More Organization – what’s ahead for this week
Hello all! It’s Jaci (jmk_akk) taking over the role has head blogger this week. I loved reading Heather’s organizational tips last week. Her posts gave me a lot of food for thought. I have a good (well, pretty good) system set up for my inventory and shipping, but there’s always room for improvement and anything I can do to streamline a process and save me some time is always a good thing!
I want to continue along the theme of organization this week and I plan to go a little more in-depth on record keeping. I think the only thing that can be more of a time-sucker than looking for an item you sold that’s buried in an un-organized pile of inventory is trying to figure out how much you paid for that item if you haven’t recorded it. There’s probably a million different methods for keeping track of your costs/profits, so I’ll share what I do, but I welcome any comments or suggestions to the process.
At some point while running your own business…..somebody is going to want to know if you’re making any money at it. For sure Uncle Sam is going to be curious, and probably your tax preparer, too. Even your spouse might want to know if you’re bringing in some money or just spending a lot of time shopping and playing on the computer. No matter who it is, having a good record-keeping system will allow you to readily know just how your business is doing.
So, as we approach tax time, if you’re overwhelmed by the receipts piling up on your desk and threatening to overtake your office….
I hope some of the tips I share this week can get that mess under control and make you feel much more organized.
If you have any suggestions for other organizational topics that haven’t been covered or you’d like to be covered more in-depth, feel free to leave a comment or email me at jaci@herecomesthestork.com and I’ll try to get them in a blog post later this week!
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Thank you so much! As I said last week, record keeping is most definitely my weakest area, so I can use all the help I can get.
This afternoon I am going to TRY to install and begin using Jen’s Easy Auction Tracker Spreadsheet. That’s pretty much my only game plan so far! lol Bring it on Jaci!
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Looking forward to it!
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If the second picture is you office; I love it!
I am looking forward to your week of blogging.
I dont keep track of each item seperate but I do keep track of all my costs (money that goes in and out) for my Ebay business.
I wonder if its neccesary to keep track of each seperate item or if it is good enough the way I do it.
It always works for filing my taxes so I think its okay …
Anyway look forward to see hear how you are organized
Jolanda
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Thanks Jaci! Looking forward to it as well.
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Sounds like just what I need.
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I am looking forward to reading how other people organized their purchase receipts and things like that. I think I have a pretty good system, but there is always room for improvement and especially time saving tips. Can’t wait!
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The 2nd picture is NOT my office….but I wish it was!
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I use a spiral notebook for writing down how much I paid for something and then print off 2 PayPal packing slips when something sells. 1 is to put in with the package and the other is to keep for my records. On that slip, I write in Ebay & PP fees and how much I paid for the item (referencing my spiral notebook) and then I determine what my profit is. Yes, I’m sure there is a much more efficient way!
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Looking forward to seeing what tips come out this week
New year, new time to look at whether or not there is a better way to operate!
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