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Tracking quilt costs and labor

Tracking quilt costs and labor

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Old 04-11-2010, 09:25 AM
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I have decided to start keeping a log for every quilt I make so that I will always know the cost of each quilt I complete.

I have a 3 ring note book to keep beside my cutting table, and each quilt will get it's own page, where I can record the time spent cutting, sewing, pressing, quilting, and binding, at $10 per hour. I'll also include the amount of fabrics used and the price of each fabric., along with any other pertinent info about the quilt.

I am also going to create a log book for my fabrics. Every time I purchase fabric, I'll record where I got it, manufacturer, and price, along with a 2x2 sample so that I can be as accurate as possible in my own costs for what goes into each quilt. I normally buy yardage rather than precuts, so it won't be that daunting to do.

I was driven to this by the way people look so astounded when you tell them what it costs to make a quilt...especially when they are asking you to do it for free, because we are "friends." All of my quilts so far have gone to those I love or for charity.

I have never sold a quilt, nor have I ever charged anyone to make one, but I have had numerous people ask and I have either turned them down or told them starting price is $600 to help them realize what they are asking of me.

I do think creating quilts for profit is in my future, so I would think this would be the best way for me to determine pricing quotes.

Have any of you created anything similar? Do you have any suggestions?

Diane
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Old 04-11-2010, 09:40 AM
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Good luck with that. I've made lots of things for lots of people and learned my lesson early on, I only make gifts and charity items these days. This is something that I love to do and I do it for my pleasure. Once it becomes a business then you have to deal with others wants and ideas and desires. That sure can suck the fun right out of it.
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Old 04-11-2010, 09:50 AM
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YOur idea is great if you really are able to keep up. My problem is that I have been doing this for so long that some of my stash is older than my child who will be 32 in November. I also tend to purchase things on sale just in case and anytime I have a coupon.
I recently made two t shirt quilts for a family in my community. I kept track of the suppies and fabric I purchased for just that purpose. I also tried to keep track of my hours. I ended up resorting to charging them by the square inch and adding my costs for the materials. I gave them the two quilts for $.10 a square inch. The quilts were very simply machine quilted with a little handquilting thrown in where I wanted to do more detail. I used flannel for the backs and didn't use batting as I had fused interfacing on the back of all of the shirts to stabilize them. Both quilts ended up very heavy even without the batting. While I was happy to get the little over $600 I charged them, realistically for the hours I spent it was worth double that. Be careful you don't end up feeling bad because others don't appreciate your work. The most important person to satisfy is yourself.
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Old 04-11-2010, 09:54 AM
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Deb,

I know all too well people can suck the fun out of it...however, there are a few people I would gladly make a quilt for....very few! LOL!

I was thinking more along the lines of making something with a standard all over pattern, like Irish Chain Quilts, or maybe Sister's Choice in sashing and then they get to choose their own colors.

My real inspiration for wanting to make quilts for others came from all the oohhs and aahhs I got from a Triple Irish Chain quilt I did in greens and ivory, with a focus fabric in the center. I can cut, sew, press, trim, and watch the boob tube while making money. Works for me!

Diane
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Old 04-11-2010, 10:03 AM
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Originally Posted by ddrobins1956
Good luck with that. I've made lots of things for lots of people and learned my lesson early on, I only make gifts and charity items these days. This is something that I love to do and I do it for my pleasure. Once it becomes a business then you have to deal with others wants and ideas and desires. That sure can suck the fun right out of it.
AMEN to that! I also paint, stainglass, crochet/knit and most anything else. Every time I make something my mother (NO crafty in her at all) asks me what I'm going to sell it for. She thinks making something for pleasure is a waste of time. Buying at a high end store for gifts is preferrable. Her spare time is spent cleaning house! NOT MY HOUSE!

I have friends that quilt and sew for a pasttime...they have a quilt store that sells their wares. They're making good money. So far he's made over 300 tote bags!!!!!!!!! I like variety ---
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Old 04-11-2010, 10:03 AM
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Originally Posted by mpspeedy
YOur idea is great if you really are able to keep up. My problem is that I have been doing this for so long that some of my stash is older than my child who will be 32 in November. I also tend to purchase things on sale just in case and anytime I have a coupon.
While I was happy to get the little over $600 I charged them, realistically for the hours I spent it was worth double that. Be careful you don't end up feeling bad because others don't appreciate your work. The most important person to satisfy is yourself.
MP,

I would have to guess at my stash prices, but this isn't something I am going to do in the very near future, but probably a couple of years down the road.

