We Grossed $6k in Candle Sales! | April 2024 Profit & Loss Breakdown As A Small Business Owner

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  • Опубликовано: 15 май 2024
  • ⮕ DOWNLOAD MY FREE CANDLE BUSINESS CHECKLIST: www.ericamariemorris.com/chec...
    📦 MASTERING SHIPPING COURSE:
    www.ericamariemorris.com/Mast...
    ✏️MY BUSINESS PLANNER NOTION TEMPLATE:
    www.ericamariemorris.com/busi...
    ⮕ CANDLE BUSINESS PRINTABLE WORKBOOK: www.ericamariemorris.com/work...
    ❤️ MY ETSY SHOP FOR CANDLE MAKERS: www.etsy.com/shop/MBCCDesigns
    (I sell editable digital templates for candle business owners such as warning labels, candle label designs, business card designs, thank you cards, and more!)
    ❤️ MY BRAND WEBSITE: memoryboxcandleco.com
    ❤️ Want To Show Extra Support? Join My Channel Membership: / memoryboxcandleco
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    👇🏼 ALL MY CANDLE MAKING/BUSINESS SUPPLIES AND TOOLS 👇🏼
    • MUST HAVE CANDLE MAKING SUPPLIES FOR BEGINNERS: taplink.cc/memoryboxcandleco/...
    • ADVANCED CANDLE MAKING SUPPLIES: taplink.cc/memoryboxcandleco/...
    • SHIPPING SUPPLIES: taplink.cc/memoryboxcandleco/...
    •VENDOR/POPUP SUPPLIES: taplink.cc/memoryboxcandleco/...
    • PRODUCT PHOTOGRAPHY EQUIPMENT: taplink.cc/memoryboxcandleco/...
    • BUSINESS TOOL/SOFTWARE LINKS: taplink.cc/memoryboxcandleco/...
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    I Couldn't Run My Business Without These Platforms:
    ✨ JOIN QUICKBOOKS: quickbooks.grsm.io/memoryboxc...
    ✨JOIN INVENTORA: inventora.co/memoryboxcandleco
    ✨JOIN SHOPIFY: shopify.com/referrals/friend?...
    *if you sign up for Shopify through my link above, we both get a $100 subscription credit!*
    (www.shopify.com/referrals/ter...)
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    Want to binge more candle making/business content? Check out my playlists:
    🖥 Candle Making For Beginners: • STEP BY STEP: How I Ma...
    🖥 Candle Business Tips: • What I Wish I Knew Bef...
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    DISCLAIMER: Everything shared in my videos is my own personal experience and is for educational and informational purposes only. If you are wanting to start a business, always seek legal guidance from a local business attorney and certified public accountant to make sure that you are running your business legally. Everyone is responsible for their own product testing and business structure and I will not be held accountable.
    *Some links are affiliates. As an Amazon Associate I earn from qualifying purchases. I get commissions for purchases made through links in this post.
    I do not own the music in this video, all attributions:
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    Music by Mathew Rodriguez - Only Friend - thmatc.co/?l=4783D60C
    chill. by sakura Hz / sakurahertz
    Creative Commons - Attribution 3.0 Unported - CC BY 3.0
    Free Download / Stream: bit.ly/chill-sakuraHz
    Music promoted by Audio Library • Chill - sakura Hz (No ...
    Title: chill by sakura Hz
    Genre and Mood: Hip Hop & Rap · Calm
    -----------------------------------------------------------------

Комментарии • 27

  • @MemoryBoxCandleCo
    @MemoryBoxCandleCo  20 дней назад +2

    JOIN QUICKBOOKS: quickbooks.grsm.io/memoryboxcandleco6131
    DOWNLOAD MY FREE CANDLE BUSINESS CHECKLIST: www.ericamariemorris.com/checklist

    • @randycarson9812
      @randycarson9812 6 дней назад

      How many COMBINED man-hours do you and Chris put into the business each month? I'm trying to figure your total income PER HOUR. Thanks!

  • @CooleyMediaProductions
    @CooleyMediaProductions 20 дней назад +10

    We just launched our candle company. Spent the last two years learning from your channel. Thank you so much for everything you do!

  • @chaos42207
    @chaos42207 20 дней назад +4

    We officially launched in April. We have 2 more big events this month, I am hoping to cross $2500 this month. 2 weeks ago was our first event and did better than I hoped. If I can even come close to my $2500 goal I will be ecstatic. One day would love to be at 4-6k but I have a long way to go and I am just enjoying the ride

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  20 дней назад +1

      That’s amazing!! ❤️

    • @DelicioussByCece
      @DelicioussByCece 19 дней назад +1

      Same here hoping for 2k

    • @chaos42207
      @chaos42207 19 дней назад +1

      @@DelicioussByCece that's awesome. Here is to our goals and growing businesses!!

  • @scentedlegacy
    @scentedlegacy 20 дней назад

    Very informative! Also, enjoyed a quick look at quickbooks. Thanks so much!

  • @dallashorner
    @dallashorner 19 дней назад

    Thank you so much for sharing this awesome info! I will definitely be signing up for Quickbooks thru your link!

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  19 дней назад +1

      Thank you for watching and I hope QuickBooks can help you with your business!! ❤️❤️ also, I really appreciate you using my link ☺️

  • @jejebenji
    @jejebenji 20 дней назад

    Love these videos! Thank you

  • @randycarson9812
    @randycarson9812 18 дней назад +1

    How many COMBINED man-hours do you and Chris put into the business each month? I'm trying to figure your total income PER HOUR. Thanks!

  • @suam6972
    @suam6972 20 дней назад

    Thanks for sharing! I’m using quickbooks online also. How do you separate online sales and local markets (or point of sale) sales? Do you use Shopify for markets as well?

  • @the1994candleco
    @the1994candleco 20 дней назад

    Love this! Which version of quickbooks do you have?

  • @ianisabelklay3518
    @ianisabelklay3518 6 дней назад

    What was the net profit for April with expenses accounted for? I wonder if it is indeed a profitable business and replace a full time job time specially when you have to take account you have to pay mortgage, car and living expenses, utilities etc on a monthly basis as well. If this was a full time job, how do you guys plan for 401k retirement, etc? Just curious and would love to see strategies you've taken if this was to replace a full time job

  • @Aysan1S
    @Aysan1S 20 дней назад +1

    I love this! Definetly makes me want to invest in quickbook.
    I do have a question though-- is being an S-corp the best idea? Because it sucks that you are being taxed twice

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  20 дней назад

      In comparison to what I would be paying in taxes overall, I pay way less as a S-Corp (even with paying both employer and employee taxes) than if I was a sole proprietor because of the way it works! ❤️
      I looked into it and realized I would have paid about 2-3x more if I was a sole prop!

  • @hellskitchenkritterandfrie3372
    @hellskitchenkritterandfrie3372 17 дней назад

    Thanks. This is helpful; so we don’t have to reinvent the wheel.

  • @aliciahunt274
    @aliciahunt274 20 дней назад

    I love that you are honest and share this information. Is this just your income? Does your husband work this full time as well?

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  19 дней назад

      As of right now this is all the income we have coming in :) my husband does all the production/inventory and shipping for the business!

  • @hi-cblanco7913
    @hi-cblanco7913 16 дней назад

    Erica, you look like you havent showered in your new vids😊