Welcome to Curious Business

Every Friday, I post a small insight into running Curio City and/or Blue Hills Editorial Services. My most recent posts are directly below. You can also start with the first post, or use the subject labels to the right to home in on particular topics. Feel free to comment on anything that interests you.
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Friday, June 30, 2017

Keeping the Streak Alive

June was another good month. Beating LY was unexpected because a blueberry farm in Maine bought $1,400 worth of kites last June. Because most of this month's orders were dropships, I had to buy $2,000 worth of merchandise to drive $4,100 in sales, which means that only a trivial fraction of my sales came from the old inventory that I'm trying to dump and implies that business is going to crash hard after kite season ends. I can probably squeeze out one more good month before that happens.


Total income: +28.7
Payroll: -2.5%
Marketing: -27.78%
Net Income (Profit) vs LY: +2,412.6% (+$2,809)
Actual Profit/Loss: +$2,693

2017 YTD

Total income: +15.1%
Total COGS: +13.4%
Payroll: -29.3%
Marketing: -36.3%
Net Income (Profit) vs LY: +219.7% (+$4,299)
Actual Profit/Loss: +$2,342

The five-figure Blue Hills check that I've been awaiting for months finally arrived. It came so close to the end of the month that I decided to take it in the next quarter so that I can avoid giving the government its third for another three months, rather than in the next two weeks. So the numbers above include a little Blue Hills income, but they're close enough for Curio City. Excel says that this was the third-best June ever, and it only needs another $160 over the next day and a half to capture second place

I've reduced my debt from $8,800 to $4,200, but that progress will end when kite season does. Curio City's profit should disappear of its own accord. If it doesn't, I'll make it evaporate with markdowns.

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