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One Star’s Light Needlework Supplies – Inventory Clearance Sale – 30% Off Entire Order

  • Posted on July 21, 2012 at 9:21 pm

Please help me to clear inventory off of my books before I close up shop! Receive 30% off of your entire order from One Star’s Light Needlework Supplies. Just enter the coupon code ByeBye30 at checkout.

One Star’s Light Needlework Supplies Will Be Closing

  • Posted on July 5, 2012 at 11:23 am

Well folks, I have come to a difficult decision. With all of the changes in my life, I am not able to pay One Star’s Light Needlework Supplies the attention it deserves. This business turned out to be much more difficult than I had ever imagined and I have realized that I will never be able to keep up, much less turn a profit. Therefore, I am going to close the business at the end of this year.

To help me clear inventory off of my books before I close up shop, I am going to have an inventory reduction sale – 30% off of your entire order. I will start the sale in about a week and a half, so watch for a notification in the coming week.

Thank you to all of you who have supported my efforts over the past 5+ years. I value each and every one of you!

Black Friday Sale at OSL!

  • Posted on November 25, 2011 at 12:00 am

To kick off the season of holiday shopping at One Star’s Light Needlework Supplies, we are offering 20% off on all orders placed from Black Friday, into Small Business Saturday and the rest of the way through to the end of Cyber Monday!

The sale starts on November 25th at 12:00 AM Eastern Time (-5 GMT) and ends on November 28th at 11:59 PM Eastern Time.

Just use the coupon code BlackFridaySale2011 at checkout to receive your discount.

At this time of year when we all count our blessings, we want to thank you for supporting One Star’s Light Needlework Supplies!

OSL Cyber Monday Sale – Should I?

  • Posted on November 22, 2011 at 12:30 pm

So, fellow stitchers, I have just brought my online needlework supply shop up to date with all of the products that I have purchased in the last year and never entered into inventory. The next step is to upgrade the store, which can happen tonight. If I have a Cyber Monday sale, would anyone be interested in buying anything?

Accounting is Not My Forte

  • Posted on March 20, 2010 at 2:30 pm

There are several parts to owning an online needlework shop of which I’m not so fond.

One is maintaining inventory. There’s the physical inventory, the inventory in the accounting software and then the inventory in the web storefront. Of course, life would be much simpler if the latter two were actually linked, but alas they are not. I actually reconciled the physical and accounting inventories this year for the first time. I know, I know, I should have been doing it at least once a year, but what can I say? I’m not the most fastidious shopowner. But that was the easy part. Print out the inventory worksheet from the accounting software, go through the physical inventory and compare quantities. I was off on a few quantities, but in most instances, I knew exactly why. One set was an error in a shipment from a distributor that I missed, one bunch from from forgetting to account for inventory depletions for contest that I ran a while back and one was an order that I think got entered wrong. Pretty minor stuff, all things considered. The painful part is when I receive new inventory. If it’s just a reorder, entering the accounting information isn’t horrible, but more complex than it needs to be. And half the time I forget to increase the quantities in the web storefront. :( However, when they are items that are completely new to the store, I have a lot of background work to do, with entering all of the details for each item into the accounting software, then adding the items into the web storefront. That part is much, much worse. I have to pull images, detailed descriptions, take measurements and weights for the shipping calculators, etc. And if I’m working with an entirely new vendor, forget about it.

