Defying basic economic principles?

I received new fabric ordered online today!  Isn’t it pretty?


I’ve no plans for it yet, but saw it and couldn’t resist adding it to my stash. I’m sure it will be useful for something.  Someday.  Did I mention I really need more storage space?

I’m also fairly sure that’s not the most economically sound way to operate a business.  On the other hand, this is really more of a hobby as long as I want it to be, so I can do what I want, right?

I suppose the least I can do is startup some kind of accounting system to keep track of COGS (oooh, I DID learn something in business school!) and all that.  How else will I know if I ever turn a profit or (blech) pay taxes?