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

  Рет қаралды 32,377

Memory Box Candle Co

Memory Box Candle Co

3 жыл бұрын

❤️My Etsy Shop For Business Owners: 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!)
❤️Candle Business Printable Workbook: etsy.me/3sWHwEK
❤️My Business Website: memoryboxcandleco.com
MY FAVORITE BUSINESS TOOLS:
✨My Bookkeeping Software: quickbooks.grsm.io/memoryboxc...
(This is quickbooks, I use the online version!)
✨My Inventory Software: inventora.co/memoryboxcandleco
✨My Email Marketing Software (This link gets you 50% off!): flodesk.com/c/RQF26E
✨Background Boards I Use For Product Photography: www.replicasurfaces.com/memor...
🎨Design Your Own Brand Shirt: www.printful.com/custom-produ...
🎨 My Design Software Canva (I use the pro version so I can upload my own custom fonts): partner.canva.com/qn6qPL
📱Follow Me On Instagram: / ericamariemorris
📱Brand IG: / memoryboxcandleco
🕯My Candle Making Playlist For Beginners: • STEP BY STEP: How I Ma...
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✨All The Supplies I Use or Recommend For Candle Making: www.amazon.com/shop/memorybox...
MOST POPULAR CANDLE MAKING SUPPLIES:
✨Respirator (Size Small): amzn.to/3qPPNaY
✨10 Qt Presto Pot (NO SPOUT):amzn.to/3fVK1iH
✨Ladle For Presto Pot: amzn.to/3qaqcZZ
✨8 Qt. Presto Pot Melter (WITH SPOUT): amzn.to/3pyc9wq
✨6 Qt. Presto Pot Melter (WITH SPOUT): amzn.to/2KEIIte
✨Pouring Pitcher: amzn.to/307aeG0
✨Gram Scale For Weighing FO: amzn.to/3GqV4OE
✨Silicone FO Measuring Cups: amzn.to/3xIqX2W
✨Shipping/Kitchen Scale (11 lb max weight): amzn.to/3o3ls7J
(50 lb max weight): amzn.to/350Lpfj
✨Portable Electric Burner: amzn.to/2OaPOpa
✨Heat Gun (similar to mine): amzn.to/2O2cQwZ
✨Thermometer (similar to mine): amzn.to/2SVmeVM
✨Laser Thermometer: amzn.to/2FxXdwV
✨Large Rotating Wax Melt Holder: amzn.to/32e0D0B
✨Small Rotating Wax Melt Holder: amzn.to/3wVcu2R
✨6” Pegs For Pegboard: amzn.to/3nYTTvc
✨Wax Warmer Rack/Stand: amzn.to/35vbsvd
✨My Candle Making Kits: memoryboxcandleco.com/collect...
✨Beautiful Unique Vessels (Sixteen Seventeen): bit.ly/39wymG5
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PRINTING:
🖨My Laser Printer: amzn.to/2PJKGI6
🖨Inkjet Printer Recommendation: (I have not personally used this printer, but it is recommended by the social media manager, Johnny, from Online Labels): amzn.to/2WexNKo
🖨Dymo 4XL Label Printer: (not a necessity but it helps when you have a good amount of orders going out): amzn.to/2YrcBCp
🖨Dymo Shipping Label Refill Rolls: amzn.to/36wu6VS
MY TECH GEAR:
📸My Camera: amzn.to/3uzxAk0
📸Lens For Product Photography: amzn.to/2ZR3wlI (If you have a Canon M50 you will need an adapter: amzn.to/3bBWUNG)
📸 Lens For Filming Videos: amzn.to/3aJEKKE
💻My iPad Pro: amzn.to/3ssJk5P
💻My MacBook Pro: amzn.to/2NxgVNr
✨Become A Channel Member: / @memoryboxcandleco
✨My Merch: teespring.com/stores/memory-b...
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:
-------------------------
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
-------------------------

