How Much Money I Spend Per Month On My Small Business | Business Insurance, Candle Supplies, Etc.

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  • Опубликовано: 2 окт 2024

Комментарии • 85

  • @sbridges93
    @sbridges93 2 года назад +3

    Can you do a video on how to put yourself on payroll?

  • @TianaCoats
    @TianaCoats 3 года назад +16

    Next insurance reps are so shady! They told me as well that they cover candle businesses but it was only general liability. A while ago I switched to Indie Business Network and they have product liability for candles and bath and body and general liability if you need that as well.

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад +3

      Yes! I just couldn’t trust them with all the back and forth information!
      I’ve heard indie is great insurance too! ❤️

    • @TianaCoats
      @TianaCoats 3 года назад +1

      @@MemoryBoxCandleCo Exactly! It was very odd and I couldn’t get a straight answer after talking to a couple different reps.

  • @heavenandlimes
    @heavenandlimes 3 года назад +18

    The second I get notifications from memory box, I hit that like button so fast 💨

  • @1idontwantausername
    @1idontwantausername 3 года назад +12

    On a side note.
    You are not being dramatic. YES IT IS SO ANNOYING when the mail-carrier shoves those cardboard envelopes in the mailbox. Obviously, it shouldn't be bent! So careless!

  • @heathersmith3953
    @heathersmith3953 3 года назад +8

    I had problems with my mail carrier just jamming my order from online labels in my tiny mailbox (cluster boxes so you know they’re small). I emailed online labels and they put a note on my account and they sent my labels in a box now, even if I order just 30 sheets - they have amazing customer service!

  • @kayd9142
    @kayd9142 3 года назад +4

    I reallly wish you would start a program for coaching and guidance. Besides being knowledgeable about the candle buissness.. you are very organized and think out side out the box

  • @canfieldhandcraftedsoaps
    @canfieldhandcraftedsoaps 3 года назад +4

    Great information! Did you factor in the cost of having everything shipped to you in the costs you listed? (I hope that makes sense!) I'm noticing in my biz that 33-50% of my supply costs are for the shipping so I've got to get smarter about that! 😮

  • @mkourpouanidis
    @mkourpouanidis 3 года назад +5

    You can get free thermal shipping labels from ups. You need to make a business account and then you can order them, they also ship them free.

  • @faxardebatintenebris
    @faxardebatintenebris 3 года назад +2

    would you mind sharing what's this additional shopify app you're paying $2 for? thanks :)

  • @homeofcarmen
    @homeofcarmen 2 года назад +1

    Thank you for sharing! How much are your sales each month though? For starting a new business, this seems like a lot of supplies for starting off

  • @Soulful_Spirit_Candle_Co
    @Soulful_Spirit_Candle_Co 3 года назад +2

    Extremely helpful video , I too instantly hit that like button and you’re definitely not being dramatic with the mail , if you could see how some of my items arrive 🤦🏻‍♀️ I actually leave instructions when I order just about everything lol, if they do not have that option I call the company / supplier and leave my instructions that way ,I lost so much $ on destroyed items it’s beyond frustrating. Thank you for another great video ❣️

  • @EclipseBotanica
    @EclipseBotanica 3 года назад +1

    I have gotten to the point where if I click on one of your videos I hit the thumbs up before it even starts 😂 Also I'm buying the respirator in your description, thanks for the tip on Facebook girl. Keep rockin!!!!!

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      You’re the best!! Thank you so much girl!! ❤️❤️

  • @CoffeeGirl203
    @CoffeeGirl203 3 года назад +1

    How did you get Photoshop for $9.99!? They want to change me $24.99 and that's just for Photoshop. Can you please share the link?

  • @brandylucas1783
    @brandylucas1783 8 месяцев назад

    Thank you for your comment at the end for people who are just getting started because it is a little overwhelming to imagine your expenditures. I love the info though so thank you 😊 🎉

  • @minachisperfumeempire9069
    @minachisperfumeempire9069 2 года назад

    Hi dear,I found your channel very good and engaging. Thank you for all the videos for us to get educated in candle making. Do you have starters kit and fragrances.

  • @1111om
    @1111om 2 года назад +1

    Another amazing video filled with super helpful content and support! Thank you for always sharing your insight with such honesty!

  • @henryarango8331
    @henryarango8331 2 года назад +1

    Hi Erica! Thank you soo much for the video! I'm just starting out so forgive my ignorance, but are you able to write off all of these expenses at the end of the year when you do your taxes?

