Well, a good business plan review session takes the emotional component out of the equation and lets me see where I really stand. A few months ago I posted a graphic to represent my current development strategy: build up my inventory before focusing too hard on selling it.
Here's a new version with the "Now" label moved to the current position in time.
And here's the graph of actual inventory and sales with the data pulled from Quickbooks. The next two weeks are projected based on the fact that I'm waiting for yarn to wind the next beam.
If you look at the second half of this graph, starting at the end of February, you can see that it matches the startup phase of my business plan pretty well..
Looking back to the plan, you can also see that it's going to be another few months before this business is stable. And that's the answer to my question. Can I take a break from production and focus on selling this batch of cloth? No.
I need more color variety in order to get into the markets that I want. If one of my future venues "hits", I need the ability to keep them supplied. ie: backstock to feed into the pipeline while I produce more cloth.
It takes six weeks to produce each color. I will need those new colors as fast as I can make them. Every time I look at this a different way I get the same answer: stability will arrive in late summer if I can keep the production levels up. Even though I'm flat broke, every penny still needs to go toward yarn so I can keep on weaving. It's good to know.