Пікірлер: 85
@sbridges93
@sbridges93 2 жыл бұрын
Can you do a video on how to put yourself on payroll?
@heavenandlimes
@heavenandlimes 3 жыл бұрын
The second I get notifications from memory box, I hit that like button so fast 💨
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
Thank you so much Mariana!! ☺️☺️
@heathersmith3953
@heathersmith3953 3 жыл бұрын
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 жыл бұрын
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
@1111om
@1111om 2 жыл бұрын
Another amazing video filled with super helpful content and support! Thank you for always sharing your insight with such honesty!
@TianaCoats
@TianaCoats 3 жыл бұрын
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 жыл бұрын
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 жыл бұрын
@@MemoryBoxCandleCo Exactly! It was very odd and I couldn’t get a straight answer after talking to a couple different reps.
@brandylucas1783
@brandylucas1783 6 ай бұрын
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 😊 🎉
@user-iy2ym4xp3m
@user-iy2ym4xp3m 2 жыл бұрын
Hi Erica! Love your videos! I’m just getting started. I find your videos extremely informative and interesting. Thanks for sharing 😊
@vanessaroq5760
@vanessaroq5760 3 жыл бұрын
hey Erica, love your videos!! always so informative! 💛
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
Thank you so much! ☺️
@samii65
@samii65 2 жыл бұрын
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
@Soulful_Spirit_Candle_Co
@Soulful_Spirit_Candle_Co 3 жыл бұрын
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 ❣️
@ceemariejaye5453
@ceemariejaye5453 3 жыл бұрын
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 🙏🏿
@mkourpouanidis
@mkourpouanidis 3 жыл бұрын
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.
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
No way!! Thank you for the tip!
@kittykat6830
@kittykat6830 3 жыл бұрын
Can you do a video on your KZbin set up ? And your photography…Your gear/ what you’re looking at ect
@JeannetteValenc1a
@JeannetteValenc1a 2 жыл бұрын
Always watching your interesting vlogs. thanks for sharing.
@Val-T.
@Val-T. 2 жыл бұрын
Very informative, thank you so much!
@barjulster
@barjulster 3 жыл бұрын
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?
@1idontwantausername
@1idontwantausername 3 жыл бұрын
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!
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
I knowww 😩
@limsy2010
@limsy2010 3 жыл бұрын
Awesome video. This is a great reference.
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
I’m so glad! Thank you for watching ❤️
@everythingapril327
@everythingapril327 3 жыл бұрын
Great video as always
@swarnikareema
@swarnikareema Жыл бұрын
Very informative.. Thanks Erica.. Have you uploaded a video on how to price your candles?
@EclipseBotanica
@EclipseBotanica 3 жыл бұрын
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 жыл бұрын
You’re the best!! Thank you so much girl!! ❤️❤️
@shunwilliams6180
@shunwilliams6180 3 жыл бұрын
Thank you so much for sharing 🥰🥰🥰🥰
@minachisperfumeempire9069
@minachisperfumeempire9069 2 жыл бұрын
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.
@geadonnamoore2719
@geadonnamoore2719 2 жыл бұрын
Thanks for this .
@dndhomecooking6505
@dndhomecooking6505 3 жыл бұрын
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
@canfieldhandcraftedsoaps
@canfieldhandcraftedsoaps 3 жыл бұрын
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! 😮
@herfinancialbff3696
@herfinancialbff3696 3 жыл бұрын
Love the video as usual! I will have to try QuickBooks for my business!
@teelaa995
@teelaa995 3 жыл бұрын
Very helpful video!
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
Thank you so much for watching! ☺️
@kaitlynlaurie3723
@kaitlynlaurie3723 3 жыл бұрын
Do you have a link for the tiny room spray bottle?! That’s so cute and I think it would be a good sample!
@amanda_pineiro
@amanda_pineiro 2 жыл бұрын
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
@miissdee102
@miissdee102 3 жыл бұрын
Great video as always. Can you let me know where you get your candle tins?
