How do I add items from my hobby into inventory for my business?

by Caroll
(West Virginia, USA)

I have been accumulating beads, findings, vintage jewelry and more for over ten years, just because I wanted to learn to make jewelry. Now I want to turn my hobby into a business and am confused on how to account for items I no longer have receipts for. I have thousands of dollars worth of "inventory" to deal with. Now I keep my receipts and organize everything as I get it. Do you have any suggestions?

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also need advice
by: Anonymous

I'm doing the same thing. Would love to hear if you get any advice!

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hobby into Inventory for my business
by: Ellie

I believe you can sell your stock to your business as a second hand purchase, this is what my brother did when he went self employed as an electrician, he sold himself all of his tools and gave himself an invoice for it! This way it goes through the books properly as a cash purchase.

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Nice post by the way NEW
by: kukuarmurta

While writing some articles may help you to earn money but it would help you more if you sold out your articles. Therefore i started college papers to buy online with cheap prices and hence sold it out will minimum possible rates. Commission is little but it also increased my sales.

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Hi NEW
by: Kurt Perry

Maybe you can use exel for your inventory, or you can ask someone to make a system for your inventory.

buy soundcloud plays

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How do I add items from my hobby into inventory for my business? NEW
by: Anonymous

Compare with gems online. It may take time, but it's an investment that needs to be properly inventoried.

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