  • @kittykat6830
    @kittykat6830 3 года назад +1

    Can you do a video on your RUclips set up ? And your photography…Your gear/ what you’re looking at ect

  • @TropTrevTv
    @TropTrevTv 3 года назад

    sheeesh lol.. i really like all that stuff, but theres some ways to cut corners on all that spending for anybody watching, idk maybe i just grew up cheap but... New tables & stocking things etc ( Fb Marketplace ) has stuff like that for less. Theres a few sites where you can get royalty free music, as well as just knowing where you can use it, its a little more work but not 50/month, or 600 a year just for music. The lens as well, you can get good pictures without a $1,300 lens.. as a creator as well i definitely agree with having all of that stuff it upgrades your quality even with your background for filming, I'd do the same, but for others just doing it in the house likely don't need to spend hella to make it all look amazing if no one is seeing it. ( the setup not the picture quality ) . Oh and last thing one of my Aunts referred me to an app (Invoice) she uses for her business and says it works good and its free, so going to try it out, and if I dont like it I'll try quickbooks, but it would save im guesing like another 20 or30 so a month.

  • @sandrasosa1986
    @sandrasosa1986 2 года назад

    Do you pay your self and do you count that as an expense?

  • @shunwilliams6180
    @shunwilliams6180 3 года назад +1

    Thank you so much for sharing 🥰🥰🥰🥰

  • @MadysonAncell
    @MadysonAncell 3 года назад

    I just got off the phone with liberty mutual and he told me that they don't have product liability so looks like I may need to look into Indie Business Network!

  • @swarnikareema
    @swarnikareema 2 года назад

    Very informative.. Thanks Erica.. Have you uploaded a video on how to price your candles?

  • @user-iy2ym4xp3m
    @user-iy2ym4xp3m 2 года назад

    Hi Erica! Love your videos! I’m just getting started. I find your videos extremely informative and interesting. Thanks for sharing 😊

  • @samii65
    @samii65 2 года назад

    Hiya Erica, thank you for sharing your books / expenditure with us. I appreciate that 🙏 I need to tidy & go through my books, this might be the push I needed. My tax time isnt until June 30th. I find all your vlogs very helpfu..I have a small candle business, I started last year, but launched in Sept 2021. You're videos are invaluable. Thank you, Mandy - Fleurieu Candles

  • @DeziJ23
    @DeziJ23 3 года назад

    If your using quick books don’t do the self employed you can’t switch until your subscription is over

  • @janhoyle1462
    @janhoyle1462 3 года назад

    Photoshop is better. I’d love my son to move out so I had a room for my business. Start claiming insurance on your labels, they’ll stop ruining them!

  • @JeannetteValenc1a
    @JeannetteValenc1a 3 года назад

    Always watching your interesting vlogs. thanks for sharing.

  • @geadonnamoore2719
    @geadonnamoore2719 2 года назад

    Thanks for this .

  • @cindyhurlbert8740
    @cindyhurlbert8740 3 года назад

    CAn you share what FB groups for candlemakers you are in? Ty 😀

  • @everythingapril327
    @everythingapril327 3 года назад

    I purchase wax/jars/wicks in bulk to save money

  • @dndhomecooking6505
    @dndhomecooking6505 3 года назад

    I enjoy 😊 every video you do as it inspires me but just can not get my candles right I can get a good cold thro but not hot thro and a lot of tunnelling as well so still learning it’s very bad at the moment to get it right

  • @michauxdowning1733
    @michauxdowning1733 3 года назад +1

    I really enjoy your videos!! So helpful and informative!
    I saw your video on fragrances you use and wonder about discoloration. For instance, I noticed that Sugar Cookie Royal FO has 6.73% Vanillin and 8.56% Ethyl Vanillin. Do you ever experience discoloration from these ingredients? If so what do you do!!?? I am a soap maker and these wreak havoc in bath products.

    • @michauxdowning1733
      @michauxdowning1733 3 года назад

      Could you comment on the discoloration? I appreciate your input.

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      Thank you!!
      And yes it’s normal! Usually I don’t notice the discoloration until after the candle has burned and cooled down though!

    • @michauxdowning1733
      @michauxdowning1733 3 года назад

      @@MemoryBoxCandleCo Your candles are such a lovely bright white! I could not imagine them with brown streaks through them!! Thank you!

