How do you guys handle finances? P.O.D help
I've been wanting to start making stickers, and I think I have a good audience (or at least I hope so). However, as a broke college student, I have little to no money to invest upfront. My biggest challenge is understanding how to start a Print-on-Demand (POD) service while managing all the transactions involved. How does someone keep track of everything and plan ahead? Specifically:
How much money should I have upfront to ensure the POD service has a buffer and never can’t charge me for an order?
How do I track all the fees from the POD service, Etsy, or Shopify so I know exactly how much I would take home if I sold X number of orders?
Basically I want to know how much it’s gonna cost me after I have everything up and running and make no sales. Is it even realistic for someone in college to manage?