fees are also taken as a share of the price, so the two belong in the same sum.

Markup is a multiple of the cost

A 40 percent markup on a cost of 100 adds 40 and sells for 140. That sounds like more money, and it is a smaller share of the price than the same percentage of margin. Doubling your materials is a markup, not a margin, and it is why so many handmade prices come out too low.

What these tools will not do. They do not set your prices for you, and they cannot tell you what your market will pay. Every figure they show is arithmetic on numbers you typed, and every page states its assumptions where you can see them. Setting a price is a decision about your time, your materials and your customers, and that decision stays yours.

Nothing you enter is stored, and no account is needed to use any of it.

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