How to start an embroidery business
High Return On Investment with Melco Embroidery Machines and Direct to Garment Printing Technology.
With a modest capital investment and just a few hours of training, you can be generating substantial revenues for your apparel decoration business in no time.
Melco equipment requires minimal operating cost, keeping your overhead and labor costs low. Plus, with Melco’s flexible financing/leasing options, a brand new EMT16X modular embroidery system or Epson F2100 Direct to Garment Printer with software, training and warranty plan can be yours for one low monthly payment. Contact us today for more details and pricing.
Let’s look at a real-world example of ROI with a Melco EMT16X single-head embroidery system:
Purchase 24 caps at a wholesale cost of $1.50 each for a total cost of $36. With Melco EMT16X, you can embroider those caps in as little as two hours and sell them for at least $15 each. $15 x 24 equals $360. That’s enough revenue to easily cover a typical monthly payment for a brand new Melco EMT16X, from a single embroidery order.
Apparel Decoration Business Start-Up Guide
We understand that you will have many questions about starting an apparel decoration business. Our Embroidery Business Start-Up is a great resource for those of you who are looking for answers about starting and running a small business for the first time. See some excerpts below.
From the Apparel Decoration Business Start-Up Guide:
How to Start a Small Business
Starting and managing a business takes motivation, desire, and talent. It also takes research and planning. Like a chess game, success in small business starts with decisive and correct opening moves. And although initial mistakes are not fatal, it takes skill, discipline, and hard work to regain the advantage.
To increase your chance for success, take the time up front to explore and evaluate your business and personal goals. Then use this information to build a comprehensive and well thought out business plan that will help you reach these goals.
The process of developing a business plan will help you think through some important issues that you may not have considered yet. Your plan will become a valuable tool as you set out to raise money for your business. It should also provide milestones to gauge your success.
Before starting out, list your reasons for wanting to go into business. Some of the most common reasons for starting a business are:
- You want to be your own boss.
- You want financial independence.
- You want creative freedom.
- You want to maximize the potential of your skills and knowledge.
Next you need to determine what business is “right for you.”
Ask yourself these questions:
- What do I like to do with my time?
- What technical skills have I learned or developed?
- What do others say I am good at?
- How much time do I have to run a successful business?
- Do I have any hobbies or interests that are marketable?
Next identify the niche your business will fill.
Conduct the necessary research to answer these questions:
- Is my idea practical and will it fill a need?
- What is my competition?
- What is my business advantage over existing firms?
- Can I deliver a better quality service?
- Can I create a demand for my business?
Much much more! Click here and fill out a short form to view and download the full Apparel Decoration Business Start-Up Guide.