So I've been doing some soul searching and some scheming and have decided to give myself one more year to make it work. During this year I have a few concrete measures I plan to take to try to improve my efficiency.
stop wasting timeTime is money, right? So I am becoming acutely aware of when I am wasting it.
A little harder to quantify, but keeping the office & studio more clean and organized is another of my measures. I just hate spending time and energy trying to find a certain fabric or trim, even just my scissors, while the clock is ticking. 15 minutes at the end of the night folding and putting away will keep it under control (I hope).
keep on top of the accountingI really should be adding up my receipts and expenses monthly. Duh! So I know if I'm veering off track. Bad me for not doing it sooner!
stop over-buying fabric
stock certain supplies
rethink what I sellThis is a hard one because it really is the core of the problem as much as I hate to admit it. I can't compete on price with mass produced children's clothing. I pretty much charge the the maximum amount the market will bear for, say, an appliqued onesie. Yet these onesies take 3 hours or more to complete and if you subtract the cost of materials, I pocket minimum wage at best for my work. People like them and can tell they are better than something from Walmart, but do I want to continue on this trajectory to nowhere?
pursue other creative endeavors
Sigh! The reality-check of tax time!