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GEP

Member Since 08 Apr 2010
Online Last Active Today, 10:03 AM
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Posts I've Made

In Topic: Critique My Work - Anyone? - Round 2 Mugs!

24 November 2014 - 06:45 PM

I like the small "donut-shaped" handles, and find that shape very comfortable with one finger through the handle, remaining fingers supporting the weight of the cup from underneath the handle. I also think the donut works well with the shape of the cup. I'm not sure the "ear-shaped" handles necessarily make sense on a short and wide cup. They look better on a taller cup. The ones that look best among your mugs are the smaller ear-shaped handles, because they are closer in shape and proportion of the donut-shaped handles. Regardless, I'd like to see more taper on the ear-shaped handles. I like the thickness at the top, but they should taper down to be thinner and flatter at the bottom.


In Topic: New Potter: Advice Appreciated!

22 November 2014 - 09:38 AM

Before you can make $36K, you need sales. And, to make sales, you need inventory. So, $36K profit requires about $72K sales; and to make $72K in sales, you'll need about $144K in inventory. If you don't have inventory, you can't make sales and you can't make a profit.

 

This is not quite the math that exists for me. For every show, generally speaking you should pack twice as much inventory as you plan to sell (so your booth does not look picked over and empty near the end). But the leftover pots become inventory for the next show. So no matter what your gross sales goals are, you only need to produce about a half-a-show's worth of inventory more than that goal.

 

When I am between shows, and at the end of the year, I typically have about half-a-show's worth of pots on hand.

 

Also, for this year to date, my COGS is only 25% of my sales. (Again, this is to date, I still have two shows left and no big expenses left.) At 25% COGS, if OP wants to net $36k, he only needs to sell $48k.


In Topic: Pitfalls And Must Haves

21 November 2014 - 11:51 AM

That's a good way to put it Chris. The LLC issue is all about risk comfort and risk management. In my book, the best way to get comfortable about risk is to understand what your risks are. Real risk, not remote possibilities. Like I said before, a pottery business has very few liabilities, and they are either very remote, or well within our control.

 

That's the way I see it. Everyone else can make their own decisions about it. I'm going to take the money I save on LLC filings and buy tin oxide instead.


In Topic: How Do You "mark" Your Pot?

21 November 2014 - 10:02 AM

I use a small bisque stamp for most of my work. Like clay lover I carved the design into a piece of plaster, then pressed some clay into the design to make its reverse mate, then bisque fired the clay. The benefits of this approach are that you don't have to design the stamp backwards, and if you lose/break the bisque piece you can make a exact duplicate from the plaster original.

 

I have a larger rubber stamp that I use for plates and platters that I build on hump molds. These pieces give me more room for a larger stamp. A rubber stamp will stick to clay, but a little corn starch will prevent that:

http://www.goodeleph.../new-logo-stamp


In Topic: Pitfalls And Must Haves

20 November 2014 - 03:11 PM

We are not talking about small businesses in general. We're talking about pottery businesses. Where is the liability?

Everyone can decide this for themselves, but for me a $70 annual fee, plus a $125 annual fee, and a second tax return, are not worth it.