@kremendousisadore9839
@kremendousisadore9839 3 жыл бұрын
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?
@henryarango8331
@henryarango8331 2 жыл бұрын
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?
@TropTrevTv
@TropTrevTv 2 жыл бұрын
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.
@michauxdowning1733
@michauxdowning1733 3 жыл бұрын
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 жыл бұрын
Could you comment on the discoloration? I appreciate your input.
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
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 жыл бұрын
@@MemoryBoxCandleCo Your candles are such a lovely bright white! I could not imagine them with brown streaks through them!! Thank you!
@conniecarroll9398
@conniecarroll9398 3 жыл бұрын
Thanks for video
@kiyahroberts2044
@kiyahroberts2044 3 жыл бұрын
I love this channel! It’s super helpful. Could you do a video on licenses and credentials please?
@MadysonAncell
@MadysonAncell 2 жыл бұрын
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!
@skatia88
@skatia88 3 жыл бұрын
Hi Erica, how long should I cure beeswax candles?
@faxardebatintenebris
@faxardebatintenebris 3 жыл бұрын
would you mind sharing what's this additional shopify app you're paying $2 for? thanks :)
@kellyskloset350
@kellyskloset350 3 жыл бұрын
Very informative!
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
I’m so glad! Thank you for watching! ☺️
@saudahmayanja8913
@saudahmayanja8913 3 жыл бұрын
@@MemoryBoxCandleCo Erica, I need some help please regarding softening paraffin wax
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
@@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 жыл бұрын
@@MemoryBoxCandleCo thank you for responding. Let me reach out to them. 🤗
@cindyhurlbert8740
@cindyhurlbert8740 3 жыл бұрын
CAn you share what FB groups for candlemakers you are in? Ty 😀
@karinaperez2337
@karinaperez2337 3 жыл бұрын
Hello how can you add a whokesale option on shopify? Or how do you manage wholesales
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
There may be apps for this! I haven’t done this yet before so I’m not sure 🤍
@DeziJ23
@DeziJ23 3 жыл бұрын
If your using quick books don’t do the self employed you can’t switch until your subscription is over
@sandrasosa1986
@sandrasosa1986 Жыл бұрын
Do you pay your self and do you count that as an expense?
@CoffeeGirl203
@CoffeeGirl203 3 жыл бұрын
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?
@latheraingraham6864
@latheraingraham6864 3 жыл бұрын
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 жыл бұрын
Diy candle making beginner to advanced, it’s Jeff Stanley’s group :)
@TheCaliradoGirl
@TheCaliradoGirl 2 жыл бұрын
Do you have your Etsy business registered and insured separately? :)
@CamettScents
@CamettScents 3 жыл бұрын
Dear Erica good day, we can supported the empty jar with matte black.
@everythingapril327
@everythingapril327 3 жыл бұрын
I purchase wax/jars/wicks in bulk to save money
@midwestlizardman1149
@midwestlizardman1149 2 жыл бұрын
Do you still have the editable thank you cards in your etsy shop?
@MemoryBoxCandleCo
@MemoryBoxCandleCo 2 жыл бұрын
I do! They are actually 20% off right now! www.etsy.com/shop/mbccdesigns
@midwestlizardman1149
@midwestlizardman1149 2 жыл бұрын
@@MemoryBoxCandleCo Awesome! Thanks for the quick response, just placed an order 😁
@MemoryBoxCandleCo
@MemoryBoxCandleCo 2 жыл бұрын
@@midwestlizardman1149 thank you! ☺️
@titiverdeasmr5314
@titiverdeasmr5314 Жыл бұрын
I’m so sleepy I thought you said edible and immediately rushed to click 😅😂 🤣
@wayneperry2002
@wayneperry2002 2 жыл бұрын
Why not get a bigger mailbox?
@janhoyle1462
@janhoyle1462 3 жыл бұрын
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!
@latricejohnson3210
@latricejohnson3210 3 жыл бұрын
Lord, now I have to change insurance companies 🤦🏽‍♀️
@MemoryBoxCandleCo
@MemoryBoxCandleCo 3 жыл бұрын
It was disappointing to me too 😩
@s.a.damilamadusanka5766
@s.a.damilamadusanka5766 3 жыл бұрын
Try to be minimalist. You can save more.
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