Starting a Home-Based Embroidery Business
A Home-Based Embroidery Business is a very lucrative business that every stay-at-home-mom can start. You practically do not need a huge start up cost. You can work this opportunity full time or part time, whether you have a job or you are unemployed, a student or a housewife. You can do it periodically, once a month, every three months or once a year. In fact, your business can grow on its own by just getting a few satisfied clients.
How Does It Work?
You will be providing custom embroidery for businesses that need to be identified and need uniformity in their operations.
After the 9-11 attack on the United States, the need to tighten security has embraced by big corporations. Logo apparels give not only a professional image to these corporations, but also it identifies company employees for security purposes. According to human resource managers, the number of companies that will allow casual dressing has grown by 79% . A clean consistent look in the company creates a casual, yet professional environment and turns every worker into a walking advertisement.
Next time you go out, look around. Go to restaurants, banks, the auto shop, your kids football team, just look all around you and you will find people wearing logo apparels.
These people are your potential clients and the best part is that, you do not need to have a big embroidery factory to provide these services.
Getting Started
You will not make money from the embroidery itself; rather you will be buying apparels at wholesale prices and make a catalog to send to prospective customers. Your customers buy the apparel with their logo from you. But you sell each apparel at its retail price.
For example, if you both a jacket at a whole sale price of $25 and sell it at $50 ($45 retail price + $5.00 embroidery fee) you make a $25 profit on each jacket. Assuming that a company just contacted you to provide them with 500 jackets because winter is approaching and they need to keep their employees and clients warm, then that is a cool cask of $12,500 for one order. What if this company decides to also order their summer apparels and promotion apparels from you in 6 months time?
Where Can You Get These Sizes of 0rders?
Businesses: Businesses need your service in producing a clean and professional image. They also use logo items for promotional purposes. Other uses includes: giveaways, trade shows, uniforms.
Sports Groups: Sport teams also need logo shirts, pants, face caps for themselves and their fans. This is a huge market on its own. You can start your embroidery home based business by speaking to the coach of your kids sports team in school. You van visit the person in charge of sports dressing in various schools in your area. Let them know about you business. Hand them a catalog and you business card.
Organization: organizations provide a huge market for your service. There are various organizations you could contact such as fans clubs, trade associations, non governmental organizations and so on.
Hotels: Many hotels have realized that giving their guests embroidered apparels such as logo towels, gift bags, face caps, T-shirts imprints their business in the mind of their guest and as such the want to come back.
These are just a few ways you can get orders for your embroidery home based business. Once you have your satisfied clients, your business begins to grow and run on auto pilot as a result of referrals and re-orders. |