5 Reasons to Start an Embroidery Business
People start small businesses for different reasons. Whether you’re looking for a new career or you just want to join the side-hustle trend and earn some extra income, here are five great reasons to start an embroidery business:
You’ll enjoy a large customer base.
Many commercial businesses use embroidered polo shirts, caps, and other items as part of their company uniforms, so seeking out and partnering with these businesses can mean plenty of orders for you. Baby accessories, monogrammed shirts and sweaters, bags and other personalization will always be in demand.
The cost of supplies is low.
The only time you’ll likely spend a lot of money on supplies is during startup and when you upgrade your embroidery machine. Otherwise, the costs of embroidery supplies, even high quality supplies, is low.
A 5,000 meter thread cone is only about $7, and other basic supplies such as stabilizers, backings and toppings, and more are all inexpensive investments in your business and can be purchased as incrementally as needed.
You can start your embroidery business from home.
You don’t need much space to start your home embroidery business. Supplies are compact and easy to store away when you aren’t using them, and many successful businesses operate from a spare bedroom.
A broad customer base, plus the low cost of supplies means profit margins are high. That’s not to say you won’t have to market your embroidery business in order to succeed, but the likelihood of building a successful embroidery business is very high if you’re willing to put in the effort.
You’ll get to use your creativity and passion to do something you love!
It’s been said that if you do something you love, you’ll never work a day in your life. Turn your hobby into a lucrative business and love what you do!