Inventory List and Inventory Tracking – Earn Money From Home With Jewelry

Your jewelry making hobby is a thriving business earning money from home. No more daily commuting to and from the office, no monthly gasoline expenses and other vehicle expenses, no time clock to punch, no more following orders from another or others.



The most important thing to you is to be able to have a flexible schedule which allows you to balance personal and business life on your terms. Thank goodness for having made a decision to starting a home business making jewelry.



Here are some ideas or tips to get organized with your inventory list and inventory tracking.



You will need a notebook or a computer. I personally prefer a loose-leaf folder so that I can add pages as needed without disturbing the other categories to log jewelry projects. I do the same with the computer; however, the loose leaf folder seems to be more convenient when mobile. It is also a hard copy when the computer fails.



Arrange your notebook into sections dividing the types of jewelry that you construct.



Label pages: necklaces, bracelets, rings, earrings, pendants, novelty items, and specialty items

Number each design as you make it. This is a running total of your inventory.

Date of finished product

Assign a code number to each creation

Name your design if possible

Describe your design

List the amount of time to construct

Material costs

Retail selling price

Date sold

Customer or self comments



This inventory list will satisfy the inventory tracking because it gives you a picture of the dates, financial history of costs and profits. It is quick and easy reading. The comment section will let you know if you will need to repeat your jewelry design because it was popular or to remove the designs that are not selling.



Coding is critical. Not only do you write your coding in your notebook, but you will need to write that coding on the jewelry price tag. The coding can be of your creation. To help give you a hint as to how you may wish to do it.



Here is an example of my code – 11020101295. These series of numbers lets me know that this is necklace number one, which was finished October of 2010 and sells for $12.95. During the sale I will remove the ticket and match the code to the notebook listing, and write any comments the customer may have offered or a comment I think is important. If you are busy with sales and cannot do this at the end of the day, fill the information as you go along.



When you review your inventory list match the jewelry tag with the notebook inventory list and you will immediately see the inventory tracking of how many jewelry pieces were sold and how many remain in inventory. This tracking information tells you how many more jewelry articles you will need to design.



Need more information? Visit the home page of Tricia Deed at http://www.Infotrish.vpweb.com/ and review "The A-Z Steps to Becoming a Jewelry Designer".