This one of the two parts where I where I allow myself to use more emotion than fact about the business viability of craft. Hereafter, it is about business and as such, as objective as possible
REMEMBER ONLY YOU can properly and completely perform the necessary due diligence to determine your costs – this article, like all on this blog, are a starting point, not the last word by any means. While I hope it is worth more, its value is exactly the same as what you paid for it – no dollars.
Although there are others, including the stress of deadlines, the uncertainly during off season (selling yarn from April to July can be pretty scary in terms of regular cash flow)
The largest consideration you will want to at least consider is taking something you love and making it a JOB.
Every says if you have a job doing something you love, then it is never work.
But that only works when you have someone else to do all the NOT FUN stuff mention in Pts 1,2, and 3.
When you have ALL the responsibility plus the laundry, the kids, the pets and every aspect of everyday life, the non-creative part of business and regrettably often the part that takes the most of your time for the least amount of joy – can suck the joy out of the creative aspects.
If you do not accept anything else I suggest and are determined to go for it anyway no matter how illogical cold analysis says otherwise,
Please don’t get yourself so far in financially that you cannot say “the heck with this other stuff” and go back to enjoying what you love. This means building inventory and supplies over time not getting into huge financial debt.
if you can’t
enjoy the making,
there is no point