Скачать или смотреть Using the Rule of 33 to Calculate Profit for a Blacksmith Business: The Business of Blacksmithing

Are you making a profit in your blacksmith business? Are you lost when it comes to quoting a job? In this video, we'll discuss how we use the rule of 33 to figure out our business expenditures and profit margin.

I’ve come up with a resource eBook to help you price your forged items called the BLACKSMITH CHEAT SHEET [see the vid here-    • The Blacksmith Cheat Sheet: Pricing a...  ] or you can download the eBook for $10 from our website at http://www.blacksmithpdfs.com .

The three main categories that pertain to running most businesses include: fees (selling fees, credit card processing fees, and taxes), business expenses (overhead shop costs and material costs), and profit (in this case, the owner's cut, so you have some money to live off of).

We use this rule of thirds to calculate our own business expenditures here at Christ Centered Ironworks. You can also do the math backwards to calculate how much you should quote a job at.

This rule of thumb is great for blacksmiths, or a wide variety of crafters, and general businesses. If you run your business by different rules, we'd love to hear about it in the comments.

Check out my downloadable pdfs at www.blacksmithpdfs.com .

If you'd like to visit my youtube homepage, you can do so at    / christcenteredironworks  .

You also might like our intro video we did for the Business of Blacksmithing series:    • The Business of Blacksmithing: Blacks...  

The Business of Blacksmithing PLAYLIST    • The Business of Blacksmithing