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How to turn a hobby into profit....suggestions...
'ello curlies! I have ventured into the world of crochetting and knitting. I have only made scarves and blankets before. It's a new year so I decided to learn a few new crafts.
I have a few questions:
1. How much would you pay for an item like the above?
2. Does anyone here have experience in knitting and crochetting - who would be willing to answer a few questions? Such as how to learn how to read a pattern. I pretty much just wing it on figuring how to make something. This is my second hat. I made an owl hat last week. My goal is to get better techique and improve quality.
3. How do you determine profit? I figure I'd like to make about X per hour...time, cost, and material.
It takes about $2 worth of yarn and two hours to make the hats and scarves.
I have made a lot of different purses lately and a lot of people at work have expressed an interest in having me make them one. I'm just not sure how to go about pricing at a decent price and still make a profit.