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