  • @TheCaliradoGirl
    @TheCaliradoGirl 2 года назад

    Do you have your Etsy business registered and insured separately? :)

  • @ceemariejaye5453
    @ceemariejaye5453 3 года назад

    I know exactly what you mean about the mail carrier and the cramming of the labels. Then they curl at the edges. Thanks for articulating this! Now I know the quantities to order to avoid this. Thank you 🙏🏿

  • @barjulster
    @barjulster 3 года назад

    Hi Erica! thanks for the video and thanks for sharing! Have you ever done a pop-up event? if not, will you do one in the future?

  • @Val-T.
    @Val-T. 2 года назад

    Very informative, thank you so much!

  • @kaitlynlaurie3723
    @kaitlynlaurie3723 3 года назад

    Do you have a link for the tiny room spray bottle?! That’s so cute and I think it would be a good sample!

  • @miissdee102
    @miissdee102 3 года назад

    Great video as always. Can you let me know where you get your candle tins?

  • @kremendousisadore9839
    @kremendousisadore9839 3 года назад

    Thank you for the video? Do have any overhead expense like a space you rent or do you use an extra room at your residence?

  • @skatia88
    @skatia88 3 года назад

    Hi Erica, how long should I cure beeswax candles?

  • @wayneperry2002
    @wayneperry2002 2 года назад

    Why not get a bigger mailbox?

  • @latheraingraham6864
    @latheraingraham6864 3 года назад

    Your videos are very informative. I love your channel. What is the name of the candle Facebook group you referred to in the video?

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      Diy candle making beginner to advanced, it’s Jeff Stanley’s group :)

  • @latricejohnson3210
    @latricejohnson3210 3 года назад

    Lord, now I have to change insurance companies 🤦🏽‍♀️

  • @karinaperez2337
    @karinaperez2337 3 года назад

    Hello how can you add a whokesale option on shopify? Or how do you manage wholesales

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      There may be apps for this! I haven’t done this yet before so I’m not sure 🤍

  • @conniecarroll9398
    @conniecarroll9398 3 года назад

    Thanks for video

  • @everythingapril327
    @everythingapril327 3 года назад

    Great video as always

  • @vanessaroq5760
    @vanessaroq5760 3 года назад

    hey Erica, love your videos!! always so informative! 💛

  • @kiyahroberts2044
    @kiyahroberts2044 3 года назад +1

    I love this channel! It’s super helpful. Could you do a video on licenses and credentials please?

  • @midwestlizardman1149
    @midwestlizardman1149 2 года назад

    Do you still have the editable thank you cards in your etsy shop?

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  2 года назад +1

      I do! They are actually 20% off right now!
      www.etsy.com/shop/mbccdesigns

    • @midwestlizardman1149
      @midwestlizardman1149 2 года назад

      @@MemoryBoxCandleCo Awesome! Thanks for the quick response, just placed an order 😁

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  2 года назад +1

      @@midwestlizardman1149 thank you! ☺️

    • @titiverdeasmr5314
      @titiverdeasmr5314 2 года назад

      I’m so sleepy I thought you said edible and immediately rushed to click 😅😂 🤣

  • @limsy2010
    @limsy2010 3 года назад

    Awesome video. This is a great reference.

  • @teelaa995
    @teelaa995 3 года назад

    Very helpful video!

  • @kellyskloset350
    @kellyskloset350 3 года назад

    Very informative!

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      I’m so glad! Thank you for watching! ☺️

    • @saudahmayanja8913
      @saudahmayanja8913 3 года назад

      @@MemoryBoxCandleCo Erica, I need some help please regarding softening paraffin wax

    • @MemoryBoxCandleCo
      @MemoryBoxCandleCo  3 года назад

      @@saudahmayanja8913 hi I’m so sorry I’ve never worked with paraffin wax before 😞 Jeff standley or wade from black tie barn might be a better resource! ❤️

    • @saudahmayanja8913
      @saudahmayanja8913 3 года назад

      @@MemoryBoxCandleCo thank you for responding. Let me reach out to them. 🤗

  • @CamettScents
    @CamettScents 3 года назад

    Dear Erica good day, we can supported the empty jar with matte black.

  • @s.a.damilamadusanka5766
    @s.a.damilamadusanka5766 3 года назад +1

    Try to be minimalist. You can save more.

  • @herfinancialbff3696
    @herfinancialbff3696 3 года назад

    Love the video as usual! I will have to try QuickBooks for my business!