Small Business Idea #196:
Profitable Home Sewing Businesses
By Randy Wilson
If you’re interested in home sewing businesses, you’re onto a good thing. Home based sewing businesses have benefited from tremendous improvements in technology in the last few years.
The opportunities for home sewing businesses range from sewing specialty clothing to monogramming to commercial sewing. There are some absolutely fabulous machines and software out there that do everything from intricate embroidery to monogramming shirts, jackets, and caps for all sorts of businesses and sports teams.
So how do you go about starting a sewing business? First you have to decide on the type of home sewing business you want. As mentioned earlier, you can make specialty clothing such as wedding gowns and bridesmaids dresses on a machine you likely already own.
You may, however, want to break into the commercial area where you embroider on caps and such for local sports and Little League teams. Before you can have any home based sewing business, you have to know what exactly type of sewing service that business is going to provide.
The next thing you want to do when looking into sewing businesses is to look at the costs involved if you are going to be purchasing equipment. There’s a wide range for you to choose from, and you can likely find exactly what you need at exactly the right price for your budget. Just make sure you deal with reputable companies. This is especially important if you’re going to purchase used equipment for your home sewing business.
Now develop a business plan for your sewing business. It should include a budget and how you’ll use profits to grow your business in the future. You need to consider who the target market is for your home sewing business, and develop a plan for how you’re going to reach it. Also, you’ll want to look at accounting needs, tax requirements, and liability insurance.
You also want to decide whether you want to have a partner or not. Often, it’s a good idea to have a partner, but make sure that person shares your vision of what you’re doing. Also where you want to take your sewing business over time.
Once you have a business plan, follow it. It takes effort and determination to establish and sustain all businesses, whether they’re home sewing businesses or Fortune 500 corporations. There will be bumps in the road, but your business plan will help you manage them when they pop up. Be vigilant, and you can be the owner of a successful home sewing business.
And, please, don’t forget to consider your family when considering home sewing businesses. Talk about how having a home based sewing business will affect them. Make sure everyone understands what it will mean to them. You’ll be home, but you’ll be working.
This can make it hard for family members to know when you can stop and chat or go out for a bite to eat. Having everything out in the open will be a big help in the future when you’re going crazy to meet a deadline and your family wants to go out for ice cream.
Once you’ve considered these aspects of home sewing businesses and have taken the plunge to actually start a home based sewing business, you want to get the word out. How much advertising you do depends on your budget, and you may not be able to do the type and amount you’d like when your first start your home sewing business.
Some simple, inexpensive advertising and marketing materials you should consider are flyers and business cards. You should also look into placing small ads in your local newspaper.
Websites are something else you should look into for advertising and marketing your home sewing business. They aren’t nearly as expensive as you might think—and are well worth the investment for the amount of business one can bring your way.
© Copyright Randy Wilson, All Rights Reserved.
Randy is has dozens of home based business articles such as Soy Candle Business Opportunity and Spy Products.
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