These are the chalkboards we have made to sell. There are 8 total and they are all 18"x24". It took a while to make them because we're both busy and Ian was traveling for work quite a bit. But they are done. Below are the tables Ian used to do a cost to profit analysis. 

As you can see above, we had to make sure every item was accounted for. We already owned the frames and paint so using Principle 8, we paid ourselves for those items out of our CENTS. In total, we spent just shy of $77 to make 8 frames. This table has been built out to make even more chalkboards if we think it is worth it to do so. While we have made only 8 18"x24" chalkboards, we are already thinking about making more. 

The table above is what we are pricing our chalkboards at. We would love to get $30 for the 18"x24" but will most likely get $25. If need be, we will go down to $20 but that is only if we have to. 

This table is where we determined if it was worth our time to create these chalkboards. As you can see, we make twice as much profit selling these chalkboards for $10 more than the low price ($30 instead of $20). That's a BIG difference. The cost ratio at the bottom indicates how much of each dollar goes to our cost. Therefore, at the low price, each $1 brought in took 48 CENTS to procure and at the high price, each $1 brought in took only 32 CENTS, a much better ratio. 

From looking at the image above, we lost two chalkboards from a bad cut. That eventually made our costs higher. 

The second problem we encountered was the wood we used. It looked to really smooth at first but when the chalkboard paint was applied to it, the grain started to show through and the texture was not welcome. Chalkboards need to be somewhat smooth or else it is hard to clean them. So, Ian had to figure out a plan to make a textured board smooth. After tying to sand it smooth, and not getting it smooth enough, Ian decided to fill the grain instead. He used wood glue and a painters spatula to apply two coat, sanding after each one.

In total, because of these two mistakes, we lost a total projected profit of $34 - $54. That's a major disappointment. 

After the filter, we painted the boards with two coats of chalkboard paint, painted the black frames we bought, and started to sell them. 

We have made two sales so far and more are pending. We noticed that people like bright colors so we may repaint some of the frames to a brighter color instead. 

If you want to buy one just let us know! 

We also sold this beanbag for $10. It was being thrown out by our neighbor. We decided to empty out all the foam pellets, wash it, and re-fill it before posting it to sell. It sold immediately. 

Karina also found this .07 CENTS laying around. So we will add that to our pool too.

Total CENTS: $239.17

All the items above were found in front of people's houses on trash day. We no longer feel awkward taking this stuff.  All of the items above cost us nothing and are 100% profit and today that was a total of $78. Pretty sweet!  

The wheel chair was an interesting find. One does not see those sitting on the curb every day. We got lucky with selling it so fast too. The person who bought it had her mom visiting and was trying to figure out a way to get her around. She saw this chair and immediately bought it. 

The dining room chair was also an interesting sell. Who buys one dining room chai? A girl bought a new dining room table and wanted different chairs, that she could reupholster, for it would! 

The garland and skateboard took some time to sell and we're glad they did because they were just taking up space. 

We did spend some CENTS on more chalkboard materials so this $78 replenished our CENTS pool. We project the chalkboards we create will generate a $200 profit. We will post an update once we have created them so you can see what we did. Stay tuned. 

Total CENTS: $166.67