I'm hoping that by showing future clients my Quilting Notebook, that they can see where the value is. If they don't get it, they don't get a quilt! Numerous times I have encountered those who don't appreciate what goes into a quilt, but I just think they are very naive and need to be educated, and hopefully, they will see the light!

Diane
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Old 04-11-2010, 10:50 AM
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Or have the client shop the Internet quilt shops to see the prices themselves.

IMHO, fabric prices should be reflective of current market prices if you can't track where you originally got it/price paid.
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Old 04-11-2010, 11:02 AM
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I think your idea is wonderful. A great marketing tool. Show the clients your notebook to let them see not only the prices of what you have done, but also, the quality of your work - which can/will improve with each quilt you make, as it does for all of us. It'll be interesting to know the results you get.
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Old 04-11-2010, 11:31 AM
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Originally Posted by thismomquilts
I think your idea is wonderful. A great marketing tool. Show the clients your notebook to let them see not only the prices of what you have done, but also, the quality of your work - which can/will improve with each quilt you make, as it does for all of us. It'll be interesting to know the results you get.
I will certainly let everyone know how it goes, but no holding your breath!! It is just a blank notebook right now and something to work towards.

I really want to work from home in the future. While planning on doing that, I hope quilting for others wil give me some added income while I enjoy making quilts in my "free time". Is there such a thing as free time or is it all wasted moments?

Diane
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Old 04-11-2010, 11:58 AM
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Originally Posted by dmackey
I have decided to start keeping a log for every quilt I make so that I will always know the cost of each quilt I complete.

I have a 3 ring note book to keep beside my cutting table, and each quilt will get it's own page, where I can record the time spent cutting, sewing, pressing, quilting, and binding, at $10 per hour. I'll also include the amount of fabrics used and the price of each fabric., along with any other pertinent info about the quilt.

I am also going to create a log book for my fabrics. Every time I purchase fabric, I'll record where I got it, manufacturer, and price, along with a 2x2 sample so that I can be as accurate as possible in my own costs for what goes into each quilt. I normally buy yardage rather than precuts, so it won't be that daunting to do.

I was driven to this by the way people look so astounded when you tell them what it costs to make a quilt...especially when they are asking you to do it for free, because we are "friends." All of my quilts so far have gone to those I love or for charity.

I have never sold a quilt, nor have I ever charged anyone to make one, but I have had numerous people ask and I have either turned them down or told them starting price is $600 to help them realize what they are asking of me.

I do think creating quilts for profit is in my future, so I would think this would be the best way for me to determine pricing quotes.

Have any of you created anything similar? Do you have any suggestions?

Diane
Hi Diane,
Like you, I have never sold anything, but yes ma'am, I have been logging all fabric information for at least five years.
I have spiral notebooks. I am on my shh! third one.
I learned to tape the actual receipt on the page. all pages are numbered and dated same as receipt.
On my receipts I usually use a pencil to draw a line under each purchase of fabric or quilting/sewing stuff.
I usually purchase these things separately from other things, so I can have receipts to make exchanges on household stuff.
I write a very brief description of fabric. Items are numbered. I tape a sample of the fabric from the selvedge edge on the page.
I make a tag, either from masking tape, or scrap paper that says:
The description of fabric
yardage
book number, page number, item number, and
I always put w_ d_ i_ on it, for: wash, dry, iron to check off.
It sounds very compulsive and a little time consuming.
I suppose, but I can pick up any, and I mean any piece of fabric in my sewing room and not only tell you when I bought it, how much is in that folded piece, where it came from, how old it is, what kind of fabric it is, it helps me remember stuff that was going on at the time.
I remember pretty much what it's going into, bc most of my fabrics are bundled for particular ppl and/or projects.
When I start using it, I can record how much of it was used, if there are leftovers and figure out how much that cost me.
I love doing this. It makes me feel organized and mousie loves organization!
I reccommend it if it's something you think you could enjoy.
It gives me a lot of satisfaction about my purchases etc.
i guess i am easily amused.:thumbup:
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