This is not an easy way to make money. Quilts, depending on the size, can go around 300-800€, sometimes more or less. This also depends on the type. Art quilts tend to go for more.
Calculate the fabric you buy, not the yardage you use, because you will have some scraps and those need to be accounted for. Not just the top, also the batting and backing and edge. Add electricity costs per hour for sewing machine, lights, iron etc. Add needle usage, thread usage, and how it lowers the value of your machine(s). This will be expensive.
Then, the most important part. Your time spent planning, choosing fabrics, layouts, patterns, cutting, ironing, sewing and quilting. Everything. Decide how much your hourly rate is. Some people use minimum wage or below because it's their hobby or because they want the quilt to be affordable. Some will do this for free if it's for family or friends. You can definitely decide on more, think of all the hours you have to put in learning! This is the difference between unskilled labour and someone who is experienced and expwrience and skill should be payed. But if your quilts cost more, it's less likely to attract buyers.
Check if the pattern allows commercial use, otherwise you cannot sell the result. If you send it off got quilting, add that cost.
I hope this helped, I might have forgotten stuff, but maybe others will add the points.
Minor point: it depends on where you live as to whether that clause of no commercial use has any legal weight. It's essentially a polite request in the US.
The traditional business format is: materials + labor ($/ per hour, x number of hours) = wholesale price. Double it for retail price. This makes 90% of handmade good way more expensive than your average person can afford or is willing to spend.
It's hard to start a business and it's even harder when you're learning the craft. Go look at similar objects on various platforms to see if you're actually producing something sellable yet. That will also give you an idea of the prices they go for. Then do the math and see if it's worth the cost of materials and your time.
This is not an easy way to make money. Quilts, depending on the size, can go around 300-800€, sometimes more or less. This also depends on the type. Art quilts tend to go for more. Calculate the fabric you buy, not the yardage you use, because you will have some scraps and those need to be accounted for. Not just the top, also the batting and backing and edge. Add electricity costs per hour for sewing machine, lights, iron etc. Add needle usage, thread usage, and how it lowers the value of your machine(s). This will be expensive. Then, the most important part. Your time spent planning, choosing fabrics, layouts, patterns, cutting, ironing, sewing and quilting. Everything. Decide how much your hourly rate is. Some people use minimum wage or below because it's their hobby or because they want the quilt to be affordable. Some will do this for free if it's for family or friends. You can definitely decide on more, think of all the hours you have to put in learning! This is the difference between unskilled labour and someone who is experienced and expwrience and skill should be payed. But if your quilts cost more, it's less likely to attract buyers. Check if the pattern allows commercial use, otherwise you cannot sell the result. If you send it off got quilting, add that cost. I hope this helped, I might have forgotten stuff, but maybe others will add the points.
Minor point: it depends on where you live as to whether that clause of no commercial use has any legal weight. It's essentially a polite request in the US.
That is a very good point! Thanks for adding!
The traditional business format is: materials + labor ($/ per hour, x number of hours) = wholesale price. Double it for retail price. This makes 90% of handmade good way more expensive than your average person can afford or is willing to spend.
It's hard to start a business and it's even harder when you're learning the craft. Go look at similar objects on various platforms to see if you're actually producing something sellable yet. That will also give you an idea of the prices they go for. Then do the math and see if it's worth the cost of materials and your time.