Last month is the first month in 11 months that the company has had more income than expenses.
This is because traffic to the shop through Etsy has increased resulting in 9 online orders. Additionally, only 2 of the orders came from Etsy’s Offline Ads program which incures an additional 15% fee for advertising.
Monthly expenses have dropped off now that the workshop and rope machine are mostly setup. Still have things to do but most of the materials required have already been gathered.
Soon I’ll need to build a winding machine and yarn inspection table which will require some hardware, a motor, a foot control switch, and a speed control switch. Hopefully I can build it for less than $500.
