Starting an embroidery business is an exciting and growing venture. If you&#;re interested in starting an at-home business, embroidery is a great option, especially for those with creative ideas that others would love in their niches.
Below, we will give you ten reasons why the embroidery business could be the best idea for your new venture with a machine like the JUKI Tajima Sai.
Keep Your Space
When you start an at-home business, you may not have the space available for a large machine and equipment. So finding a single head embroidery machine like the Tajima Sai or similar is a great idea because they&#;re for compact spaces.
Minimal Set Up Cost
Starting a new business, we want to create something low-cost to create to achieve a profit. Therefore, the initial money you put into an embroidery business doesn&#;t require a considerable amount. For example, the Tajima Sai can be found for under 12K with software and supplies included. Many machines will also have training videos or resources for starting users.
Supply Cost is Low
When it comes to buying supplies for a business, you want to make sure that it will be a profitable outcome. For example, a -meter cone of embroidery thread is under $7.00, and the line will last for many projects.
Creative Freedom
Creating merchandise can be a great experience! If you have many ideas, owning a business that allows you to create is perfect. You can find yourself in many niches, whether it be creating for hobbies you enjoy, TV shows or movies you follow, and more; there is a customer base for everything.
Flexible Work Hours
When you own a business, you&#;re able to create work hours for yourself. This can be a great side business for many after their workdays, at night, or on weekends and special events. The ability to choose when and how you work is a pro for many owners.
Profitable Business
It makes sense that when you start an at-home business, you want something that will be low cost with high profit. The great thing about embroidery is the low cost of supplies. Remember that you will never receive 100% profit on an item you create, but hitting 10% profit is average and hitting 20% profit is good!
Customer Demand
Small businesses are currently experiencing a boom! With social media and the online network at your disposal, small businesses are constantly growing and creating audience bases. However, while there are many in the game, there is never someone who creates the same way you create, and you should keep this in mind when choosing to enter into the embroidery market.
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Resources are Everywhere
Embroidery is not a new thing! However, one of the best things about the embroidery world is the number of resources available to new and advanced users. Whether it be training videos, attending workshops, or other programs, embroidery offers the chance to learn a new product and new project with much help.
Easy Expansion
When it&#;s time to upgrade your small business, it&#;s easy to expand. Certain machines can easily link together, allowing you to create your own production &#;floor&#; right in your home. With the ability to easily grow your business when you need it, knowing the possibility is always there is good.
Product Choices
Designing and creating a new product to sell should be fun, even if there is work to do. The possibilities with an embroidery machine allow you to focus on different niches! With accessories available to embroider socks, hats, bags, t-shirts, jackets, and more, a pro for this machine is the ability to be multi-dimensional in your merchandise.
Whether this pushes you to open that embroidery business you&#;ve been thinking about or not, we hope this helps you see the prod of opening your own small business! So, what questions do you have about embroidery? Let us know down below!
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