Starting a Business in Your Home: Is It for You? - This fact sheet, prepared by the Ohio State University Extension Office offers a list of important considerations you should go over before starting a home-based business.
Make Money with Embroidery
Special thanks to Doug Mahopac and Article Geek.com for this helpful article about making money from custom embroidery work.
People are all ages are looking to make extra money. Whether you are planning to supplement your current income or looking to replace an income totally, consider using a hobby like embroidery to make some fast cash. Embroidered items are always popular with all types of shoppers, and you can easily begin an embroidery company with a low overhead for those short of start up funds.
When you decide to start a business based on selling embroidered products, you should first consider how you will make the items. Are you planning to purchase pre-made items like shirts, handbags, hats, blankets, or towels or do you plan to make the items yourself? If you plan to purchase items, do you have a source that will supply you with the correct amount you need in a variety of colors or styles? How do you plan to embroider the items? Do you plan to hand embroider the products or are you going to invest in an embroidery machine? If you plan on making many products for sale, consider using machine embroidery to save your fingers and your sanity.
Once you have identified what items you plan to make and sell, begin working on the business logistics of the plan. Where do you plan to sell your items? How are you going to advertise your goods and get the word out about your fabulous items? Many men and women who start embroidery businesses first start at craft shows. These shows are an excellent way to start your fledgling business, since the money needed to participate is generally low, and you are able to show your items to a great deal of people.
Look to the World Wide Web for selling your wares. Popular online auction sites like Ebay or Yahoo! Auctions are a great place to start, since you can create virtual storefronts while gaining access to the site's customers. Owning your own internet business is very inexpensive and often a great choice for individuals who are just starting out or who do not have the resources to rent, buy, or run a traditional store of their own.
Finally, take the old fashioned route and sell your items in a traditional store. If you do not have the resources to open your own shop, ask local store owners about potentially using their space to sell your goods for a cut of the profits. Also, antique stores or shops that showcase goods from local crafters often allow individuals to rent a small space in their store instead of going out on their own.
Doug Mahopac specializes in Embroidery Machines http://www.u-embroidery-machines.com/
Article Source: http://www.articlegeek.com/