By far my least favorite part of owning a shop, though, is the accounting. I covered part of that when I talked about dealing with inventory. I’m hoping that some of the complexity is due to the piece of crud accounting software (Microsoft) I’m using. For example, just to record a vendor order, I have to create a purchase order, receive the items into inventory, create the vendor bill and finally issue a payment towards the bill, assuming, of course, that the items have already been created; otherwise, I have to start by creating an item and recording all of the details for each item before I can even create a purchase order. Unfortunately, when I was starting out a couple of years ago, though, Microsoft were the only ones that had a package that could handle multiple currencies. Believe it or not, none of the other major accounting software manufacturers (including Intuit and Peachtree) could handle international currencies at that time. And I started off with a UK vendor in my beginning set of suppliers, so I knew it would be a problem right off the bat. Now, of course, Microsoft decided to stop manufacturing the product and is no longer supporting it, either. So, I’m being forced to make a switch. Fortunately for me, Intuit has since gotten their act together and QuickBooks now handles multiple currencies. Hooray! And they even have some conversion software to go from Microsoft Accounting to QuickBooks. Hip hip hooray! While I’m not exactly looking forward to having to convert everything (and I was kind-of hoping to limp my way through this fiscal year), I have finally hit the wall with the Microsoft product. I spent several hours the other night reconciling the accounts for 2009 when it really should have taken less than half an hour. I knew exactly which transactions I had missed recording and I then found the reason why the accounts still didn’t balance afterwards, which ironically had to do with a problem in how the software dealt with the exchange rates between currencies.

I was quite the unhappy camper by the time I got all of the numbers right and was able to hand them over to Terry to finish the taxes. I suppose that it’s actually a good thing, in a way, that I hit the wall in such a profound way with my current accounting package. It makes the decision to invest in QuickBooks that much easier to make, and one that I think I’m willing to make a lot sooner, as well.

Now that the accounting is all squared away, I need to get all of the new inventory I’ve acquired into the web storefront. Oh, and have I mentioned that I need to upgrade that software, as well? 😆

Holiday Sale at One Star’s Light Needlework Supplies!

  • Posted on December 11, 2008 at 2:31 pm

Get 20% off any order placed from now through December 23rd! See the website for more details.

Don’t Forget This Week’s Sale at OSL!

  • Posted on July 20, 2008 at 9:53 pm

One Star’s Light Needlework Supplies is having an inventory reduction sale the week of July 20th, with 20% off of your entire order, including both in stock and out of stock items. Check out the One Star’s Light Needlework Supplies home page for more details.

Be the first to get our newsflashes by subscribing to our RSS feed! Just look for the Syndicate section in the lower left corner of the website for our feed information.

While you’re there, please take a moment to vote in our latest poll. We’re looking to see what level of Beyond Cross Stitch kits from The Victoria Sampler you’d like to see us carry first.

Inventory Reduction Sale at OSL!

  • Posted on July 2, 2008 at 11:02 pm

Now that I’m finally feeling like myself, it’s time to get down to business. I need to make room for new stock, so it’s out with the old and in with the new!

One Star’s Light Needlework Supplies is going to be having an inventory reduction sale the week of July 20th, with 20% off of your entire order, including both in stock and out of stock items. Check out the One Star’s Light Needlework Supplies home page for more details.

Be the first to get our newsflashes by subscribing to our RSS feed! Just look for the Syndicate section in the lower left corner of the website for our feed information.

While you’re there, please take a moment to vote in our latest poll. We’re looking to see what level of Beyond Cross Stitch kits from The Victoria Sampler you’d like to see us carry first.

One Star’s Light’s One Year Anniversary

  • Posted on March 5, 2008 at 10:47 am

On March 1st, One Star’s Light Needlework Supplies celebrated the one year anniversary of our grand opening.

As the proprietress, I can hardly believe that the time has flown by so quickly and I nearly let this occasion slip away. I would like to thank everyone who has purchased stash from us in the past year.

In order to reward our customers, we are offering 15% off of all orders from now until midnight Eastern Time on March 12th. To take advantage of this discount, use the coupon code 1YearAnniversary when you check out.

Thank you for helping to make this business a success!

Thank You!

  • Posted on November 27, 2007 at 12:35 pm

I just wanted to post a quick thank you to all of you who helped me by advertising the Black Friday sale on your blogs and all of you who ordered from me, as well.

The sale was a rousing success and I even attracted new customers, which is always a good sign. :) Thanks again!


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