If you’re selling t-shirts, you probably already know how to figure out your profit margins. It’s the simplest thing you can calculate, you just subtract the cost of the shirts from the selling price. Boom, there’s your profit.
But wait! There’s more.
Did you ever think about factoring in things like returns, credit card fees or packaging costs? I hope you didn’t just hear a wah-wah-wah-wahhhhh trumpet sound. It’s okay, we all learn something new every day. Those costs are annoying and bring your profits down, but you really do need to consider them.
The people at Heat Press Fun created a super handy profit calculator that helps you figure all that stuff out. It’s totally free, go download it here: http://heatpressfun.com/blogs/heat-press/profit-calculator
For even more helpful stuff to help you in your t-shirt business, see our Resources page.