Technical Thursday: Starting a T-shirt Business on a Budget!
Every business begins with a dream and a vision of success. Getting your ideas off the ground is difficult though. Starting your own business has a slippery slope to success.
According to Business Insider, “Only 50% of businesses survive five years — though most (70%) hit the two-year mark”. With such a high stakes, you can’t afford to go into business lightly. Minimize your start-up risks by reading through these 5 Easy Tips for Starting Your Own T-shirt Business.
1. Narrow It Down
What’s your style going to be like? Are you going to specialize in Adult/Child/Infant or pet clothing? Try to narrow down your choices for a specific target audience.
2. Do Your Research
Research the permits and license paperwork you will need to file for before you can officially open for business. Estimate your start-up costs and look at what your competitors are doing.
3. Design Cost-Effectively
To save on start-up costs, use a cost-effective design program. Paint.net is similar to Adobe Photoshop and is available for to download for free. Paintshop Pro and Gimp are also good options.
4. Find a Supplier
Your customers want to get the best bang for their buck, and you’re no different. To price your products effectively, you need to make sure you are getting the best deal on your blank T-shirts. Blankshirts.com has T-shirts priced as low as $1.95 each.
5. Find a Printer
Ideally, you want to buy your own Direct To Garment printer and begin printing your designs yourself. In this case, make sure you thoroughly research your choices and look at consumer reviews. T-SHIRTFORUMS.COM is a great place for un-biased reviews and consumer information. At OmniPrint International, our sales consultants will help you get the best financing options available and match you up with a reliable and high-quality machine.
If you are not able to purchase your own Direct To Garment printer now, look for a local printer who will print your designs at a low-cost. Budget your business accordingly until you can afford your own DTG machine.
Did you find this post helpful? Do you have any of your own tips you’d like to add? Please let us know in the comment section below!